Thailand GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Thailand's gdp growth was 2.00% in 2025, ranked 136th globally. This represents a 21.3% decrease from 2024. Data from World Bank, covering 1961–2025.
Overview
Thailand's gdp growth stood at 2.00% in 2025, a decline of +0.54pp from 2024. The IMF projects 2.00% by 2025. Thailand ranked 136th globally.
Thailand's GDP growth has experienced significant fluctuations over the past 65 years, with the economy expanding at a rate of 2.00% in 2025, ranking 136th globally. Notably, the country's all-time peak of 13.29% GDP growth in 1988 was a remarkable achievement, surpassing that of many peer nations, including the United States which has averaged a 2.02% growth rate since 1961. Conversely, Thailand's GDP contracted by 7.63% in 1998, a stark contrast to its current growth trajectory. This economic resilience is a testament to the country's ability to adapt to various economic conditions. While the current growth rate of 2.00% may not be as robust as its peak, it remains a stable figure, especially when compared to other economies such as Ukraine and Greece, which have struggled with slower growth rates. Looking ahead, a significant improvement in Thailand's manufacturing sector, driven by investments in technology and infrastructure, could potentially boost its GDP growth rate, potentially propelling it up the global rankings.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 2.49% | - | - |
| 2029* IMF | 2.45% | - | - |
| 2028* IMF | 2.31% | - | - |
| 2027* IMF | 2.19% | - | - |
| 2026* IMF | 1.60% | - | - |
| 2025* IMF | 2.00% | - | - |
| 2025 | 2.00% | −0.54pp | #136 |
| 2024 | 2.54% | +0.53pp | #123 |
| 2023 | 2.02% | −0.61pp | #133 |
| 2022 | 2.58% | +1.04pp | #155 |
| 2021 | 1.55% | +7.60pp | #180 |
| 2020 | -6.05% | −8.17pp | #132 |
| 2019 | 2.11% | −2.11pp | #128 |
| 2018 | 4.22% | +0.04pp | #68 |
| 2017 | 4.18% | +0.74pp | #72 |
| 2016 | 3.44% | +0.30pp | #95 |
| 2015 | 3.13% | +2.15pp | #97 |
| 2014 | 0.98% | −1.70pp | #170 |
| 2013 | 2.69% | −4.56pp | #118 |
| 2012 | 7.24% | +6.40pp | #32 |
| 2011 | 0.84% | −6.67pp | #172 |
Detected Pattern
Analysis
Thailand matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp growth improve within 24 months. View full analysis →
Frequently Asked Questions
Thailand's gdp growth was 2.00% in 2025. Ranked 136th globally. This represents a 21.3% decrease from the previous year.
Thailand's gdp growth peaked at 13.29% in 1988.
The lowest gdp growth in Thailand was -7.63% in 1998.
Thailand ranks 136th globally in gdp growth as of 2025.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
Thailand's gdp growth is projected to reach 2.00% by 2025 based on IMF projection.
The gdp growth of Thailand in 2025 was 2.00%. This ranks 136th in the world.
Cite this page
@misc{historysaid_thailand_gdp-growth,
title = {Thailand GDP Growth},
url = {https://historysaid.com/thailand/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}