Gross domestic product (GDP), Current prices, Fiscal year, Domestic in Thailand
Thailand: Gross domestic product (GDP), Current prices, Fiscal year, Domestic was 23.13 trillion in 2031. ◆ Volatile
Gross domestic product (GDP), Current prices, Fiscal year, Domestic in Thailand, 1991–2031
Source: International Monetary Fund.
Analysis
In 2031, gross domestic product (gdp), current prices, fiscal year, domestic in Thailand stood at 23.13 trillion. That is the highest value across all 41 years on record.
That represents a change of up 4.2% on the previous year and up 44.6% over ten years.
Over the whole period, gross domestic product (gdp), current prices, fiscal year, domestic in Thailand peaked at 23.13 trillion in 2031 and was at its lowest, 2.50 trillion, in 1991.
Thailand ranks 9th of 26 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.
Gross domestic product (GDP), Current prices, Fiscal year, Domestic in Thailand, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 2.50 trillion | — |
| 1992 | 2.85 trillion | +13.7% |
| 1993 | 3.18 trillion | +11.7% |
| 1994 | 3.58 trillion | +12.6% |
| 1995 | 4.09 trillion | +14.0% |
| 1996 | 4.51 trillion | +10.4% |
| 1997 | 4.70 trillion | +4.2% |
| 1998 | 4.67 trillion | -0.7% |
| 1999 | 4.61 trillion | -1.3% |
| 2000 | 4.85 trillion | +5.3% |
| 2001 | 5.10 trillion | +5.2% |
| 2002 | 5.35 trillion | +4.8% |
| 2003 | 6.17 trillion | +15.4% |
| 2004 | 6.76 trillion | +9.6% |
| 2005 | 7.45 trillion | +10.3% |
| 2006 | 8.25 trillion | +10.7% |
| 2007 | 8.85 trillion | +7.2% |
| 2008 | 9.75 trillion | +10.2% |
| 2009 | 9.45 trillion | -3.1% |
| 2010 | 10.62 trillion | +12.4% |
| 2011 | 11.37 trillion | +7.1% |
| 2012 | 11.78 trillion | +3.5% |
| 2013 | 12.87 trillion | +9.3% |
| 2014 | 13.13 trillion | +2.0% |
| 2015 | 13.59 trillion | +3.5% |
| 2016 | 14.35 trillion | +5.6% |
| 2017 | 15.25 trillion | +6.3% |
| 2018 | 16.17 trillion | +6.0% |
| 2019 | 16.81 trillion | +4.0% |
| 2020 | 15.88 trillion | -5.5% |
| 2021 | 16.00 trillion | +0.8% |
| 2022 | 17.13 trillion | +7.1% |
| 2023 | 17.89 trillion | +4.4% |
| 2024 | 18.48 trillion | +3.3% |
| 2025 | 18.90 trillion | +2.3% |
| 2026 | 19.32 trillion | +2.2% |
| 2027 | 19.88 trillion | +2.9% |
| 2028 | 20.56 trillion | +3.4% |
| 2029 | 21.34 trillion | +3.8% |
| 2030 | 22.19 trillion | +4.0% |
| 2031 | 23.13 trillion | +4.2% |
Thailand compared with similar countries
- Thailand's 23.13 trillion is above the median for upper middle income countries, which is 13.30 trillion, 1.7× the median. (7 countries reporting)
- Thailand's 23.13 trillion is above the median for East Asia & Pacific, which is 4.46 trillion, 5.2× the median. (7 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.85 trillion | 2.50 trillion | 4.70 trillion | 9 |
| 2000s | 7.20 trillion | 4.85 trillion | 9.75 trillion | 10 |
| 2010s | 13.59 trillion | 10.62 trillion | 16.81 trillion | 10 |
| 2020s | 18.54 trillion | 15.88 trillion | 21.34 trillion | 10 |
| 2030s | 22.66 trillion | 22.19 trillion | 23.13 trillion | 2 |
Countries ranked near Thailand
- 6 Türkiye 206.94 trillion compare
- 7 Egypt 38.91 trillion compare
- 8 Chinese Taipei 37.40 trillion compare
- 10 Dominican Republic 13.30 trillion compare
- 11 Saudi Arabia 6.49 trillion compare
- 12 Poland 5.38 trillion compare
More public sector data for Thailand
- Arms imports 73.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.02 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -74.91 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 73.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 77.06 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0104 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -3.89 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 5.52 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 569.59 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is gross domestic product (gdp), current prices, fiscal year, domestic in Thailand?
- Gross domestic product (gdp), current prices, fiscal year, domestic in Thailand was 23.13 trillion in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, fiscal year, domestic recorded in Thailand?
- The highest recorded value was 23.13 trillion in 2031.
- What is the lowest gross domestic product (gdp), current prices, fiscal year, domestic recorded in Thailand?
- The lowest recorded value was 2.50 trillion in 1991.
- How does Thailand rank for gross domestic product (gdp), current prices, fiscal year, domestic?
- Thailand ranks 9th out of 26 countries with data for 2031.
- Is gross domestic product (gdp), current prices, fiscal year, domestic rising or falling in Thailand?
- Over the last ten years it is up 44.6%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Fiscal year, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.