Thailand Real GDP Growth

1994 - 2022 | Quarterly | % | CEIC Data

Key information about Thailand Real GDP Growth

  • The Gross Domestic Product (GDP) in Thailand expanded 4.6 % YoY in Sep 2022, following a growth of 2.6 % in the previous quarter.
  • Real GDP Growth YoY data in Thailand is updated quarterly, available from Mar 1994 to Sep 2022, 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. The Office of the National Economic and Social Development Council provides Real GDP in local currency, at chain linked 2002 prices.


Related information about Thailand Real GDP Growth

  • In the latest reports, Nominal GDP of Thailand reached 122.5 USD bn in Sep 2022.
  • Its GDP deflator (implicit price deflator) increased 6.0 % in Sep 2022.
  • GDP Per Capita in Thailand reached 7,638.9 USD in Dec 2021.
  • Its Gross Savings Rate was measured at 25.2 % in Sep 2022.
  • For Nominal GDP contributions, Investment accounted for 27.9 % in Sep 2022.
  • Public Consumption accounted for 19.2 % in Sep 2022.
  • Private Consumption accounted for 55.7 % in Sep 2022.

View Thailand's Real GDP Growth from Mar 1994 to Sep 2022 in the chart:

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Thailand Real GDP Growth
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Thailand Real GDP Growth

What was Thailand's Real GDP Growth in Sep 2022?

The Gross Domestic Product (GDP) in Thailand expanded 4.6 % YoY in Sep 2022, following a growth of 2.6 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.6 Sep 2022 2.6 Jun 2022 -12.2 Jun 1998 15.3 Dec 2012 % quarterly Mar 1994 - Sep 2022

