Thailand Forecast: Real GDP Growth

1980 - 2027 | Yearly | % | International Monetary Fund

Key information about Thailand Forecast: Real GDP Growth

  • Thailand Real GDP Growth is forecasted to be 3.334 % in Dec 2022 as reported by International Monetary Fund.
  • It records a decrease from the last reported number of 1.566 % in Dec 2021.
  • Looking ahead, Thailand Real GDP Growth is projected to stand at 3.057 % in Dec 2027.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Thailand's Forecast: Real GDP Growth from 1980 to 2027 in the chart:

Thailand Forecast: Real GDP Growth

What is Thailand's Forecast: Real GDP Growth in 2027?

Thailand Real GDP Growth is forecasted to be 3.334 % in Dec 2022 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.057 2027 3.230 2026 -7.634 1998 13.288 1988 % yearly 1980 - 2027

Forecast: Real GDP Growth by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) -2.351 2020 yearly 2003 - 2020
Albania (%) 3.400 2027 yearly 1980 - 2027
Algeria (%) 1.812 2027 yearly 1980 - 2027
Andorra (%) 1.500 2027 yearly 2001 - 2027
Angola (%) 3.940 2027 yearly 1980 - 2027
Antigua and Barbuda (%) 2.703 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2027 yearly 1993 - 2027
Aruba (%) 1.400 2027 yearly 1987 - 2027
Australia (%) 2.585 2027 yearly 1980 - 2027
Austria (%) 1.780 2027 yearly 1980 - 2027
Azerbaijan (%) 2.493 2027 yearly 1993 - 2027
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 3.050 2027 yearly 1980 - 2027
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.574 2027 yearly 1993 - 2027
Belgium (%) 1.198 2027 yearly 1980 - 2027
Belize (%) 2.000 2027 yearly 1980 - 2027
Benin (%) 6.028 2027 yearly 1980 - 2027
Bhutan (%) 5.762 2027 yearly 1980 - 2027
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2027 yearly 1997 - 2027
Botswana (%) 3.986 2027 yearly 1980 - 2027
Brazil (%) 2.040 2027 yearly 1980 - 2027
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2027 yearly 1980 - 2027
Burkina Faso (%) 5.305 2027 yearly 1980 - 2027
Burundi (%) 4.519 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 5.164 2027 yearly 1980 - 2027
Canada (%) 1.631 2027 yearly 1980 - 2027
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 4.664 2027 yearly 1980 - 2027
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 4.784 2027 yearly 1980 - 2027
Colombia (%) 3.445 2027 yearly 1980 - 2027
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.370 2027 yearly 1980 - 2027
Costa Rica (%) 3.160 2027 yearly 1980 - 2027
Croatia (%) 3.000 2027 yearly 1993 - 2027
Cyprus (%) 2.930 2027 yearly 1980 - 2027
Czech Republic (%) 2.505 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.632 2027 yearly 1980 - 2027
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 6.000 2027 yearly 1992 - 2027
Dominica (%) 2.489 2027 yearly 1980 - 2027
Dominican Republic (%) 5.000 2027 yearly 1980 - 2027
Ecuador (%) 2.797 2027 yearly 1980 - 2027
Egypt (%) 5.904 2027 yearly 1980 - 2027
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 3.752 2027 yearly 1993 - 2027
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.990 2027 yearly 1980 - 2027
Fiji (%) 3.413 2027 yearly 1980 - 2027
Finland (%) 1.265 2027 yearly 1980 - 2027
France (%) 1.412 2027 yearly 1980 - 2027
Gabon (%) 3.823 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.200 2027 yearly 1995 - 2027
Germany (%) 1.134 2027 yearly 1980 - 2027
Ghana (%) 7.485 2027 yearly 1980 - 2027
Greece (%) 1.201 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.503 2027 yearly 1980 - 2027
Guinea (%) 5.107 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.748 2027 yearly 1980 - 2027
Haiti (%) 1.700 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 2.700 2027 yearly 1980 - 2027
Iceland (%) 2.299 2027 yearly 1980 - 2027
India (%) 6.168 2028 yearly 1981 - 2028
Indonesia (%) 5.177 2027 yearly 1980 - 2027
Iran (%) 2.025 2028 yearly 1981 - 2028
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.030 2027 yearly 1980 - 2027
Israel (%) 3.515 2027 yearly 1980 - 2027
Italy (%) 0.500 2027 yearly 1980 - 2027
Ivory Coast (%) 6.000 2027 yearly 1980 - 2027
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.398 2027 yearly 1980 - 2027
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 3.084 2027 yearly 1993 - 2027
Kenya (%) 5.424 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.284 2027 yearly 1980 - 2027
Kosovo (%) 3.500 2027 yearly 2001 - 2027
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 4.041 2027 yearly 1993 - 2027
Laos (%) 4.300 2027 yearly 1980 - 2027
Latvia (%) 3.260 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 0.122 2028 yearly 1981 - 2028
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

