Thailand Real GDP Growth
1994 - 2025 | Quarterly | % | CEIC Data
Key information about Thailand Real GDP Growth
- The Gross Domestic Product (GDP) in Thailand expanded 1.1 % YoY in Sep 2025, following a growth of 2.8 % in the previous quarter.
- Real GDP Growth YoY data in Thailand is updated quarterly, available from Mar 1994 to Sep 2025, with an average rate of 5.4 %.
- The data reached an all-time high of 15.3 % in Dec 2012 and a record low of -12.2 % in Jun 1998.
Related information about Thailand Real GDP Growth
- In the latest reports, Nominal GDP of Thailand reached 144.8 USD bn in Sep 2025.
- Its GDP deflator (implicit price deflator) fell 1.1 % in Sep 2025.
- GDP Per Capita in Thailand reached 7,987.0 USD in Dec 2024.
- Its Gross Savings Rate was measured at 21.2 % in Sep 2025.
- For Nominal GDP contributions, Investment accounted for 20.2 % in Sep 2025.
- Public Consumption accounted for 18.0 % in Sep 2025.
- Private Consumption accounted for 60.8 % in Sep 2025.
View Thailand's Real GDP Growth from Mar 1994 to Sep 2025 in the chart:
What was Thailand's Real GDP Growth in Sep 2025?
The Gross Domestic Product (GDP) in Thailand expanded 1.1 % YoY in Sep 2025, following a growth of 2.8 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1.1 Sep 2025 | 2.8 Jun 2025 | -12.2 Jun 1998 | 15.3 Dec 2012 | % | quarterly | Mar 1994 - Sep 2025 |
Real GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 3.7 Jun 2025 | quarterly | Mar 1997 - Jun 2025 |
| Algeria (%) | 3.9 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Argentina (%) | 6.7 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Armenia (%) | 6.2 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Australia (%) | 1.8 Jun 2025 | quarterly | Sep 1960 - Jun 2025 |
| Austria (%) | 0.6 Sep 2025 | quarterly | Mar 1989 - Sep 2025 |
| Azerbaijan (%) | 1.8 Dec 2025 | quarterly | Mar 2001 - Dec 2025 |
| Bahrain (%) | 4.0 Sep 2025 | quarterly | Mar 2009 - Sep 2025 |
| Bangladesh (%) | 4.0 2025 | yearly | 2007 - 2025 |
| Belarus (%) | 1.0 Jun 2025 | quarterly | Mar 2006 - Jun 2025 |
| Belgium (%) | 1.0 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Bolivia (%) | -2.6 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Bosnia and Herzegovina (%) | 1.8 Jun 2025 | quarterly | Mar 2009 - Jun 2025 |
| Botswana (%) | -5.3 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Brazil (%) | 2.6 Jun 2025 | quarterly | Mar 1997 - Jun 2025 |
| Brunei (%) | -0.3 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Bulgaria (%) | 3.2 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Cambodia (%) | 5.1 2022 | yearly | 1994 - 2022 |
| Canada (%) | 1.4 Sep 2025 | quarterly | Mar 1962 - Sep 2025 |
| Chile (%) | 1.9 Sep 2025 | quarterly | Mar 1987 - Sep 2025 |
| China (%) | 4.8 Sep 2025 | quarterly | Mar 1992 - Sep 2025 |
| Colombia (%) | 3.4 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Croatia (%) | 2.3 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Cyprus (%) | 3.6 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Czech Republic (%) | 2.8 Sep 2025 | quarterly | Mar 1997 - Sep 2025 |
| Denmark (%) | 3.9 Sep 2025 | quarterly | Mar 1992 - Sep 2025 |
| Ecuador (%) | 4.1 Jun 2025 | quarterly | Mar 1994 - Jun 2025 |
| Egypt (%) | 5.3 Sep 2025 | quarterly | Sep 2002 - Sep 2025 |
| Estonia (%) | 0.9 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| European Union (%) | 1.6 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Finland (%) | -0.7 Sep 2025 | quarterly | Mar 1976 - Sep 2025 |
| France (%) | 0.9 Sep 2025 | quarterly | Mar 1950 - Sep 2025 |
| Georgia (%) | 7.4 Jun 2025 | quarterly | Mar 1998 - Jun 2025 |
| Germany (%) | 0.3 Sep 2025 | quarterly | Mar 1992 - Sep 2025 |
| Ghana (%) | 1.5 Dec 2025 | quarterly | Jun 2006 - Dec 2025 |
| Greece (%) | 1.7 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Hong Kong SAR, China (%) | 3.9 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Hungary (%) | 0.6 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Iceland (%) | 0.2 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| India (%) | 8.2 Sep 2025 | quarterly | Jun 2005 - Sep 2025 |
| Indonesia (%) | 5.0 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Iran (%) | -0.4 Jun 2025 | quarterly | Jun 1989 - Jun 2025 |
