Thailand GDP Deflator Growth

1994 - 2025 | Quarterly | % | CEIC Data

Key information about Thailand GDP Deflator Growth

  • Thailand GDP deflator (implicit price deflator) fell 1.1 % in Sep 2025, compared with a drop of 1.5 % in the previous quarter.
  • Thailand GDP Deflator Growth data is updated quarterly, available from Mar 1994 to Sep 2025, with an average rate of 3.6 %.
  • The data reached an all-time high of 13.3 % in Mar 1998 and a record low of -3.9 % in Mar 1999.

CEIC calculates GDP Deflator Growth from quarterly Nominal and Real GDP. The Office of the National Economic and Social Development Council provides Nominal GDP in local currency and Real GDP in local currency, at chain linked 2002 prices.


Related information about Thailand GDP Deflator Growth

  • In the latest reports, Thailand GDP expanded 1.1 % YoY in Sep 2025.
  • Its Nominal GDP reached 144.8 USD bn in Sep 2025.
  • Thailand GDP Per Capita reached 7,987.0 USD in Dec 2024.
  • Its Gross Savings Rate was measured at 21.2 % in Sep 2025.

View Thailand's GDP Deflator Growth from Mar 1994 to Sep 2025 in the chart:

Thailand GDP Deflator Growth

What was Thailand's GDP Deflator Growth in Sep 2025?

Thailand GDP deflator (implicit price deflator) fell 1.1 % in Sep 2025, compared with a drop of 1.5 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-1.1 Sep 2025 -1.5 Jun 2025 -3.9 Mar 1999 13.3 Mar 1998 % quarterly Mar 1994 - Sep 2025

