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Thailand GDP

Thailand's GDP rose to $526.41 billion in 2024, up from $515.91 billion in 2023, according to World Bank. This represents an increase of 2% ($10.5 billion) from the previous year and accounts for 0.47% of the world's total GDP. Thailand has GDP higher than the global median ($526.41 billion vs median $35.85 billion). Compared with the median in Asia, Thailand is higher ($526.41 billion vs regional median $98.96 billion) and ranks 10th out of 47 countries in Asia.

Thailand's GDP per capita rose to $6,573.44 in 2024, up from $6,408.41 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 526.41
2023 515.91
2022 495.64
2021 506.19
2020 500.46
2019 543.98
2018 506.75
2017 456.36
2016 413.37
2015 401.3
2014 407.34
2013 420.33
2012 397.56
2011 370.82
2010 341.1
2009 281.71
2008 291.38
2007 262.94
2006 221.76
2005 189.32
2004 172.9
2003 152.28
2002 134.3
2001 120.3
2000 126.39
1999 126.67
1998 113.68
1997 150.18
1996 183.04
1995 169.28
1994 146.68
1993 128.89
1992 111.45
1991 98.23
1990 85.34
1989 72.25
1988 61.67
1987 50.54
1986 43.1
1985 38.9
1984 41.8
1983 40.04
1982 36.59
1981 34.85
1980 32.35
1979 27.37
1978 24.01
1977 19.78
1976 16.99
1975 14.88
1974 13.7
1973 10.84
1972 8.18
1971 7.38
1970 7.09
1969 6.7
1968 6.08
1967 5.64
1966 5.28
1965 4.39
1964 3.89
1963 3.54
1962 3.31
1961 3.03
1960 2.76
Thailand GDP : Definition
GDP measures the total value of all goods and services produced in Thailand, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 2.53% 2.02% 2024
GDP Growth Rate (QoQ) 0.6% 0.7% Jun'25
GDP Growth Rate (YoY) 2.8% 3.2% Jun'25
GDP per Capita $6,573.44 $6,408.41 2024
GDP per Capita PPP $21,737.18 $21,191.45 2024
R&D Expenditure (% GDP) 1.16% 1.21% 2022
Real GDP $471.11B $459.5B 2024