Real GDP Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 4.0 Sep 2022 quarterly Mar 2010 - Sep 2022
Algeria (%) 1.6 Mar 2022 quarterly Mar 2012 - Mar 2022
Argentina (%) 5.8 Sep 2022 quarterly Mar 2005 - Sep 2022
Armenia (%) 14.8 Sep 2022 quarterly Mar 2001 - Sep 2022
Australia (%) 5.9 Sep 2022 quarterly Sep 1960 - Sep 2022
Austria (%) 2.0 Sep 2022 quarterly Mar 1989 - Sep 2022
Azerbaijan (%) 4.8 Sep 2022 quarterly Mar 2001 - Sep 2022
Bahrain (%) 4.2 Sep 2022 quarterly Mar 2009 - Sep 2022
Bangladesh (%) 7.2 2022 yearly 2007 - 2022
Belarus (%) -7.8 Jun 2022 quarterly Mar 2006 - Jun 2022
Belgium (%) 1.9 Sep 2022 quarterly Mar 1996 - Sep 2022
Bolivia (%) 4.3 Jun 2022 quarterly Mar 1991 - Jun 2022
Bosnia and Herzegovina (%) 2.6 Sep 2022 quarterly Mar 2009 - Sep 2022
Botswana (%) 6.3 Sep 2022 quarterly Mar 1995 - Sep 2022
Brazil (%) 3.6 Sep 2022 quarterly Mar 1997 - Sep 2022
Brunei (%) 0.9 Sep 2022 quarterly Mar 2005 - Sep 2022
Bulgaria (%) 3.3 Sep 2022 quarterly Mar 1996 - Sep 2022
Cambodia (%) 3.0 2021 yearly 1994 - 2021
Canada (%) 3.9 Sep 2022 quarterly Mar 1962 - Sep 2022
Chile (%) -0.1 Sep 2022 quarterly Mar 1987 - Sep 2022
China (%) 2.9 Dec 2022 quarterly Mar 1992 - Dec 2022
Colombia (%) 7.1 Sep 2022 quarterly Mar 2001 - Sep 2022
Croatia (%) 5.2 Sep 2022 quarterly Mar 1996 - Sep 2022
Cyprus (%) 5.4 Sep 2022 quarterly Mar 1996 - Sep 2022
Czech Republic (%) 1.5 Sep 2022 quarterly Mar 1996 - Sep 2022
Denmark (%) 3.2 Sep 2022 quarterly Mar 1992 - Sep 2022
Ecuador (%) 3.2 Sep 2022 quarterly Mar 1994 - Sep 2022
Egypt (%) 4.4 Sep 2022 quarterly Sep 2002 - Sep 2022
Estonia (%) -2.3 Sep 2022 quarterly Mar 1996 - Sep 2022
European Union (%) 2.5 Sep 2022 quarterly Mar 1996 - Sep 2022
Finland (%) 1.3 Sep 2022 quarterly Mar 1976 - Sep 2022
France (%) 1.0 Sep 2022 quarterly Mar 1950 - Sep 2022
Georgia (%) 9.8 Sep 2022 quarterly Mar 1998 - Sep 2022
Germany (%) 1.3 Sep 2022 quarterly Mar 1992 - Sep 2022
Ghana (%) 0.7 Sep 2022 quarterly Jun 2006 - Sep 2022
Greece (%) 2.8 Sep 2022 quarterly Mar 1996 - Sep 2022
Hong Kong SAR, China (%) -4.5 Sep 2022 quarterly Mar 1991 - Sep 2022
Hungary (%) 4.1 Sep 2022 quarterly Mar 1996 - Sep 2022
Iceland (%) 5.4 Sep 2022 quarterly Mar 1996 - Sep 2022
India (%) 6.3 Sep 2022 quarterly Jun 2005 - Sep 2022
Indonesia (%) 5.7 Sep 2022 quarterly Mar 1994 - Sep 2022
Iran (%) 5.0 Mar 2022 quarterly Jun 1989 - Mar 2022
Ireland (%) 10.6 Sep 2022 quarterly Mar 1996 - Sep 2022
Israel (%) 5.7 Sep 2022 quarterly Mar 1996 - Sep 2022
Italy (%) 2.6 Sep 2022 quarterly Mar 1982 - Sep 2022
Ivory Coast (%) 7.4 2021 yearly 1966 - 2021
Japan (%) 1.7 Sep 2022 quarterly Mar 1956 - Sep 2022
Jordan (%) 2.6 Sep 2022 quarterly Mar 1993 - Sep 2022
Kazakhstan (%) 3.3 Mar 2022 quarterly Mar 2006 - Mar 2022