GDP Deflator Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 2.2 Jun 2025 quarterly Mar 1997 - Jun 2025
Algeria (%) 1.1 Jun 2025 quarterly Mar 2000 - Jun 2025
Argentina (%) 40.8 Jun 2025 quarterly Mar 2005 - Jun 2025
Armenia (%) 4.0 Sep 2025 quarterly Mar 2001 - Sep 2025
Australia (%) 2.2 Jun 2025 quarterly Sep 1960 - Jun 2025
Austria (%) 2.6 Jun 2025 quarterly Mar 1996 - Jun 2025
Azerbaijan (%) 1.3 Jun 2025 quarterly Mar 2002 - Jun 2025
Bahrain (%) -0.3 Jun 2025 quarterly Mar 2011 - Jun 2025
Bangladesh (%) 6.8 2025 yearly 2007 - 2025
Belarus (%) 13.1 Jun 2025 quarterly Mar 2006 - Jun 2025
Belgium (%) 2.2 Sep 2025 quarterly Mar 1996 - Sep 2025
Bolivia (%) 4.9 Dec 2024 quarterly Mar 1991 - Dec 2024
Bosnia and Herzegovina (%) 3.2 Jun 2025 quarterly Mar 2009 - Jun 2025
Botswana (%) 6.9 Jun 2025 quarterly Mar 1995 - Jun 2025
Brazil (%) 6.4 Jun 2025 quarterly Mar 1997 - Jun 2025
Brunei (%) -5.4 Jun 2025 quarterly Mar 2005 - Jun 2025
Bulgaria (%) 5.1 Jun 2025 quarterly Mar 1996 - Jun 2025
Cambodia (%) 2.2 2022 yearly 1994 - 2022
Canada (%) 2.5 Sep 2025 quarterly Mar 1962 - Sep 2025
Chile (%) 7.0 Sep 2025 quarterly Mar 1991 - Sep 2025
China (%) -1.0 Sep 2025 quarterly Mar 1993 - Sep 2025
Colombia (%) 6.0 Sep 2025 quarterly Mar 2001 - Sep 2025
Croatia (%) 5.5 Sep 2025 quarterly Mar 1996 - Sep 2025
Cyprus (%) 0.6 Sep 2025 quarterly Mar 1996 - Sep 2025
Czech Republic (%) 3.3 Sep 2025 quarterly Mar 1997 - Sep 2025
Denmark (%) 0.1 Sep 2025 quarterly Mar 1992 - Sep 2025
Ecuador (%) 0.0 Jun 2025 quarterly Mar 2001 - Jun 2025
Egypt (%) 18.4 Jun 2025 quarterly Sep 2002 - Jun 2025
Estonia (%) 3.1 Sep 2025 quarterly Mar 1996 - Sep 2025
European Union (%) 2.7 Jun 2025 quarterly Mar 1996 - Jun 2025
Finland (%) 2.5 Sep 2025 quarterly Mar 1976 - Sep 2025
France (%) 0.9 Sep 2025 quarterly Mar 1950 - Sep 2025
Georgia (%) 4.2 Jun 2025 quarterly Mar 1998 - Jun 2025
Germany (%) 3.1 Sep 2025 quarterly Mar 1992 - Sep 2025
Ghana (%) 9.8 Sep 2025 quarterly Mar 2007 - Sep 2025
Greece (%) 3.4 Jun 2025 quarterly Mar 1996 - Jun 2025
Hong Kong SAR, China (%) 1.0 Sep 2025 quarterly Mar 1974 - Sep 2025
Hungary (%) 5.8 Jun 2025 quarterly Mar 1996 - Jun 2025
Iceland (%) 7.1 Sep 2025 quarterly Mar 1996 - Sep 2025
India (%) 0.5 Sep 2025 quarterly Jun 2005 - Sep 2025
Indonesia (%) 2.3 Sep 2025 quarterly Mar 1994 - Sep 2025
Iran (%) 39.2 Jun 2025 quarterly Jun 1989 - Jun 2025
Ireland (%) 0.5 Jun 2025 quarterly Mar 1996 - Jun 2025
Israel (%) 1.3 Sep 2025 quarterly Mar 1996 - Sep 2025
Italy (%) 2.7 Sep 2025 quarterly Mar 1997 - Sep 2025
Ivory Coast (%) 3.1 2024 yearly 1966 - 2024
Japan (%) 2.8 Sep 2025 quarterly Mar 1981 - Sep 2025
Jordan (%) 2.1 Jun 2025 quarterly Mar 1993 - Jun 2025
Kazakhstan (%) 10.3 Sep 2025 quarterly Mar 2004 - Sep 2025
