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Thailand Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

Thailand's gross savings was 19.37% in 2025, ranked 98th globally. This represents a 18.6% decrease from 2024. Data from World Bank, covering 1975–2025.

19.37% −4.41% (-18.6%)
Year 2025 Rank #98 Global Peak 35.94% (1993) Source World Bank

Thailand Gross Savings (1975–2025)

Overview

Thailand's gross savings stood at 19.37% in 2025, a decline of +4.41% from 2024. The IMF projects 19.37% by 2025. Thailand ranked 98th globally.

Thailand’s gross savings rate has slipped to 19.37 percent in 2025, placing it 98th in the world and representing the lowest level recorded over the 51‑year series that begins in 1975 with a rate of 20.56 percent. The indicator reached its all‑time high of 35.94 percent in 1993, a period of robust capital formation that coincided with rapid industrial expansion, before entering a prolonged decline that accelerated after the Asian financial crisis and persisted through recent pandemic‑related fiscal pressures. The 2025 trough is marginally above the rates of peers such as Armenia (19.28 percent) and Serbia (19.55 percent), suggesting that Thailand now shares a savings profile with several lower‑middle‑income economies rather than its historically higher‑saving Asian counterparts. Continued reliance on external financing and modest domestic investment returns are likely to keep the savings ratio subdued, unless structural reforms that boost household income and corporate profitability succeed in reversing the downward trajectory.

Data & projection

Year Gross Savings YoY change Rank
2030* IMF 23.46% - -
2029* IMF 23.26% - -
2028* IMF 22.87% - -
2027* IMF 22.19% - -
2026* IMF 20.68% - -
2025* IMF 19.37% - -
2025 19.37% −4.41% #98
2024 23.78% −0.08% #79
2023 25.32% +0.93% #72
2022 26.31% −0.24% #65
2021 27.46% −0.47% #63
2020 28.04% −2.80% #45
2019 31.52% +0.68% #36
2018 31.69% −0.88% #34
2017 31.94% +0.33% #29
2016 30.08% +0.81% #27
2015 28.04% +1.27% #45
2014 27.49% +2.13% #46
2013 27.22% +0.43% #49
2012 28.93% −0.40% #47
2011 31.43% +2.71% #40
Show all years (1975-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.9% GDP growth 4.2% C/A balance 9.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Thailand matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →

Frequently Asked Questions

What is Thailand's gross savings?▾

Thailand's gross savings was 19.37% in 2025. Ranked 98th globally. This represents a 18.6% decrease from the previous year.

What was the highest gross savings in Thailand?▾

Thailand's gross savings peaked at 35.94% in 1993.

What was the lowest gross savings in Thailand?▾

The lowest gross savings in Thailand was 19.37% in 2025.

How does Thailand rank in gross savings?▾

Thailand ranks 98th globally in gross savings as of 2025.

What is the World Bank indicator code for gross savings?▾

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the projected gross savings of Thailand in 2025?▾

Thailand's gross savings is projected to reach 19.37% by 2025 based on IMF projection.

What is the gross savings of Thailand in 2025?▾

The gross savings of Thailand in 2025 was 19.37%. This ranks 98th in the world.

Cite this page

APA
Thailand Gross Savings. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/thailand/gross-savings/
BibTeX
@misc{historysaid_thailand_gross-savings, title = {Thailand Gross Savings}, url = {https://historysaid.com/thailand/gross-savings/}, publisher = {HistorySaid}, year = {2026} }
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