GDP deflator (base year varies by country), annual growth rate in Thailand

Thailand: GDP deflator (base year varies by country), annual growth rate was 0.9272 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0.9272 % change on previous year
Change on year
down 27.3%
World rank
180th
of 211 countries
All-time high
20.34 % change on previous year
in 1974
All-time low
-2.58 % change on previous year
in 1999
Years of data
54
1971–2024

GDP deflator (base year varies by country), annual growth rate in Thailand, 1971–2024

-505101520197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp deflator (base year varies by country), annual growth rate in Thailand is 0.9272 % change on previous year, measured in 2024.

That represents a change of down 27.3% on the previous year and down 35.7% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Thailand peaked at 20.34 % change on previous year in 1974 and was at its lowest, -2.58 % change on previous year, in 1999.

Thailand ranks 180th 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 deflator (base year varies by country), annual growth rate in Thailand, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Thailand, 1971 to 2024.
Year % change on previous year Change
1971 -0.7867 % change on previous year
1972 6.34 % change on previous year -905.6%
1973 18.45 % change on previous year +191.1%
1974 20.34 % change on previous year +10.2%
1975 3.49 % change on previous year -82.8%
1976 4.5 % change on previous year +28.9%
1977 6.01 % change on previous year +33.8%
1978 9.7 % change on previous year +61.2%
1979 8.65 % change on previous year -10.8%
1980 12.7 % change on previous year +46.9%
1981 8.37 % change on previous year -34.1%
1982 5.06 % change on previous year -39.6%
1983 3.65 % change on previous year -27.9%
1984 1.45 % change on previous year -60.3%
1985 2.18 % change on previous year +50.4%
1986 1.65 % change on previous year -24.1%
1987 4.72 % change on previous year +185.7%
1988 5.92 % change on previous year +25.3%
1989 6.12 % change on previous year +3.4%
1990 5.77 % change on previous year -5.6%
1991 5.75 % change on previous year -0.5%
1992 4.49 % change on previous year -21.9%
1993 6.49 % change on previous year +44.5%
1994 4.67 % change on previous year -28.0%
1995 5.74 % change on previous year +22.8%
1996 4.1 % change on previous year -28.6%
1997 4.42 % change on previous year +7.9%
1998 8.06 % change on previous year +82.4%
1999 -2.58 % change on previous year -132.0%
2000 1.33 % change on previous year -151.7%
2001 1.92 % change on previous year +44.0%
2002 1.69 % change on previous year -11.8%
2003 2.15 % change on previous year +27.2%
2004 3.57 % change on previous year +66.0%
2005 5.09 % change on previous year +42.6%
2006 5.1 % change on previous year +0.3%
2007 2.47 % change on previous year -51.5%
2008 5.13 % change on previous year +107.6%
2009 0.1946 % change on previous year -96.2%
2010 4.08 % change on previous year +1997.1%
2011 3.74 % change on previous year -8.3%
2012 1.91 % change on previous year -49.0%
2013 1.78 % change on previous year -6.9%
2014 1.44 % change on previous year -18.9%
2015 0.7222 % change on previous year -49.9%
2016 2.64 % change on previous year +265.0%
2017 1.9 % change on previous year -27.9%
2018 1.43 % change on previous year -24.8%
2019 1.01 % change on previous year -29.0%
2020 -1.3 % change on previous year -228.0%
2021 1.77 % change on previous year -236.7%
2022 4.66 % change on previous year +162.6%
2023 1.27 % change on previous year -72.6%
2024 0.9272 % change on previous year -27.3%

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.52 % change on previous year -0.7867 % change on previous year 20.34 % change on previous year 9
1980s 5.18 % change on previous year 1.45 % change on previous year 12.7 % change on previous year 10
1990s 4.69 % change on previous year -2.58 % change on previous year 8.06 % change on previous year 10
2000s 2.87 % change on previous year 0.1946 % change on previous year 5.13 % change on previous year 10
2010s 2.07 % change on previous year 0.7222 % change on previous year 4.08 % change on previous year 10
2020s 1.47 % change on previous year -1.3 % change on previous year 4.66 % change on previous year 5

Countries ranked near Thailand

  1. 177 Switzerland 1.29 % change on previous year compare
  2. 178 Armenia 1.16 % change on previous year compare
  3. 179 Saint Lucia 0.963 % change on previous year compare
  4. 181 Indonesia 0.8914 % change on previous year compare
  5. 182 Turks and Caicos Islands 0.8295 % change on previous year compare
  6. 183 Malaysia 0.7819 % change on previous year compare

See the full ranking of 211 places →

More population data for Thailand

All data for Thailand →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Thailand?
Gdp deflator (base year varies by country), annual growth rate in Thailand was 0.9272 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Thailand?
The highest recorded value was 20.34 % change on previous year in 1974.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Thailand?
The lowest recorded value was -2.58 % change on previous year in 1999.
How does Thailand rank for gdp deflator (base year varies by country), annual growth rate?
Thailand ranks 180th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Thailand?
Over the last ten years it is down 35.7%. 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 deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Thailand. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/thailand/

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How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.