GDP (current US$), annual growth rate in Thailand
Thailand: GDP (current US$), annual growth rate was 2.04 % change on previous year in 2024. ◆ Volatile
GDP (current US$), annual growth rate in Thailand, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (current us$), annual growth rate in Thailand is 2.04 % change on previous year, measured in 2024.
The figure is down 50.2% on the previous year and up 165.9% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Thailand peaked at 32.54 % change on previous year in 1973 and was at its lowest, -24.31 % change on previous year, in 1998.
Thailand ranks 173rd of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Thailand, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 4.07 % change on previous year | — |
| 1972 | 10.89 % change on previous year | +167.4% |
| 1973 | 32.54 % change on previous year | +198.9% |
| 1974 | 26.43 % change on previous year | -18.8% |
| 1975 | 8.61 % change on previous year | -67.4% |
| 1976 | 14.13 % change on previous year | +64.1% |
| 1977 | 16.45 % change on previous year | +16.5% |
| 1978 | 21.37 % change on previous year | +29.9% |
| 1979 | 14.02 % change on previous year | -34.4% |
| 1980 | 18.2 % change on previous year | +29.8% |
| 1981 | 7.7 % change on previous year | -57.7% |
| 1982 | 5 % change on previous year | -35.0% |
| 1983 | 9.44 % change on previous year | +88.6% |
| 1984 | 4.38 % change on previous year | -53.6% |
| 1985 | -6.93 % change on previous year | -258.2% |
| 1986 | 10.79 % change on previous year | -255.6% |
| 1987 | 17.26 % change on previous year | +60.0% |
| 1988 | 22.03 % change on previous year | +27.6% |
| 1989 | 17.16 % change on previous year | -22.1% |
| 1990 | 18.12 % change on previous year | +5.6% |
| 1991 | 15.11 % change on previous year | -16.6% |
| 1992 | 13.46 % change on previous year | -10.9% |
| 1993 | 15.64 % change on previous year | +16.3% |
| 1994 | 13.81 % change on previous year | -11.7% |
| 1995 | 15.4 % change on previous year | +11.6% |
| 1996 | 8.13 % change on previous year | -47.2% |
| 1997 | -17.95 % change on previous year | -320.9% |
| 1998 | -24.31 % change on previous year | +35.4% |
| 1999 | 11.43 % change on previous year | -147.0% |
| 2000 | -0.2187 % change on previous year | -101.9% |
| 2001 | -4.82 % change on previous year | +2105.5% |
| 2002 | 11.64 % change on previous year | -341.4% |
| 2003 | 13.39 % change on previous year | +15.0% |
| 2004 | 13.54 % change on previous year | +1.1% |
| 2005 | 9.5 % change on previous year | -29.8% |
| 2006 | 17.14 % change on previous year | +80.4% |
| 2007 | 18.57 % change on previous year | +8.4% |
| 2008 | 10.82 % change on previous year | -41.8% |
| 2009 | -3.32 % change on previous year | -130.7% |
| 2010 | 21.08 % change on previous year | -735.2% |
| 2011 | 8.71 % change on previous year | -58.7% |
| 2012 | 7.21 % change on previous year | -17.2% |
| 2013 | 5.73 % change on previous year | -20.6% |
| 2014 | -3.09 % change on previous year | -154.0% |
| 2015 | -1.48 % change on previous year | -52.0% |
| 2016 | 3.01 % change on previous year | -302.7% |
| 2017 | 10.4 % change on previous year | +245.8% |
| 2018 | 11.04 % change on previous year | +6.2% |
| 2019 | 7.35 % change on previous year | -33.5% |
| 2020 | -8 % change on previous year | -208.9% |
| 2021 | 1.15 % change on previous year | -114.3% |
| 2022 | -2.08 % change on previous year | -281.9% |
| 2023 | 4.09 % change on previous year | -296.1% |
| 2024 | 2.04 % change on previous year | -50.2% |
Thailand compared with similar countries
- Thailand's 2.04 % change on previous year is below the median for upper middle income countries, which is 5.6 % change on previous year, 36% of the median. (58 countries reporting)
- Thailand's 2.04 % change on previous year is below the median for East Asia & Pacific, which is 5.94 % change on previous year, 34% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP (current US$), annual growth rate in Thailand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | -2105.5% | -0.2187 % change on previous year | -4.82 % change on previous year |
| 2010 | +735.2% | -3.32 % change on previous year | 21.08 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.5 % change on previous year | 4.07 % change on previous year | 32.54 % change on previous year | 9 |
| 1980s | 10.5 % change on previous year | -6.93 % change on previous year | 22.03 % change on previous year | 10 |
| 1990s | 6.88 % change on previous year | -24.31 % change on previous year | 18.12 % change on previous year | 10 |
| 2000s | 8.62 % change on previous year | -4.82 % change on previous year | 18.57 % change on previous year | 10 |
| 2010s | 7 % change on previous year | -3.09 % change on previous year | 21.08 % change on previous year | 10 |
| 2020s | -0.5628 % change on previous year | -8 % change on previous year | 4.09 % change on previous year | 5 |
Countries ranked near Thailand
- 170 Brunei 2.44 % change on previous year compare
- 171 Qatar 2.34 % change on previous year compare
- 172 Latvia 2.23 % change on previous year compare
- 174 Guinea-Bissau 2.02 % change on previous year compare
- 175 New Zealand 1.98 % change on previous year compare
- 176 Austria 1.95 % change on previous year compare
More population data for Thailand
- Population regions with projections, annual growth rate -0.7473 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -1.57 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.7473 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.8771 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 67,880 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.0154 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.4671 % change on previous year (2100)
- World population growth -0.7% (2100)
- Population density 89.17 people per km² (2100)
- Number of children under 5, by world region 1.67 million people (2100)
Frequently asked questions
- What is gdp (current us$), annual growth rate in Thailand?
- Gdp (current us$), annual growth rate in Thailand was 2.04 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Thailand?
- The highest recorded value was 32.54 % change on previous year in 1973.
- What is the lowest gdp (current us$), annual growth rate recorded in Thailand?
- The lowest recorded value was -24.31 % change on previous year in 1998.
- How does Thailand rank for gdp (current us$), annual growth rate?
- Thailand ranks 173rd out of 211 countries with data for 2024.
- Is gdp (current us$), annual growth rate rising or falling in Thailand?
- Over the last ten years it is up 165.9%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.