Kenya (%) 6.0 Jun 2025 quarterly Mar 2010 - Jun 2025
South Korea (%) 2.8 Jun 2025 quarterly Mar 1961 - Jun 2025
Kosovo (%) 2.4 Jun 2025 quarterly Mar 2011 - Jun 2025
Kuwait (%) -9.3 Jun 2025 quarterly Mar 2011 - Jun 2025
Kyrgyzstan (%) 12.8 Sep 2025 quarterly Mar 2001 - Sep 2025
Laos (%) 17.4 2024 yearly 2003 - 2024
Latvia (%) 5.9 Sep 2025 quarterly Mar 1996 - Sep 2025
Lebanon (%) 321.8 2023 yearly 2012 - 2023
Lithuania (%) 4.0 Sep 2025 quarterly Mar 1996 - Sep 2025
Luxembourg (%) 2.6 Jun 2025 quarterly Mar 1996 - Jun 2025
Macau SAR, China (%) -1.5 Sep 2025 quarterly Mar 1999 - Sep 2025
North Macedonia (%) 4.2 Jun 2025 quarterly Mar 2001 - Jun 2025
Malawi (%) 29.0 2023 yearly 2003 - 2023
Malaysia (%) 0.1 Sep 2025 quarterly Mar 1992 - Sep 2025
Malta (%) 2.6 Sep 2025 quarterly Mar 2001 - Sep 2025
Mauritius (%) 3.2 Mar 2025 quarterly Mar 2001 - Mar 2025
Mexico (%) 4.2 Sep 2025 quarterly Mar 1981 - Sep 2025
Moldova (%) 6.3 Jun 2025 quarterly Mar 2011 - Jun 2025
Mongolia (%) 1.2 Sep 2025 quarterly Mar 2001 - Sep 2025
Montenegro (%) 5.0 Jun 2025 quarterly Mar 2007 - Jun 2025
Morocco (%) 2.1 Jun 2025 quarterly Mar 2008 - Jun 2025
Mozambique (%) 6.5 2024 yearly 1992 - 2024
Myanmar (%) 7.3 2023 yearly 2011 - 2023
Nepal (%) 2.4 2025 yearly 2002 - 2025
Netherlands (%) 3.6 Sep 2025 quarterly Mar 1997 - Sep 2025
New Zealand (%) 4.3 Jun 2025 quarterly Jun 1988 - Jun 2025
Nigeria (%) -55.7 Mar 2025 quarterly Mar 2011 - Mar 2025
Norway (%) -0.0 Sep 2025 quarterly Mar 1979 - Sep 2025
Oman (%) -0.7 2024 yearly 1999 - 2024
Pakistan (%) 4.3 2025 yearly 2001 - 2025
Palestinian Territory (%) -13.3 Jun 2025 quarterly Mar 2001 - Jun 2025
Panama (%) -0.2 Jun 2025 quarterly Mar 2008 - Jun 2025
Paraguay (%) 3.0 Jun 2025 quarterly Mar 1995 - Jun 2025
Peru (%) 3.9 Sep 2025 quarterly Mar 1991 - Sep 2025
Philippines (%) 0.8 Sep 2025 quarterly Mar 1982 - Sep 2025
Poland (%) 2.7 Sep 2025 quarterly Mar 1996 - Sep 2025
Portugal (%) 4.2 Sep 2025 quarterly Mar 1996 - Sep 2025
Qatar (%) -2.1 Jun 2025 quarterly Mar 2012 - Jun 2025
Romania (%) 4.5 Jun 2025 quarterly Mar 1996 - Jun 2025
Russia (%) 3.6 Jun 2025 quarterly Mar 1996 - Jun 2025
Saudi Arabia (%) -4.2 Jun 2025 quarterly Mar 2011 - Jun 2025
Serbia (%) 4.6 Sep 2025 quarterly Mar 1996 - Sep 2025
Singapore (%) -0.7 Sep 2025 quarterly Mar 1976 - Sep 2025
Slovakia (%) 3.7 Jun 2025 quarterly Mar 1996 - Jun 2025
Slovenia (%) 3.6 Sep 2025 quarterly Mar 1996 - Sep 2025
South Africa (%) 1.7 Jun 2025 quarterly Mar 1961 - Jun 2025
Spain (%) 2.8 Sep 2025 quarterly Mar 1996 - Sep 2025
Sri Lanka (%) 6.8 Sep 2025 quarterly Mar 2011 - Sep 2025
Sudan (%) 146.2 2021 yearly 1983 - 2021
Sweden (%) 1.1 Sep 2025 quarterly Mar 1982 - Sep 2025
Switzerland (%) 0.1 Sep 2025 quarterly Mar 1981 - Sep 2025

