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
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
| 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% |
Thailand compared with similar countries
- Thailand's 0.2973 is below the median for upper middle income countries, which is 0.407, 73% of the median. (57 countries reporting)
- Thailand's 0.2973 is below the median for East Asia & Pacific, which is 0.6017, 49% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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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About this data
February 2026 Data Release