| Ireland (%) | 12.3 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Israel (%) | 3.5 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Italy (%) | 0.4 Sep 2025 | quarterly | Mar 1982 - Sep 2025 |
| Ivory Coast (%) | 6.0 2024 | yearly | 1966 - 2024 |
| Japan (%) | 1.1 Sep 2025 | quarterly | Mar 1956 - Sep 2025 |
| Jordan (%) | 2.8 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Kazakhstan (%) | 7.5 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Kenya (%) | 5.1 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| South Korea (%) | 1.7 Sep 2025 | quarterly | Mar 1961 - Sep 2025 |
| Kosovo (%) | 3.9 Dec 2025 | quarterly | Mar 2011 - Dec 2025 |
| Kuwait (%) | 5.1 Dec 2025 | quarterly | Jun 2010 - Dec 2025 |
| Kyrgyzstan (%) | 10.0 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| Laos (%) | 4.3 2024 | yearly | 2003 - 2024 |
| Latvia (%) | 1.8 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Lebanon (%) | -5.2 2024 | yearly | 2012 - 2024 |
| Lithuania (%) | 2.1 Sep 2025 | quarterly | Jun 1995 - Sep 2025 |
| Luxembourg (%) | -0.2 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Macau SAR, China (%) | 8.0 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| North Macedonia (%) | 3.4 Jun 2025 | quarterly | Mar 2001 - Jun 2025 |
| Malawi (%) | 4.0 2018 | yearly | 2003 - 2018 |
| Malaysia (%) | 5.2 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Malta (%) | 4.6 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Mauritius (%) | 4.2 Mar 2025 | quarterly | Mar 2001 - Mar 2025 |
| Mexico (%) | -0.2 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Moldova (%) | 1.1 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Mongolia (%) | 6.5 Sep 2025 | quarterly | Mar 2011 - Sep 2025 |
| Montenegro (%) | 2.6 Mar 2026 | quarterly | Mar 2007 - Mar 2026 |
| Morocco (%) | 5.5 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Mozambique (%) | 2.0 Dec 2018 | quarterly | Jun 2007 - Dec 2018 |
| Myanmar (%) | 3.3 2023 | yearly | 2011 - 2023 |
| Nepal (%) | 0.6 Mar 2026 | quarterly | Dec 2004 - Mar 2026 |
| Netherlands (%) | 1.4 Sep 2025 | quarterly | Mar 1997 - Sep 2025 |
| New Zealand (%) | 0.0 Jun 2025 | quarterly | Jun 1983 - Jun 2025 |
| Nigeria (%) | 4.2 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Norway (%) | 2.2 Sep 2025 | quarterly | Mar 1979 - Sep 2025 |
| Oman (%) | 1.6 2024 | yearly | 1999 - 2024 |
| Pakistan (%) | 3.7 2025 | yearly | 2001 - 2025 |
| Palestinian Territory (%) | -8.1 Mar 2026 | quarterly | Jun 2000 - Mar 2026 |
| Panama (%) | 3.4 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Paraguay (%) | 5.9 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Peru (%) | 3.4 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Philippines (%) | 4.3 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Poland (%) | 3.8 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Portugal (%) | 1.8 Jun 2019 | quarterly | Mar 1996 - Jun 2019 |
| Qatar (%) | 2.0 Dec 2025 | quarterly | Mar 2012 - Dec 2025 |
| Romania (%) | 1.4 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Russia (%) | 1.3 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Saudi Arabia (%) | -3.7 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Serbia (%) | 2.0 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Singapore (%) | 4.2 Sep 2025 | quarterly | Mar 1976 - Sep 2025 |
| Slovakia (%) | 0.9 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Slovenia (%) | 3.1 Mar 2026 | quarterly | Mar 1996 - Mar 2026 |
| South Africa (%) | 1.1 Jun 2025 | quarterly | Mar 1961 - Jun 2025 |
| Spain (%) | 2.8 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Sri Lanka (%) | 4.9 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Sudan (%) | -1.9 2021 | yearly | 1983 - 2021 |
| Sweden (%) | 2.5 Sep 2025 | quarterly | Mar 1982 - Sep 2025 |
| Switzerland (%) | 0.5 Sep 2025 | quarterly | Mar 1966 - Sep 2025 |
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Learn more about what we doThailand Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.3 Mar 2026 | quarterly | Sep 2002 - Mar 2026 |
| Consolidated Fiscal Balance (USD mn) | -2,783.400 Mar 2026 | monthly | Oct 2001 - Mar 2026 |