Kenya (%) 5.2 Sep 2022 quarterly Mar 2010 - Sep 2022
South Korea (%) 1.3 Dec 2022 quarterly Mar 1961 - Dec 2022
Kosovo (%) 2.1 Sep 2022 quarterly Mar 2011 - Sep 2022
Kuwait (%) 4.7 Dec 2020 quarterly Jun 2010 - Dec 2020
Kyrgyzstan (%) 7.2 Sep 2022 quarterly Mar 2007 - Sep 2022
Laos (%) 3.5 2021 yearly 2003 - 2021
Latvia (%) -0.4 Sep 2022 quarterly Mar 1996 - Sep 2022
Lebanon (%) -25.9 2020 yearly 2005 - 2020
Lithuania (%) 2.5 Sep 2022 quarterly Jun 1995 - Sep 2022
Luxembourg (%) 3.0 Sep 2022 quarterly Mar 1996 - Sep 2022
Macau SAR, China (%) -33.4 Sep 2022 quarterly Mar 2002 - Sep 2022
North Macedonia (%) 2.0 Sep 2022 quarterly Mar 2001 - Sep 2022
Malawi (%) 4.0 2018 yearly 2003 - 2018
Malaysia (%) 14.2 Sep 2022 quarterly Mar 2001 - Sep 2022
Malta (%) 5.2 Sep 2022 quarterly Mar 2001 - Sep 2022
Mauritius (%) 7.4 Sep 2022 quarterly Mar 2001 - Sep 2022
Mexico (%) 4.3 Sep 2022 quarterly Mar 1981 - Sep 2022
Moldova (%) -10.3 Sep 2022 quarterly Mar 1996 - Sep 2022
Mongolia (%) 7.1 Sep 2022 quarterly Mar 2011 - Sep 2022
Montenegro (%) 3.2 Sep 2022 quarterly Mar 2011 - Sep 2022
Morocco (%) 1.6 Sep 2022 quarterly Mar 2008 - Sep 2022
Mozambique (%) 2.0 Dec 2018 quarterly Jun 2007 - Dec 2018
Myanmar (%) -2.9 2021 yearly 2011 - 2021
Nepal (%) -6.5 Jun 2021 quarterly Dec 2004 - Jun 2021
Netherlands (%) 3.1 Sep 2022 quarterly Mar 1997 - Sep 2022
New Zealand (%) 6.5 Sep 2022 quarterly Jun 1983 - Sep 2022
Nigeria (%) 2.2 Sep 2022 quarterly Mar 2011 - Sep 2022
Norway (%) 2.5 Sep 2022 quarterly Mar 1979 - Sep 2022
Oman (%) 3.1 2021 yearly 1999 - 2021
Pakistan (%) 6.2 2022 yearly 2001 - 2022
Palestinian Territory (%) 1.3 Sep 2022 quarterly Jun 2011 - Sep 2022
Panama (%) 9.5 Sep 2022 quarterly Mar 2008 - Sep 2022
Paraguay (%) 2.8 Sep 2022 quarterly Mar 1995 - Sep 2022
Peru (%) 1.7 Sep 2022 quarterly Mar 1981 - Sep 2022
Philippines (%) 7.1 Dec 2022 quarterly Mar 1999 - Dec 2022
Poland (%) 4.5 Sep 2022 quarterly Mar 1996 - Sep 2022
Portugal (%) 1.8 Jun 2019 quarterly Mar 1996 - Jun 2019
Qatar (%) 6.3 Jun 2022 quarterly Mar 2012 - Jun 2022
Romania (%) 4.6 Sep 2022 quarterly Mar 1996 - Sep 2022
Russia (%) -3.4 Sep 2022 quarterly Mar 1996 - Sep 2022
Saudi Arabia (%) 8.8 Sep 2022 quarterly Mar 2011 - Sep 2022
Serbia (%) 4.5 Sep 2019 quarterly Mar 1997 - Sep 2019
Singapore (%) 2.2 Dec 2022 quarterly Mar 1976 - Dec 2022
Slovakia (%) 1.4 Sep 2022 quarterly Mar 1994 - Sep 2022
Slovenia (%) 3.9 Sep 2022 quarterly Mar 1996 - Sep 2022
South Africa (%) 4.0 Sep 2022 quarterly Mar 1961 - Sep 2022
Spain (%) 4.4 Sep 2022 quarterly Mar 1996 - Sep 2022
Sri Lanka (%) -11.8 Sep 2022 quarterly Mar 2011 - Sep 2022
Sudan (%) -1.6 2020 yearly 1983 - 2020
Sweden (%) 2.6 Sep 2022 quarterly Mar 1982 - Sep 2022
Switzerland (%) 0.7 Sep 2022 quarterly Mar 1966 - Sep 2022

