Thailand Real GDP Growth
The Gross Domestic Product (GDP) in Thailand contracted 6.4 % YoY in Sep 2020, following a negative growth of 12.1 % in the previous quarter. Real GDP Growth YoY data in Thailand is updated quarterly, available from Mar 1994 to Sep 2020, with an average rate of 3.8 %. The data reached an all-time high of 15.3 % in Dec 2012 and a record low of -12.2 % in Jun 1998. CEIC calculates Real GDP Growth from quarterly Real GDP. National Economic and Social Development Council provides Real GDP in local currency, at chain linked 2002 prices.
In the latest reports, Nominal GDP of Thailand reached 124.8 USD bn in Sep 2020. Its GDP deflator (implicit price deflator) fell 1.2 % in Sep 2020. GDP Per Capita in Thailand reached 8,168.7 USD in Dec 2019. Its Gross Savings Rate was measured at 24.6 % in Sep 2020.
View Thailand's Real GDP Growth from Mar 1994 to Sep 2020 in the chart:
What was Thailand's Real GDP Growth in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -6.4 Sep 2020 | -12.1 Jun 2020 | -12.2 Jun 1998 | 15.3 Dec 2012 | % | quarterly | Mar 1994 - Sep 2020 |
Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -11.0 Jun 2020 | quarterly | Mar 2010 - Jun 2020 |
| Algeria (%) | -3.9 Mar 2020 | quarterly | Mar 2012 - Mar 2020 |
| Argentina (%) | -19.8 Jun 2020 | quarterly | Mar 2005 - Jun 2020 |
| Armenia (%) | -9.1 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Australia (%) | -6.3 Jun 2020 | quarterly | Sep 1960 - Jun 2020 |
| Austria (%) | -14.5 Jun 2020 | quarterly | Mar 1989 - Jun 2020 |
| Azerbaijan (%) | 0.2 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (%) | -8.9 Jun 2020 | quarterly | Mar 2009 - Jun 2020 |
| Bangladesh (%) | 5.2 2020 | yearly | 2007 - 2020 |
| Belarus (%) | -3.3 Jun 2020 | quarterly | Mar 2006 - Jun 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 0.4 Sep 2020 | quarterly | Sep 2002 - Sep 2020 |
| Consolidated Fiscal Balance (USD mn) | 6,893.097 Sep 2020 | monthly | Oct 2001 - Sep 2020 |
| Tax Revenue (USD mn) | 70,216.951 2018 | yearly | 1984 - 2018 |
| Tax Revenue: % of GDP (%) | 13.9 2018 | yearly | 1990 - 2018 |
| National Government Debt (USD mn) | 226,049.8 Nov 2020 | monthly | Oct 1997 - Nov 2020 |
| Government Debt: % of GDP (%) | 42.3 Sep 2020 | quarterly | Dec 1997 - Sep 2020 |
| Forecast: Government Expenditure (THB bn) | 4,443.278 2025 | yearly | 1995 - 2025 |
| Forecast: Government Net Debt (THB bn) | 11,025.860 2025 | yearly | 1996 - 2025 |
| Forecast: Government Revenue (THB bn) | 4,076.420 2025 | yearly | 1995 - 2025 |
| Govt Revenue: Gross: Revenue Dept: Value Added Tax (THB mn) | 68,616.81 Jun 2018 | monthly | Oct 1989 - Jun 2018 |
| Govt Revenue: Gross: Excise Dept (THB mn) | 47,541.47 Jun 2018 | monthly | Oct 1989 - Jun 2018 |
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