GDP growth in Thailand
Thailand: GDP growth was 2.5% in 2024. β Volatile
Latest (2024)
2.5%
Change on year
up 25.2%
World rank
132nd
of 212 countries
All-time high
13.3%
in 1988
All-time low
-7.6%
in 1998
Years of data
55
1970β2024
GDP growth in Thailand, 1970β2024
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.
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 (China) 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 growth rate by level of development -0.749 (2100)
- Projected population under age 5 1.67 million (2100)
- Population density 89.17 (2100)
- Population growth rate -0.749 (2100)
- Projected population under age 5, annual growth rate -0.4671 % change on previous year (2100)
- Fertility and wanted fertility 1.2 (2024)
- Refugee population by country or territory of asylum 84,421 (2024)
- Fertility vs unmet contraception 1.2 (2024)
- Fertility vs contraception 1.2 (2024)
- Natural population growth -0.0643 (2023)
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 Β· JSON β 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release