Value Added (Total Manufacturing) — Value US$, 2015 prices in Thailand
Thailand: Value Added (Total Manufacturing) — Value US$, 2015 prices was 114,569 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, 2015 prices in Thailand, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in Thailand stood at 114,569 million USD.
That represents a change of down 3.2% on the previous year and up 5.9% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Thailand peaked at 119,597 million USD in 2018 and was at its lowest, 5,213 million USD, in 1970.
Thailand ranks 19th of 220 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8,824 million USD | 5,213 million USD | 13,226 million USD | 10 |
| 1980s | 19,144 million USD | 13,608 million USD | 30,178 million USD | 10 |
| 1990s | 49,411 million USD | 34,885 million USD | 59,038 million USD | 10 |
| 2000s | 80,263 million USD | 60,973 million USD | 96,915 million USD | 10 |
| 2010s | 110,224 million USD | 99,310 million USD | 119,597 million USD | 10 |
| 2020s | 115,718 million USD | 112,297 million USD | 118,400 million USD | 4 |
Countries ranked near Thailand
- 16 Switzerland 166,444 million USD compare
- 17 Canada 163,183 million USD compare
- 18 Spain 152,324 million USD compare
- 20 Poland 106,992 million USD compare
- 21 Netherlands (Kingdom of the) 104,297 million USD compare
- 22 Australia and New Zealand 97,667 million USD compare
More economy & growth data for Thailand
- External balance on goods and services as a percent of gdp 3.88 (2025)
- Inflation of consumer prices -0.1336 (2025)
- Gdp per capita worldbank constant usd 6,783 (2025)
- Manufacturing value added to gdp 23.74 (2025)
- Gdp worldbank constant usd 485.78 billion (2025)
- Gdp per capita in international and market dollars 6,783 (2025)
- DEC alternative conversion factor 32.88 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 310.09 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 9.43 billion current US$ (2025)
- Net primary income (Net income from abroad) -490.45 billion current LCU (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Thailand?
- Value added (total manufacturing) — value us$, 2015 prices in Thailand was 114,569 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Thailand?
- The highest recorded value was 119,597 million USD in 2018.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Thailand?
- The lowest recorded value was 5,213 million USD in 1970.
- How does Thailand rank for value added (total manufacturing) — value us$, 2015 prices?
- Thailand ranks 19th out of 220 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Thailand?
- Over the last ten years it is up 5.9%. The long-run trend across the full record is volatile.
- 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 (Total Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).