GDP growth (annual %) (UNESCO Institute) in Thailand
Thailand: GDP growth (annual %) (UNESCO Institute) was 2.5% in 2024. ◆ Volatile
GDP growth in Thailand, 1970–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
In 2024, gdp growth in Thailand stood at 2.5%.
Compared with earlier readings it is up 25.2% on the previous year and up 156.6% over ten years.
Over the whole period, gdp growth in Thailand peaked at 13.3% in 1988 and was at its lowest, -7.6%, in 1998.
Thailand ranks 132nd of 212 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.
GDP growth (annual %) (UNESCO Institute) in Thailand, year by year
| Year | annual % | Change |
|---|---|---|
| 1970 | 11.4% | — |
| 1971 | 4.9% | -57.1% |
| 1972 | 4.3% | -12.6% |
| 1973 | 10.2% | +139.3% |
| 1974 | 4.5% | -56.4% |
| 1975 | 5.0% | +11.3% |
| 1976 | 9.3% | +87.6% |
| 1977 | 9.8% | +5.5% |
| 1978 | 10.3% | +4.6% |
| 1979 | 5.4% | -47.8% |
| 1980 | 5.2% | -3.7% |
| 1981 | 5.9% | +14.2% |
| 1982 | 5.4% | -9.4% |
| 1983 | 5.6% | +4.3% |
| 1984 | 5.8% | +3.0% |
| 1985 | 4.6% | -19.2% |
| 1986 | 5.5% | +19.1% |
| 1987 | 9.5% | +72.0% |
| 1988 | 13.3% | +39.6% |
| 1989 | 12.2% | -8.3% |
| 1990 | 11.2% | -8.4% |
| 1991 | 8.6% | -23.4% |
| 1992 | 8.1% | -5.5% |
| 1993 | 8.3% | +2.1% |
| 1994 | 8.0% | -3.1% |
| 1995 | 8.1% | +1.5% |
| 1996 | 5.7% | -30.4% |
| 1997 | -2.8% | -148.7% |
| 1998 | -7.6% | +177.2% |
| 1999 | 4.6% | -159.9% |
| 2000 | 4.5% | -2.6% |
| 2001 | 3.4% | -22.7% |
| 2002 | 6.1% | +78.5% |
| 2003 | 7.2% | +16.9% |
| 2004 | 6.3% | -12.5% |
| 2005 | 4.2% | -33.4% |
| 2006 | 5.0% | +18.6% |
| 2007 | 5.4% | +9.4% |
| 2008 | 1.7% | -68.2% |
| 2009 | -0.7% | -140.0% |
| 2010 | 7.5% | -1187.9% |
| 2011 | 0.8% | -88.8% |
| 2012 | 7.2% | +762.1% |
| 2013 | 2.7% | -62.9% |
| 2014 | 1.0% | -63.4% |
| 2015 | 3.1% | +218.3% |
| 2016 | 3.4% | +9.6% |
| 2017 | 4.2% | +21.6% |
| 2018 | 4.2% | +1.1% |
| 2019 | 2.1% | -49.9% |
| 2020 | -6.1% | -386.1% |
| 2021 | 1.6% | -125.7% |
| 2022 | 2.6% | +66.2% |
| 2023 | 2.0% | -21.8% |
| 2024 | 2.5% | +25.2% |
Thailand compared with similar countries
- Thailand's 2.5% is below the median for upper middle income countries, which is 3.3%, 76% of the median. (58 countries reporting)
- Thailand's 2.5% is below the median for East Asia & Pacific, which is 3.8%, 66% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) 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 |
|---|---|---|---|
| 2010 | +1187.9% | -0.7% | 7.5% |
| 2012 | +762.1% | 0.8% | 7.2% |
| 2020 | -386.1% | 2.1% | -6.1% |
| 2015 | +218.3% | 1.0% | 3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.5% | 4.3% | 11.4% | 10 |
| 1980s | 7.3% | 4.6% | 13.3% | 10 |
| 1990s | 5.2% | -7.6% | 11.2% | 10 |
| 2000s | 4.3% | -0.7% | 7.2% | 10 |
| 2010s | 3.6% | 0.8% | 7.5% | 10 |
| 2020s | 0.5% | -6.1% | 2.6% | 5 |
Countries ranked near Thailand
- 129 Congo 2.6% compare
- 130 Hong Kong 2.5% compare
- 131 Solomon Islands 2.5% compare
- 133 Faroe Islands 2.5% compare
- 134 Jordan 2.5% compare
- 135 Bosnia and Herzegovina 2.5% 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)
- Population growth rate -0.749 (2100)
- Population density 89.17 (2100)
- Projected population under age 5 1.67 million (2100)
Frequently asked questions
- What is gdp growth in Thailand?
- Gdp growth in Thailand was 2.5% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Thailand?
- The highest recorded value was 13.3% in 1988.
- What is the lowest gdp growth recorded in Thailand?
- The lowest recorded value was -7.6% in 1998.
- How does Thailand rank for gdp growth?
- Thailand ranks 132nd out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Thailand?
- Over the last ten years it is up 156.6%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release