Trade in services in Thailand
Thailand: Trade in services was 26.6% in 2025. ▲ Rising
Trade in services in Thailand, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for trade in services in Thailand is 26.6%, measured in 2025.
The figure is down 3.5% on the previous year and up 6.0% over ten years.
Over the whole period, trade in services in Thailand peaked at 27.6% in 2024 and was at its lowest, 7.0%, in 1977.
That places Thailand 83rd out of 200 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Trade in services in Thailand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 8.3% | — |
| 1976 | 7.4% | -10.7% |
| 1977 | 7.0% | -5.9% |
| 1978 | 7.6% | +9.2% |
| 1979 | 8.7% | +14.8% |
| 1980 | 9.7% | +11.1% |
| 1981 | 9.8% | +1.6% |
| 1982 | 9.2% | -6.3% |
| 1983 | 9.4% | +1.7% |
| 1984 | 9.3% | -1.2% |
| 1985 | 9.9% | +7.0% |
| 1986 | 9.6% | -2.8% |
| 1987 | 10.8% | +12.4% |
| 1988 | 13.3% | +23.0% |
| 1989 | 13.8% | +3.5% |
| 1990 | 14.9% | +8.2% |
| 1991 | 15.6% | +4.5% |
| 1992 | 17.6% | +13.1% |
| 1993 | 18.3% | +3.5% |
| 1994 | 18.4% | +1.0% |
| 1995 | 19.9% | +7.9% |
| 1996 | 20.0% | +0.5% |
| 1997 | 22.1% | +10.3% |
| 1998 | 22.1% | +0.3% |
| 1999 | 22.3% | +0.7% |
| 2000 | 23.2% | +4.2% |
| 2001 | 23.0% | -1.0% |
| 2002 | 23.9% | +4.1% |
| 2003 | 22.3% | -6.7% |
| 2004 | 24.4% | +9.2% |
| 2005 | 24.7% | +1.3% |
| 2006 | 25.8% | +4.6% |
| 2007 | 25.9% | +0.5% |
| 2008 | 27.2% | +4.7% |
| 2009 | 22.9% | -15.5% |
| 2010 | 22.2% | -3.3% |
| 2011 | 23.6% | +6.5% |
| 2012 | 23.2% | -1.9% |
| 2013 | 24.3% | +4.9% |
| 2014 | 23.9% | -1.9% |
| 2015 | 25.1% | +5.1% |
| 2016 | 26.0% | +3.5% |
| 2017 | 25.8% | -0.7% |
| 2018 | 26.1% | +1.4% |
| 2019 | 25.4% | -2.9% |
| 2020 | 15.1% | -40.5% |
| 2021 | 16.3% | +8.0% |
| 2022 | 20.5% | +25.6% |
| 2023 | 23.9% | +16.5% |
| 2024 | 27.6% | +15.4% |
| 2025 | 26.6% | -3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.8% | 7.0% | 8.7% | 5 |
| 1980s | 10.5% | 9.2% | 13.8% | 10 |
| 1990s | 19.1% | 14.9% | 22.3% | 10 |
| 2000s | 24.3% | 22.3% | 27.2% | 10 |
| 2010s | 24.5% | 22.2% | 26.1% | 10 |
| 2020s | 21.7% | 15.1% | 27.6% | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 6.65 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.4957 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 3,994 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 16.89 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 8.91 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.1089 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 2.88 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 23,172 current LCU per person (2025)
Frequently asked questions
- What is trade in services in Thailand?
- Trade in services in Thailand was 26.6% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Thailand?
- The highest recorded value was 27.6% in 2024.
- What is the lowest trade in services recorded in Thailand?
- The lowest recorded value was 7.0% in 1977.
- How does Thailand rank for trade in services?
- Thailand ranks 83rd out of 200 countries with data for 2025.
- Is trade in services rising or falling in Thailand?
- Over the last ten years it is up 6.0%. The long-run trend across the full record is rising.
- Where does this Thailand data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. 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.