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Thailand Key Series

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Includes 313 key indicators for Thailand, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.1 Mar 2022 quarterly Sep 2002 - Mar 2022
Consolidated Fiscal Balance (USD mn) -1,736.649 Mar 2022 monthly Oct 2001 - Mar 2022
Tax Revenue (USD mn) 67,496.915 2020 yearly 1984 - 2020
Tax Revenue: % of GDP (%) 13.5 2020 yearly 1990 - 2020
National Government Debt (USD mn) 265,019.4 Mar 2022 monthly Oct 1997 - Mar 2022
Government Debt: % of GDP (%) 53.7 Mar 2022 quarterly Dec 1997 - Mar 2022
Forecast: Government Expenditure (THB bn) 5,196.108 2027 yearly 1995 - 2027
Forecast: Government Net Debt (THB bn) 12,977.980 2027 yearly 1996 - 2027
Forecast: Government Revenue (THB bn) 4,417.202 2027 yearly 1995 - 2027
Govt Revenue: Gross: Excise Dept (THB mn) 47,541.47 Jun 2018 monthly Oct 1989 - Jun 2018
Govt Revenue: Gross: Revenue Dept: Value Added Tax (THB mn) 68,616.81 Jun 2018 monthly Oct 1989 - Jun 2018
Total Public Debt as % of GDP (%) 60.640 Mar 2022 monthly Jan 2005 - Mar 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.381 2027 yearly 1980 - 2027
Trade Balance (USD mn) 1,459.1 Mar 2022 monthly Jan 1957 - Mar 2022
Total Exports (USD mn) 28,859.6 Mar 2022 monthly Oct 1990 - Mar 2022
Total Exports Growth (%) 28.7 Mar 2022 monthly Oct 1991 - Mar 2022
Aluminum: Exports (USD th) 906,263.336 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 473,140.446 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 158,255.608 2020 yearly 1995 - 2020
Total Imports (USD mn) 27,400.6 Mar 2022 monthly Jan 1991 - Mar 2022
Total Imports Growth (%) 26.8 Mar 2022 monthly Jan 1992 - Mar 2022
Imports: Medicament (USD th) 1,827,086.391 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 993,571.482 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 4,459.379 Mar 2022 monthly Jan 1971 - Mar 2022
Total Imports from USA (USD mn) 1,363.244 Mar 2022 monthly Jan 1971 - Mar 2022
Total Exports to China (USD mn) 3,207.768 Mar 2022 monthly Sep 1978 - Mar 2022
Total Imports from China (USD mn) 5,653.601 Mar 2022 monthly Apr 1974 - Mar 2022
MoC: Trade Balance: Custom Basis (THB mn) 34,960.106 Mar 2022 monthly Jan 1991 - Mar 2022
MoC: Exports: Custom Basis (THB mn) 922,313.302 Mar 2022 monthly Oct 1990 - Mar 2022
MoC: Imports: Custom Basis (THB mn) 887,353.196 Mar 2022 monthly Jan 1991 - Mar 2022
Exports: Agriculture: Rice (THB mn) 12,522.650 Dec 2021 monthly Jan 1995 - Dec 2021
Exports: Mfg: Machinery & Equipment (THB mn) 65,054.790 Dec 2021 monthly Jan 1995 - Dec 2021
Exports: Agriculture: Rubber (THB mn) 16,820.770 Dec 2021 monthly Jan 1995 - Dec 2021
Exports: Mfg: Electronics: Computer Parts (THB mn) 58,184.910 Dec 2021 monthly Jan 1995 - Dec 2021
Exports: Mfg: Automotive (THB mn) 128,902.070 Dec 2021 monthly Jan 1995 - Dec 2021
Imports: RM: Non-Agro: Base Metal Materials (THB mn) 78,500.930 Dec 2021 monthly Jan 1995 - Dec 2021
Imports: Capital Goods: Machinery and Equipment (ME) (THB mn) 148,385.460 Dec 2021 monthly Jan 1995 - Dec 2021
Imports: Others: Non-Monetary Gold (THB mn) 38,118.000 Dec 2021 monthly Jan 1995 - Dec 2021
Imports: RM: Non-Agro: Electronic Parts (THB mn) 102,308.670 Dec 2021 monthly Jan 1995 - Dec 2021
Imports: Consumer Goods: ND: Animal and Fishery (THB mn) 11,411.360 Dec 2021 monthly Jan 1995 - Dec 2021
Imports Volume: Liquefied Natural Gas (Cub ft mn) 41,470.320 Mar 2022 monthly Jan 2017 - Mar 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 7,093.6 Dec 2021 quarterly Mar 2005 - Dec 2021
Current Account Balance (USD mn) 1,244.8 Mar 2022 monthly Jan 1985 - Mar 2022
Current Account Balance: % of GDP (%) -1.2 Mar 2022 quarterly Mar 1993 - Mar 2022
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) 2.0 Dec 2021 quarterly Mar 1993 - Dec 2021
