Value Added (Total Manufacturing) — Value Standard Local Currency in Thailand

Thailand: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0623 million SLC per person in 2023. ◆ Volatile

Latest (2023)
0.0623 million SLC per person
Change on year
down 5.0%
World rank
56th
of 194 countries
All-time high
0.0655 million SLC per person
in 2022
All-time low
0.0007 million SLC per person
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Thailand, 1970–2023

00.020.040.06197019962023

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

In 2023, value added (total manufacturing) — value standard local currency in Thailand stood at 0.0623 million SLC per person.

That represents a change of down 5.0% on the previous year and up 22.0% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Thailand peaked at 0.0655 million SLC per person in 2022 and was at its lowest, 0.0007 million SLC per person, in 1970.

Thailand ranks 56th of 194 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value Standard Local Currency in Thailand, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, per capita in Thailand, 1970 to 2023.
Year million SLC per person Change
1970 0.0007 million SLC per person —
1971 0.0008 million SLC per person +11.5%
1972 0.0009 million SLC per person +13.2%
1973 0.0011 million SLC per person +32.6%
1974 0.0014 million SLC per person +22.2%
1975 0.0014 million SLC per person +3.4%
1976 0.0017 million SLC per person +17.6%
1977 0.002 million SLC per person +16.8%
1978 0.0023 million SLC per person +17.3%
1979 0.0027 million SLC per person +17.9%
1980 0.0032 million SLC per person +18.0%
1981 0.0038 million SLC per person +18.4%
1982 0.0039 million SLC per person +2.2%
1983 0.0044 million SLC per person +11.4%
1984 0.0048 million SLC per person +9.0%
1985 0.0048 million SLC per person +0.4%
1986 0.0055 million SLC per person +14.8%
1987 0.0063 million SLC per person +14.5%
1988 0.0079 million SLC per person +25.7%
1989 0.0086 million SLC per person +9.6%
1990 0.0112 million SLC per person +29.6%
1991 0.0127 million SLC per person +13.6%
1992 0.0136 million SLC per person +6.7%
1993 0.0149 million SLC per person +9.7%
1994 0.0164 million SLC per person +10.2%
1995 0.0187 million SLC per person +14.0%
1996 0.0199 million SLC per person +6.2%
1997 0.0205 million SLC per person +3.3%
1998 0.0207 million SLC per person +1.0%
1999 0.0217 million SLC per person +4.4%
2000 0.0228 million SLC per person +5.4%
2001 0.0234 million SLC per person +2.3%
2002 0.0256 million SLC per person +9.6%
2003 0.0288 million SLC per person +12.5%
2004 0.0313 million SLC per person +8.5%
2005 0.0342 million SLC per person +9.3%
2006 0.0381 million SLC per person +11.5%
2007 0.0414 million SLC per person +8.7%
2008 0.0439 million SLC per person +6.0%
2009 0.0418 million SLC per person -4.8%
2010 0.0487 million SLC per person +16.7%
2011 0.0475 million SLC per person -2.5%
2012 0.0498 million SLC per person +4.8%
2013 0.051 million SLC per person +2.5%
2014 0.052 million SLC per person +1.8%
2015 0.0533 million SLC per person +2.7%
2016 0.0559 million SLC per person +4.8%
2017 0.0588 million SLC per person +5.2%
2018 0.0613 million SLC per person +4.2%
2019 0.0605 million SLC per person -1.3%
2020 0.0559 million SLC per person -7.7%
2021 0.0613 million SLC per person +9.8%
2022 0.0655 million SLC per person +6.9%
2023 0.0623 million SLC per person -5.0%

Thailand compared with similar countries

  • Thailand's 0.0623 million SLC per person is above the median for upper middle income countries, which is 0.0119 million SLC per person, 5.2× the median. (54 countries reporting)
  • Thailand's 0.0623 million SLC per person is above the median for East Asia & Pacific, which is 0.0097 million SLC per person, 6.4× the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0015 million SLC per person 0.0007 million SLC per person 0.0027 million SLC per person 10
1980s 0.0053 million SLC per person 0.0032 million SLC per person 0.0086 million SLC per person 10
1990s 0.017 million SLC per person 0.0112 million SLC per person 0.0217 million SLC per person 10
2000s 0.0331 million SLC per person 0.0228 million SLC per person 0.0439 million SLC per person 10
2010s 0.0539 million SLC per person 0.0475 million SLC per person 0.0613 million SLC per person 10
2020s 0.0612 million SLC per person 0.0559 million SLC per person 0.0655 million SLC per person 4

Countries ranked near Thailand

  1. 53 Chad 0.0691 million SLC per person compare
  2. 54 Algeria 0.0677 million SLC per person compare
  3. 55 Liechtenstein 0.0635 million SLC per person compare
  4. 57 Turkey 0.0608 million SLC per person compare
  5. 58 Haiti 0.0589 million SLC per person compare
  6. 59 Bangladesh 0.0585 million SLC per person compare

See the full ranking of 194 places →

More economy & growth data for Thailand

All data for Thailand →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Thailand?
Value added (total manufacturing) — value standard local currency in Thailand was 0.0623 million SLC per person in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in Thailand?
The highest recorded value was 0.0655 million SLC per person in 2022.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Thailand?
The lowest recorded value was 0.0007 million SLC per person in 1970.
How does Thailand rank for value added (total manufacturing) — value standard local currency?
Thailand ranks 56th out of 194 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Thailand?
Over the last ten years it is up 22.0%. The long-run trend across the full record is volatile.
Where does this Thailand data come from?
The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Thailand. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-per-capita/thailand/

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How this figure is calculated

Value Added (Total Manufacturing) — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Value Added (Total Manufacturing) — Value Standard Local Currency ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,747 data points, 1970–2023
Last refreshed

Value Added (Total Manufacturing) — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.