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GDP Growth in Thailand

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020)
Last Updated: Feb 8, 2021

Thailand's GDP growth amounted to 4.15 % in 2018 according to the the National Statistical Office. This is 0.08000000000000007 % more than in the previous year (4.07 %).

Historically, GDP growth in Thailand reached an all time high of 13.3 % in 1988 and an all time low of -7.63 % in 1998. When compared to Thailand's main peers, GDP growth in Cambodia amounted to 7.53 %, 6.31 % in Laos, 4.77 % in Malaysia and 6.41 % in Myanmar in 2018.

Thailand has been ranked 55th within the group of 174 countries we follow in terms of GDP growth, 76 places above the position seen 10 years ago.

Annual percentage growth rate of the whole economy at market prices based on a constant local currency.

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