Thailand Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Thailand's services value added was 58.95% in 2025, ranked 89th globally. This represents a 0.3% decrease from 2024. Data from World Bank, covering 1993–2025.
Overview
Thailand's services value added stood at 58.95% in 2025, a decline of +0.20% from 2024. Based on recent trends, this figure is projected to reach 58.95% by 2025. Thailand ranked 89th globally.
Thailand’s services sector contributed 58.95 % of GDP in 2025, placing the country 89th in the world and marking a modest rise from the 55.12 % recorded in 1993. The indicator reached its all‑time high of 59.15 % in 2024, following a rebound from the trough of 49.56 % experienced in 2010, a period when the global financial crisis and domestic political turbulence suppressed demand for tourism and financial services. Over the 33‑year series, the upward trajectory reflects structural shifts toward a more consumption‑driven economy and the expansion of digital platforms that have broadened service delivery. Thailand’s performance is comparable to peers such as Botswana, which posted 59.29 % in the same year, and Poland at 59.38 %, underscoring a regional convergence among emerging economies with diversified service bases. Continued investment in high‑value services, particularly fintech and health tourism, will be crucial to sustain the gradual upward trend and avert a reversal toward earlier lows.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 59.85% | - | - |
| 2026* trend | 59.40% | - | - |
| 2025* trend | 58.95% | - | - |
| 2025 | 58.95% | −0.20% | #89 |
| 2024 | 59.15% | +0.70% | #100 |
| 2023 | 58.46% | +2.30% | #106 |
| 2022 | 56.16% | −0.12% | #102 |
| 2021 | 56.28% | −1.73% | #103 |
| 2020 | 58.01% | −0.27% | #105 |
| 2019 | 58.28% | +1.22% | #111 |
| 2018 | 57.06% | +0.48% | #108 |
| 2017 | 56.57% | +0.64% | #99 |
| 2016 | 55.94% | +0.99% | #95 |
| 2015 | 54.95% | +1.80% | #89 |
| 2014 | 53.15% | +1.37% | #82 |
| 2013 | 51.78% | +0.63% | #75 |
| 2012 | 51.15% | +0.73% | #76 |
| 2011 | 50.43% | +0.87% | #75 |
Detected Pattern
Analysis
Thailand matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →
Frequently Asked Questions
Thailand's services value added was 58.95% in 2025. Ranked 89th globally. This represents a 0.3% decrease from the previous year.
Thailand's services value added peaked at 59.15% in 2024.
The lowest services value added in Thailand was 49.56% in 2010.
Thailand ranks 89th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Thailand's services value added is projected to reach 58.95% by 2025 based on trend extrapolation.
The services value added of Thailand in 2025 was 58.95%. This ranks 89th in the world.
Cite this page
@misc{historysaid_thailand_services-value-added,
title = {Thailand Services Value Added},
url = {https://historysaid.com/thailand/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}