Value Added Deflator (Manufacturing) — Value Standard Local Currency in Thailand
Thailand: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 113.77 SLC in 2023. ▲ Rising
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Thailand, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Thailand recorded 113.77 SLC for value added deflator (manufacturing) — value standard local currency in 2023.
That represents a change of down 1.9% on the previous year and up 18.3% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Thailand peaked at 115.93 SLC in 2022 and was at its lowest, 13.73 SLC, in 1970.
Thailand ranks 150th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Thailand, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 13.73 SLC | — |
| 1971 | 14.16 SLC | +3.2% |
| 1972 | 14.54 SLC | +2.7% |
| 1973 | 17.11 SLC | +17.7% |
| 1974 | 20.2 SLC | +18.1% |
| 1975 | 20.23 SLC | +0.1% |
| 1976 | 21.12 SLC | +4.4% |
| 1977 | 22.06 SLC | +4.5% |
| 1978 | 24.34 SLC | +10.3% |
| 1979 | 27.07 SLC | +11.2% |
| 1980 | 31.69 SLC | +17.1% |
| 1981 | 36.02 SLC | +13.7% |
| 1982 | 36.57 SLC | +1.5% |
| 1983 | 37.37 SLC | +2.2% |
| 1984 | 39.07 SLC | +4.6% |
| 1985 | 40.53 SLC | +3.7% |
| 1986 | 43.12 SLC | +6.4% |
| 1987 | 43.29 SLC | +0.4% |
| 1988 | 46.93 SLC | +8.4% |
| 1989 | 45.03 SLC | -4.0% |
| 1990 | 51.31 SLC | +13.9% |
| 1991 | 54.23 SLC | +5.7% |
| 1992 | 53.3 SLC | -1.7% |
| 1993 | 54.8 SLC | +2.8% |
| 1994 | 56.59 SLC | +3.3% |
| 1995 | 58.86 SLC | +4.0% |
| 1996 | 59.87 SLC | +1.7% |
| 1997 | 62.11 SLC | +3.7% |
| 1998 | 69.35 SLC | +11.6% |
| 1999 | 66.74 SLC | -3.8% |
| 2000 | 68.89 SLC | +3.2% |
| 2001 | 69.85 SLC | +1.4% |
| 2002 | 70.98 SLC | +1.6% |
| 2003 | 73.16 SLC | +3.1% |
| 2004 | 74.53 SLC | +1.9% |
| 2005 | 78.83 SLC | +5.8% |
| 2006 | 83.85 SLC | +6.4% |
| 2007 | 85.63 SLC | +2.1% |
| 2008 | 89.36 SLC | +4.4% |
| 2009 | 88.68 SLC | -0.8% |
| 2010 | 93.51 SLC | +5.5% |
| 2011 | 96.39 SLC | +3.1% |
| 2012 | 95.05 SLC | -1.4% |
| 2013 | 96.17 SLC | +1.2% |
| 2014 | 98.43 SLC | +2.4% |
| 2015 | 100 SLC | +1.6% |
| 2016 | 102.95 SLC | +2.9% |
| 2017 | 105.69 SLC | +2.7% |
| 2018 | 106.78 SLC | +1.0% |
| 2019 | 106.55 SLC | -0.2% |
| 2020 | 104.07 SLC | -2.3% |
| 2021 | 109.19 SLC | +4.9% |
| 2022 | 115.93 SLC | +6.2% |
| 2023 | 113.77 SLC | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.45 SLC | 13.73 SLC | 27.07 SLC | 10 |
| 1980s | 39.96 SLC | 31.69 SLC | 46.93 SLC | 10 |
| 1990s | 58.72 SLC | 51.31 SLC | 69.35 SLC | 10 |
| 2000s | 78.37 SLC | 68.89 SLC | 89.36 SLC | 10 |
| 2010s | 100.15 SLC | 93.51 SLC | 106.78 SLC | 10 |
| 2020s | 110.74 SLC | 104.07 SLC | 115.93 SLC | 4 |
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)
- GDP (current US$), annual growth rate 9 % change on previous year (2025)
- GDP (current US$), per capita 8,057 current US$ per person (2025)
- GDP (current LCU), annual growth rate 1.55 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 32.88 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 264,922 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.44 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8419 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 6,783 constant 2015 US$ per person (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Thailand?
- Value added deflator (manufacturing) — value standard local currency in Thailand was 113.77 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Thailand?
- The highest recorded value was 115.93 SLC in 2022.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Thailand?
- The lowest recorded value was 13.73 SLC in 1970.
- How does Thailand rank for value added deflator (manufacturing) — value standard local currency?
- Thailand ranks 150th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Thailand?
- Over the last ten years it is up 18.3%. The long-run trend across the full record is rising.
- Where does this Thailand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).