Thailand PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Thailand's ppp conversion factor was 10.22 in 2025, ranked 84th globally. This represents a 2.6% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Thailand's ppp conversion factor stood at 10.22 in 2025, a decline of +0.27 from 2024. Based on recent trends, this figure is projected to reach 10.22 by 2025. Thailand ranked 84th globally.
Thailand’s purchasing power parity (PPP) conversion factor has risen from 8.96 in 1990, the all‑time trough, to a peak of 12.39 in 2011 before easing to 10.22 in 2025, placing the country 84th globally. Over the 36‑year series the factor has increased by roughly 14 % since the 1990 low, reflecting gradual improvements in price level differentials relative to the United States dollar. The 2011 peak coincided with a period of robust export growth and relatively low inflation, while the subsequent moderation aligns with tighter monetary conditions and higher domestic price pressures. Compared with peers of similar rank, Thailand’s 2025 figure is lower than Mauritania’s 11.05 and Honduras’s 11.50 but above Norway’s 8.71, indicating a middle‑of‑the‑road position among economies with comparable PPP conversion levels. Continued structural reforms that enhance productivity and stabilize inflation could sustain the recent upward trajectory, whereas external shocks to commodity prices or exchange rates would likely reverse it.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 9.75 | - | - |
| 2026* trend | 9.98 | - | - |
| 2025* trend | 10.22 | - | - |
| 2025 | 10.22 | −0.27 | #84 |
| 2024 | 10.49 | −0.15 | #109 |
| 2023 | 10.65 | −0.24 | #117 |
| 2022 | 10.89 | −0.26 | #121 |
| 2021 | 11.15 | −0.26 | #122 |
| 2020 | 11.41 | −0.42 | #122 |
| 2019 | 11.83 | −0.32 | #124 |
| 2018 | 12.15 | −0.23 | #124 |
| 2017 | 12.39 | +0.03 | #126 |
| 2016 | 12.35 | +0.01 | #126 |
| 2015 | 12.34 | +0.08 | #126 |
| 2014 | 12.26 | +0.11 | #127 |
| 2013 | 12.15 | −0.02 | #127 |
| 2012 | 12.18 | −0.21 | #127 |
| 2011 | 12.39 | +0.20 | #128 |
Detected Pattern
Analysis
Thailand matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Thailand's ppp conversion factor was 10.22 in 2025. Ranked 84th globally. This represents a 2.6% decrease from the previous year.
Thailand's ppp conversion factor peaked at 12.39 in 2011.
The lowest ppp conversion factor in Thailand was 8.96 in 1990.
Thailand ranks 84th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Thailand's ppp conversion factor is projected to reach 10.22 by 2025 based on trend extrapolation.
The ppp conversion factor of Thailand in 2025 was 10.22. This ranks 84th in the world.
Cite this page
@misc{historysaid_thailand_ppp-conversion-factor,
title = {Thailand PPP Conversion Factor},
url = {https://historysaid.com/thailand/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}