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Thailand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Sep 2025 quarterly Sep 2002 - Sep 2025
Consolidated Fiscal Balance (USD mn) -14,818.018 Oct 2025 monthly Oct 2001 - Oct 2025
Tax Revenue (USD mn) 68,755.587 2024 yearly 1984 - 2024
Tax Revenue: % of GDP (%) 13.2 2024 yearly 1990 - 2024
National Government Debt (USD mn) 340,585.0 Oct 2025 monthly Oct 1997 - Oct 2025
Government Debt: % of GDP (%) 58.3 Sep 2025 quarterly Dec 1997 - Sep 2025
Forecast: Government Expenditure (THB bn) 5,245.892 2030 yearly 1995 - 2030
Forecast: Government Net Debt (THB bn) 15,433.076 2030 yearly 1996 - 2030
Forecast: Government Revenue (THB bn) 4,709.205 2030 yearly 1995 - 2030
Total Public Debt as % of GDP (%) 65.240 Oct 2025 monthly Jan 2005 - Oct 2025
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
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.640 2028 yearly 1980 - 2028
Trade Balance (USD mn) -3,436.9 Oct 2025 monthly Jan 1957 - Oct 2025
Total Exports (USD mn) 28,835.6 Oct 2025 monthly Oct 1990 - Oct 2025
Total Exports Growth (%) 1.3 Oct 2025 monthly Oct 1991 - Oct 2025
Aluminum: Exports (USD th) 1,786,225.975 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 538,858.502 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 138,487.036 2024 yearly 1995 - 2024
Total Imports (USD mn) 32,272.5 Oct 2025 monthly Jan 1991 - Oct 2025
Total Imports Growth (%) 11.4 Oct 2025 monthly Jan 1992 - Oct 2025
Imports: Medicament (USD th) 2,168,687.079 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 1,222,461.547 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 6,665.451 Oct 2025 monthly Jan 1971 - Oct 2025
Total Imports from USA (USD mn) 1,775.644 Oct 2025 monthly Jan 1971 - Oct 2025
Total Exports to China (USD mn) 3,113.666 Oct 2025 monthly Sep 1978 - Oct 2025
Total Imports from China (USD mn) 9,797.102 Oct 2025 monthly Apr 1974 - Oct 2025
MoC: Exports: Custom Basis (THB mn) 910,316.430 Oct 2025 monthly Oct 1990 - Oct 2025
MoC: Trade Balance: Custom Basis (THB mn) -121,718.004 Oct 2025 monthly Jan 1991 - Oct 2025
MoC: Imports: Custom Basis (THB mn) 1,032,034.434 Oct 2025 monthly Jan 1991 - Oct 2025
Imports Volume: Liquefied Natural Gas (Cub ft mn) 32,912.032 Oct 2025 monthly Jan 2010 - Oct 2025
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4,453.6 Jun 2025 quarterly Mar 2005 - Jun 2025
Current Account Balance (USD mn) -1,784.8 Oct 2025 monthly Jan 1985 - Oct 2025
Current Account Balance: % of GDP (%) 1.9 Sep 2025 quarterly Mar 1993 - Sep 2025
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) 4.9 Jun 2025 quarterly Mar 1993 - Jun 2025
Foreign Portfolio Investment (USD mn) -2,528.950 Jun 2025 quarterly Mar 2005 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) -1.8 Jun 2025 quarterly Mar 2005 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 552.9 Jun 2025 quarterly Mar 1976 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -3,081.890 Jun 2025 quarterly Mar 1976 - Jun 2025
External Debt (USD mn) 201,188.5 Jun 2025 quarterly Mar 1999 - Jun 2025
External Debt: % of GDP (%) 35.5 Jun 2025 quarterly Mar 2005 - Jun 2025
External Debt: Short Term (USD mn) 84,636.8 Jun 2025 quarterly Mar 1999 - Jun 2025
External Debt: Short Term: % of GDP (%) 16.4 2024 yearly 1980 - 2024
Forecast: Current Account Balance (USD bn) 11.357 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 109,479.150 Jun 2025 quarterly Mar 2012 - Jun 2025
BOP: USD: Current Account Balance (USD mn) -1,784.760 Oct 2025 monthly Jan 2005 - Oct 2025
Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) 139.20 Jun 2018 monthly Jan 2010 - Jun 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019
Household Debt: % of GDP (%) 86.8 Jun 2025 quarterly Mar 2003 - Jun 2025
Non-Performing Loans (USD mn) 15,892.732 Sep 2025 quarterly Mar 1998 - Sep 2025
Money Supply M1 (USD mn) 104,141.571 Oct 2025 monthly Dec 1975 - Oct 2025
Money Supply M2 (USD mn) 834,540.860 Oct 2025 monthly Jan 1997 - Oct 2025
M2 Growth (%) 3.0 Oct 2025 monthly Jan 1998 - Oct 2025
Reserve Requirement Ratio (%) 1.0 Nov 2025 monthly Sep 1997 - Nov 2025
Foreign Exchange Reserves (USD mn) 235,961.5 Nov 2025 monthly Jan 1993 - Nov 2025
Foreign Exchange Reserves: Months of Import (NA) 7.3 Oct 2025 monthly Jan 1991 - Oct 2025
Gold Reserves (USD mn) 31,908.980 Nov 2025 monthly Dec 1956 - Nov 2025
Total Deposits (USD mn) 549,779.214 Oct 2025 monthly Dec 2000 - Oct 2025
Total Deposits Growth (%) 0.8 Oct 2025 monthly Dec 2001 - Oct 2025
Domestic Credit (USD mn) 849,242.6 Oct 2025 monthly Jan 2003 - Oct 2025
Domestic Credit Growth (%) 2.3 Oct 2025 monthly Jan 2004 - Oct 2025
Debt Service Ratio: Private Non-Financial Sector (%) 14.500 Jun 2025 quarterly Mar 1999 - Jun 2025
Credit to Households (USD bn) 506.230 Jun 2025 quarterly Dec 1991 - Jun 2025
Credit to Private Non-Financial Sector (USD bn) 946.456 Jun 2025 quarterly Mar 1957 - Jun 2025
Household Debt (USD mn) 502,273.1 Jun 2025 quarterly Mar 2003 - Jun 2025
Total Loans (USD mn) 549,836.344 Oct 2025 monthly Jan 2003 - Oct 2025
Total Loans Growth (%) -1.99 Oct 2025 monthly Jan 2004 - Oct 2025
Private Debt: % of Nominal GDP (%) 162.66 Sep 2025 quarterly Mar 2011 - Sep 2025
Private Credits (THB mn) 30,554,405.000 Oct 2025 monthly Jan 2011 - Oct 2025
Credit: Outs: CB: Individuals (THB mn) 6,075,688.000 Oct 2025 monthly Jan 2004 - Oct 2025
Credit: Outs: CB: Businesses (THB mn) 6,437,995.000 Oct 2025 monthly Jan 2004 - Oct 2025
Deposit: Outs: CB: Individuals (THB mn) 8,842,727.000 Oct 2025 monthly Oct 2003 - Oct 2025
Deposit: Outs: CB: Businesses (THB mn) 5,757,593.000 Oct 2025 monthly Oct 2003 - Oct 2025
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 1.4 Nov 2025 monthly Feb 2000 - Nov 2025
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018
Trade and Services Sentiment Index (TSSI): MSME: Present (NA) 53.100 Jan 2025 monthly Jan 2013 - Jan 2025

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