Services, value added (% of GDP) in Thailand
Thailand: Services, value added (% of GDP) was 60.2% in 2025. ▲ Rising
Services, value added in Thailand, 1993–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2025, services, value added in Thailand stood at 60.2%. That is the highest value across all 33 years on record.
That represents a change of up 1.5% on the previous year and up 9.5% over ten years.
Over the whole period, services, value added in Thailand peaked at 60.2% in 2025 and was at its lowest, 49.6%, in 2010.
That places Thailand 84th out of 206 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Services, value added (% of GDP) in Thailand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | 55.1% | — |
| 1994 | 54.4% | -1.3% |
| 1995 | 53.6% | -1.4% |
| 1996 | 53.9% | +0.4% |
| 1997 | 54.4% | +1.0% |
| 1998 | 53.6% | -1.4% |
| 1999 | 54.7% | +2.0% |
| 2000 | 54.8% | +0.2% |
| 2001 | 55.1% | +0.5% |
| 2002 | 54.4% | -1.2% |
| 2003 | 52.6% | -3.3% |
| 2004 | 52.8% | +0.3% |
| 2005 | 52.3% | -1.0% |
| 2006 | 51.5% | -1.6% |
| 2007 | 51.2% | -0.4% |
| 2008 | 50.4% | -1.5% |
| 2009 | 51.6% | +2.3% |
| 2010 | 49.6% | -4.0% |
| 2011 | 50.4% | +1.8% |
| 2012 | 51.2% | +1.4% |
| 2013 | 51.8% | +1.2% |
| 2014 | 53.1% | +2.6% |
| 2015 | 54.9% | +3.4% |
| 2016 | 55.9% | +1.8% |
| 2017 | 56.6% | +1.1% |
| 2018 | 57.1% | +0.9% |
| 2019 | 58.3% | +2.1% |
| 2020 | 58.0% | -0.5% |
| 2021 | 56.3% | -3.0% |
| 2022 | 56.2% | -0.2% |
| 2023 | 58.5% | +4.2% |
| 2024 | 59.3% | +1.3% |
| 2025 | 60.2% | +1.5% |
Thailand compared with similar countries
- Thailand's 60.2% is above the median for upper middle income countries, which is 58.1%, 1.0× the median. (58 countries reporting)
- Thailand's 60.2% is above the median for East Asia & Pacific, which is 60.2%, 1.0× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 54.2% | 53.6% | 55.1% | 7 |
| 2000s | 52.7% | 50.4% | 55.1% | 10 |
| 2010s | 53.9% | 49.6% | 58.3% | 10 |
| 2020s | 58.1% | 56.2% | 60.2% | 6 |
Countries ranked near Thailand
More economy & growth data for Thailand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.97 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.7 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 79.86 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.6567 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0072 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 58.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.87 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0056 units per US$ of GDP (2025)
Frequently asked questions
- What is services, value added in Thailand?
- Services, value added in Thailand was 60.2% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Thailand?
- The highest recorded value was 60.2% in 2025.
- What is the lowest services, value added recorded in Thailand?
- The lowest recorded value was 49.6% in 2010.
- How does Thailand rank for services, value added?
- Thailand ranks 84th out of 206 countries with data for 2025.
- Is services, value added rising or falling in Thailand?
- Over the last ten years it is up 9.5%. The long-run trend across the full record is rising.
- Where does this Thailand data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.