Price level ratio of PPP conversion factor (GDP) to market exchange in Thailand

Thailand: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.2973 in 2024. ▬ Flat

Latest (2024)
0.2973
Change on year
down 2.8%
World rank
171st
of 202 countries
All-time high
0.4172
in 1996
All-time low
0.2476
in 2001
Years of data
35
1990–2024

Price level ratio of PPP conversion factor (GDP) to market exchange in Thailand, 1990–2024

00.10.20.30.41990200720241990: 0.351991: 0.3591992: 0.3691993: 0.3851994: 0.3971995: 0.4151996: 0.4171997: 0.3461998: 0.281999: 0.2952000: 0.2752001: 0.2482002: 0.2562003: 0.2662004: 0.2772005: 0.2822006: 0.3052007: 0.3342008: 0.3572009: 0.3462010: 0.3852011: 0.4062012: 0.3922013: 0.3962014: 0.3782015: 0.362016: 0.352017: 0.3652018: 0.3762019: 0.3812020: 0.3652021: 0.3492022: 0.3112023: 0.3062024: 0.297

Source: UNESCO Institute for Statistics.

Analysis

Thailand recorded 0.2973 for price level ratio of ppp conversion factor (gdp) to market exchange in 2024.

The figure is down 2.8% on the previous year and down 21.3% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Thailand peaked at 0.4172 in 1996 and was at its lowest, 0.2476, in 2001.

That places Thailand 171st out of 202 countries with data for 2024, putting it in the bottom quarter.

Price level ratio of PPP conversion factor (GDP) to market exchange in Thailand, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Thailand, 1990 to 2024.
Year Value Change
1990 0.3503
1991 0.3593 +2.6%
1992 0.3688 +2.6%
1993 0.3848 +4.4%
1994 0.397 +3.2%
1995 0.4151 +4.5%
1996 0.4172 +0.5%
1997 0.346 -17.1%
1998 0.2804 -19.0%
1999 0.2946 +5.1%
2000 0.2752 -6.6%
2001 0.2476 -10.0%
2002 0.2565 +3.6%
2003 0.266 +3.7%
2004 0.2767 +4.0%
2005 0.282 +1.9%
2006 0.3053 +8.3%
2007 0.3343 +9.5%
2008 0.3572 +6.9%
2009 0.3457 -3.2%
2010 0.3846 +11.3%
2011 0.4062 +5.6%
2012 0.3917 -3.6%
2013 0.3955 +1.0%
2014 0.3775 -4.5%
2015 0.3603 -4.6%
2016 0.3499 -2.9%
2017 0.3649 +4.3%
2018 0.3761 +3.1%
2019 0.381 +1.3%
2020 0.3645 -4.3%
2021 0.3486 -4.4%
2022 0.3106 -10.9%
2023 0.3059 -1.5%
2024 0.2973 -2.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3614 0.2804 0.4172 10
2000s 0.2947 0.2476 0.3572 10
2010s 0.3788 0.3499 0.4062 10
2020s 0.3254 0.2973 0.3645 5

Countries ranked near Thailand

  1. 168 Tunisia 0.301 compare
  2. 169 Ghana 0.2997 compare
  3. 170 Indonesia 0.2994 compare
  4. 172 Zambia 0.2924 compare
  5. 173 Ukraine 0.2905 compare
  6. 174 Azerbaijan 0.2903 compare

See the full ranking of 202 places →

More population data for Thailand

All data for Thailand →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Thailand?
Price level ratio of ppp conversion factor (gdp) to market exchange in Thailand was 0.2973 in 2024, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Thailand?
The highest recorded value was 0.4172 in 1996.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Thailand?
The lowest recorded value was 0.2476 in 2001.
How does Thailand rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Thailand ranks 171st out of 202 countries with data for 2024.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Thailand?
Over the last ten years it is down 21.3%. The long-run trend across the full record is flat.
Where does this Thailand data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Thailand. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 03 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/thailand/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release