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Thailand Key Series

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Includes 298 key indicators for Thailand, curated by CEIC analysts. Instant access to full history data in excel.
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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.5 Sep 2022 quarterly Sep 2002 - Sep 2022
Consolidated Fiscal Balance (USD mn) 2,180.763 Dec 2022 monthly Oct 2001 - Dec 2022
Tax Revenue (USD mn) 68,602.250 2021 yearly 1984 - 2021
Tax Revenue: % of GDP (%) 13.3 2021 yearly 1990 - 2021
National Government Debt (USD mn) 261,936.8 Nov 2022 monthly Oct 1997 - Nov 2022
Government Debt: % of GDP (%) 53.4 Sep 2022 quarterly Dec 1997 - Sep 2022
Forecast: Government Expenditure (THB bn) 5,260.891 2027 yearly 1995 - 2027
Forecast: Government Net Debt (THB bn) 12,987.820 2027 yearly 1996 - 2027
Forecast: Government Revenue (THB bn) 4,502.881 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
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.512 2027 yearly 1980 - 2027
Trade Balance (USD mn) -1,033.9 Dec 2022 monthly Jan 1957 - Dec 2022
Total Exports (USD mn) 21,718.8 Dec 2022 monthly Oct 1990 - Dec 2022
Total Exports Growth (%) -6.1 Dec 2022 monthly Oct 1991 - Dec 2022
Aluminum: Exports (USD th) 1,101,803.268 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 425,567.013 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 207,031.387 2021 yearly 1995 - 2021
Total Imports (USD mn) 22,752.7 Dec 2022 monthly Jan 1991 - Dec 2022
Total Imports Growth (%) -3.3 Dec 2022 monthly Jan 1992 - Dec 2022
Imports: Medicament (USD th) 1,717,678.030 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 1,086,777.011 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 3,957.446 Dec 2022 monthly Jan 1971 - Dec 2022
Total Imports from USA (USD mn) 1,372.753 Nov 2022 monthly Jan 1971 - Nov 2022
Total Exports to China (USD mn) 2,558.733 Dec 2022 monthly Sep 1978 - Dec 2022
Total Imports from China (USD mn) 5,551.810 Dec 2022 monthly Apr 1974 - Dec 2022
MoC: Exports: Custom Basis (THB mn) 776,323.572 Dec 2022 monthly Oct 1990 - Dec 2022
MoC: Imports: Custom Basis (THB mn) 823,081.461 Dec 2022 monthly Jan 1991 - Dec 2022
MoC: Trade Balance: Custom Basis (THB mn) -46,757.889 Dec 2022 monthly Jan 1991 - Dec 2022
Exports: Mfg: Electronics: Computer Parts (THB mn) 58,184.910 Dec 2021 monthly Jan 1995 - Dec 2021
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: 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
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,223.7 Sep 2022 quarterly Mar 2005 - Sep 2022
Current Account Balance (USD mn) -445.2 Nov 2022 monthly Jan 1985 - Nov 2022
Current Account Balance: % of GDP (%) -6.4 Sep 2022 quarterly Mar 1993 - Sep 2022
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) 1.6 Sep 2022 quarterly Mar 1993 - Sep 2022
Foreign Portfolio Investment (USD mn) -438.010 Sep 2022 quarterly Mar 2005 - Sep 2022
Foreign Portfolio Investment: % of GDP (%) -0.4 Sep 2022 quarterly Mar 2005 - Sep 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 779.6 Sep 2022 quarterly Mar 1976 - Sep 2022
Foreign Portfolio Investment: Debt Securities (USD mn) -1,217.630 Sep 2022 quarterly Mar 1976 - Sep 2022
External Debt (USD mn) 187,878.0 Sep 2022 quarterly Mar 1999 - Sep 2022
External Debt: % of GDP (%) 37.0 Sep 2022 quarterly Mar 2005 - Sep 2022
External Debt: Short Term (USD mn) 76,389.7 Sep 2022 quarterly Mar 1999 - Sep 2022
External Debt: Short Term: % of GDP (%) 14.8 2021 yearly 1980 - 2021
Forecast: Current Account Balance (USD bn) 24.316 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 19,013.290 Sep 2022 quarterly Mar 2012 - Sep 2022
BOP: USD: Current Account Balance (USD mn) -445.220 Nov 2022 monthly Jan 2005 - Nov 2022
Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) 139.20 Jun 2018 monthly Jan 2010 - Jun 2018
FDI: Financial & Insurance Activities (THB mn) 26,392.170 Sep 2022 quarterly Mar 2005 - Sep 2022
FDI: Manufacturing (THB mn) 30,604.360 Sep 2022 quarterly Mar 2005 - Sep 2022
Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) 40.270 Sep 2022 quarterly Mar 2005 - Sep 2022
FDI: Construction (THB mn) 830.090 Sep 2022 quarterly Mar 2005 - Sep 2022
FDI: Mining & Quarrying (THB mn) -323.750 Sep 2022 quarterly Mar 2005 - Sep 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019
Household Debt: % of GDP (%) 86.8 Sep 2022 quarterly Mar 2003 - Sep 2022
Non-Performing Loans (USD mn) 13,323.244 Sep 2022 quarterly Mar 1998 - Sep 2022
Money Supply M1 (USD mn) 84,158.395 Nov 2022 monthly Dec 1975 - Nov 2022
Money Supply M2 (USD mn) 707,912.195 Nov 2022 monthly Jan 1997 - Nov 2022
M2 Growth (%) 4.8 Nov 2022 monthly Jan 1998 - Nov 2022
Reserve Requirement Ratio (%) 1.0 Dec 2022 monthly Sep 1997 - Dec 2022
Foreign Exchange Reserves (USD mn) 195,582.2 Dec 2022 monthly Jan 1993 - Dec 2022
Foreign Exchange Reserves: Months of Import (NA) 8.6 Dec 2022 monthly Jan 1991 - Dec 2022
Gold Reserves (USD mn) 14,322.870 Dec 2022 monthly Dec 1956 - Dec 2022
Total Deposits (USD mn) 486,753.630 Nov 2022 monthly Dec 2000 - Nov 2022
Total Deposits Growth (%) 4.8 Nov 2022 monthly Dec 2001 - Nov 2022
Domestic Credit (USD mn) 719,479.1 Nov 2022 monthly Jan 2003 - Nov 2022
Domestic Credit Growth (%) 5.9 Nov 2022 monthly Jan 2004 - Nov 2022
Debt Service Ratio: Private Non-Financial Sector (%) 14.300 Jun 2022 quarterly Mar 1999 - Jun 2022
Credit to Households (USD bn) 420.717 Jun 2022 quarterly Dec 1991 - Jun 2022
Credit to Private Non-Financial Sector (USD bn) 840.077 Jun 2022 quarterly Mar 1957 - Jun 2022
Household Debt (USD mn) 394,996.4 Sep 2022 quarterly Mar 2003 - Sep 2022
Total Loans (USD mn) 496,629.297 Nov 2022 monthly Jan 2007 - Nov 2022
Total Loans Growth (%) 2.98 Nov 2022 monthly Jan 2008 - Nov 2022
Private Debt: % of Nominal GDP (%) 164.71 Sep 2022 quarterly Mar 2011 - Sep 2022
MA: Narrow Money (NM) (THB mn) 2,967,425.000 Nov 2022 monthly Jan 1997 - Nov 2022
Monetary Aggregates (MA): Broad Money (THB mn) 24,960,984.000 Nov 2022 monthly Jan 1997 - Nov 2022
MA: Quasi Money (THB mn) 21,993,559.000 Nov 2022 monthly Jan 1997 - Nov 2022
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -1.2 Dec 2022 monthly Feb 2000 - Dec 2022
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018

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