Foreign Portfolio Investment (USD mn) 4,628.360 Dec 2021 quarterly Mar 2005 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) 3.6 Dec 2021 quarterly Mar 2005 - Dec 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 506.5 Dec 2021 quarterly Mar 1976 - Dec 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 4,121.890 Dec 2021 quarterly Mar 1976 - Dec 2021
External Debt (USD mn) 197,742.8 Dec 2021 quarterly Mar 1999 - Dec 2021
External Debt: % of GDP (%) 38.2 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: Short Term (USD mn) 74,214.1 Dec 2021 quarterly Mar 1999 - Dec 2021
External Debt: Short Term: % of GDP (%) 14.7 2021 yearly 1980 - 2021
Forecast: Current Account Balance (USD bn) 22.526 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 49,573.900 Dec 2021 quarterly Mar 2012 - Dec 2021
BOP: USD: Current Account Balance (USD mn) 1,244.850 Mar 2022 monthly Jan 2005 - Mar 2022
Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) 139.20 Jun 2018 monthly Jan 2010 - Jun 2018
FDI: Mining & Quarrying (THB mn) -6,581.910 Dec 2021 quarterly Mar 2005 - Dec 2021
Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) 143.990 Dec 2021 quarterly Mar 2005 - Dec 2021
FDI: Construction (THB mn) -761.050 Dec 2021 quarterly Mar 2005 - Dec 2021
FDI: Financial & Insurance Activities (THB mn) -16,928.800 Dec 2021 quarterly Mar 2005 - Dec 2021
FDI: Manufacturing (THB mn) 72,869.560 Dec 2021 quarterly Mar 2005 - Dec 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019
Household Debt: % of GDP (%) 90.1 Dec 2021 quarterly Mar 2003 - Dec 2021
Non-Performing Loans (USD mn) 15,923.672 Dec 2021 quarterly Mar 1998 - Dec 2021
Money Supply M1 (USD mn) 88,581.810 Mar 2022 monthly Dec 1975 - Mar 2022
Money Supply M2 (USD mn) 738,410.643 Mar 2022 monthly Jan 1997 - Mar 2022
M2 Growth (%) 6.3 Mar 2022 monthly Jan 1998 - Mar 2022
Reserve Requirement Ratio (%) 1.0 Apr 2022 monthly Sep 1997 - Apr 2022
Foreign Exchange Reserves (USD mn) 206,993.7 Apr 2022 monthly Jan 1993 - Apr 2022
Foreign Exchange Reserves: Months of Import (NA) 8.0 Mar 2022 monthly Jan 1991 - Mar 2022
Gold Reserves (USD mn) 14,887.130 Apr 2022 monthly Dec 1956 - Apr 2022
Total Deposits (USD mn) 506,145.099 Mar 2022 monthly Dec 2000 - Mar 2022
Total Deposits Growth (%) 6.4 Mar 2022 monthly Dec 2001 - Mar 2022
Domestic Credit (USD mn) 744,569.7 Mar 2022 monthly Jan 2003 - Mar 2022
Domestic Credit Growth (%) 8.7 Mar 2022 monthly Jan 2004 - Mar 2022
Debt Service Ratio: Private Non-Financial Sector (%) 14.500 Sep 2021 quarterly Mar 1999 - Sep 2021
Credit to Households (USD bn) 427.363 Sep 2021 quarterly Dec 1991 - Sep 2021
Credit to Private Non-Financial Sector (USD bn) 846.565 Sep 2021 quarterly Mar 1957 - Sep 2021
Household Debt (USD mn) 437,477.9 Dec 2021 quarterly Mar 2003 - Dec 2021
Total Loans (USD mn) 527,547.925 Mar 2022 monthly Jan 2007 - Mar 2022
Total Loans Growth (%) 5.98 Mar 2022 monthly Jan 2008 - Mar 2022
Private Debt: % of Nominal GDP (%) 168.99 Mar 2022 quarterly Mar 2011 - Mar 2022
Monetary Aggregates (MA): Broad Money (THB mn) 24,559,538.000 Mar 2022 monthly Jan 1997 - Mar 2022
MA: Quasi Money (THB mn) 21,613,307.000 Mar 2022 monthly Jan 1997 - Mar 2022
MA: Narrow Money (NM) (THB mn) 2,946,231.000 Mar 2022 monthly Jan 1997 - Mar 2022
Credit: Outs: CB: Businesses (THB mn) 6,916,515.000 Mar 2022 monthly Jan 2004 - Mar 2022
Credit: Outs: CB: Individuals (THB mn) 6,283,113.000 Mar 2022 monthly Jan 2004 - Mar 2022
Deposit: Outs: CB: Individuals (THB mn) 8,773,131.000 Mar 2022 monthly Oct 2003 - Mar 2022
Deposit: Outs: CB: Businesses (THB mn) 5,124,012.000 Mar 2022 monthly Oct 2003 - Mar 2022
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 4.4 Apr 2022 monthly Feb 2000 - Apr 2022
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018

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