| Tax Revenue (USD mn) | 75,623.579 2025 | yearly | 1984 - 2025 |
| Tax Revenue: % of GDP (%) | 13.3 2025 | yearly | 1990 - 2025 |
| National Government Debt (USD mn) | 358,623.3 May 2026 | monthly | Oct 1997 - May 2026 |
| Government Debt: % of GDP (%) | 59.1 Dec 2025 | quarterly | Dec 1997 - Dec 2025 |
| Forecast: Government Expenditure (THB bn) | 5,388.387 2031 | yearly | 1995 - 2031 |
| Forecast: Government Net Debt (THB bn) | 16,118.945 2031 | yearly | 1996 - 2031 |
| Forecast: Government Revenue (THB bn) | 4,875.965 2031 | yearly | 1995 - 2031 |
| Total Public Debt as % of GDP (%) | 66.820 May 2026 | monthly | Jan 2005 - May 2026 |
| 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 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.640 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -5,711.4 May 2026 | monthly | Jan 1957 - May 2026 |
| Total Exports (USD mn) | 34,333.1 May 2026 | monthly | Oct 1990 - May 2026 |
| Total Exports Growth (%) | 6.8 May 2026 | monthly | Oct 1991 - May 2026 |
| Aluminum: Exports (USD th) | 1,786,225.975 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 495,323.903 2025 | yearly | 1995 - 2025 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 208,135.031 2025 | yearly | 1995 - 2025 |
| Total Imports (USD mn) | 40,044.5 May 2026 | monthly | Jan 1991 - May 2026 |
| Total Imports Growth (%) | 30.4 May 2026 | monthly | Jan 1992 - May 2026 |
| Imports: Medicament (USD th) | 1,858,750.702 2025 | yearly | 1995 - 2025 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,763,387.407 2025 | yearly | 1995 - 2025 |
| Total Exports to USA (USD mn) | 8,338.701 May 2026 | monthly | Jan 1971 - May 2026 |
| Total Imports from USA (USD mn) | 2,881.161 May 2026 | monthly | Jan 1971 - May 2026 |
| Total Exports to China (USD mn) | 4,337.629 Apr 2026 | monthly | Sep 1978 - Apr 2026 |
| Total Imports from China (USD mn) | 12,186.782 May 2026 | monthly | Apr 1974 - May 2026 |
| MoC: Exports: Custom Basis (THB mn) | 1,095,139.100 May 2026 | monthly | Oct 1990 - May 2026 |
| MoC: Trade Balance: Custom Basis (THB mn) | -198,049.647 May 2026 | monthly | Jan 1991 - May 2026 |
| MoC: Imports: Custom Basis (THB mn) | 1,293,188.747 May 2026 | monthly | Jan 1991 - May 2026 |
| Imports Volume: Liquefied Natural Gas (Cub ft mn) | 60,818.000 May 2026 | monthly | Jan 2010 - May 2026 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2,867.3 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Current Account Balance (USD mn) | -6,431.6 May 2026 | monthly | Jan 1985 - May 2026 |
| Current Account Balance: % of GDP (%) | 0.9 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Foreign Direct Investment (USD mn) | -517.0 Jul 2020 | monthly | Jan 2005 - Jul 2020 |
| Foreign Direct Investment: % of GDP (%) | 1.8 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Foreign Portfolio Investment (USD mn) | 2,365.390 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Foreign Portfolio Investment: % of GDP (%) | 1.5 Mar 2026 | quarterly | Mar 1993 - Mar 2026 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 1,713.7 Mar 2026 | quarterly | Mar 1976 - Mar 2026 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 651.720 Mar 2026 | quarterly | Mar 1976 - Mar 2026 |
| External Debt (USD mn) | 209,742.9 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| External Debt: % of GDP (%) | 34.7 Mar 2026 | quarterly | Mar 2005 - Mar 2026 |
| External Debt: Short Term (USD mn) | 88,716.7 Mar 2026 | quarterly | Mar 1999 - Mar 2026 |
| External Debt: Short Term: % of GDP (%) | 15.3 2025 | yearly | 1980 - 2025 |
| Forecast: Current Account Balance (USD bn) | 18.022 2031 | yearly | 1980 - 2031 |
| Net International Investment Position (USD mn) | 59,481.940 Mar 2026 | quarterly | Mar 2012 - Mar 2026 |
| 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 (%) | 85.9 Mar 2026 | quarterly | Mar 2003 - Mar 2026 |
| Non-Performing Loans (USD mn) | 15,551.667 Mar 2026 | quarterly | Mar 1998 - Mar 2026 |
| Money Supply M1 (USD mn) | 113,104.769 May 2026 | monthly | Dec 1975 - May 2026 |
| Money Supply M2 (USD mn) | 863,252.277 May 2026 | monthly | Jan 1997 - May 2026 |
| M2 Growth (%) | 5.2 May 2026 | monthly | Jan 1998 - May 2026 |
| Reserve Requirement Ratio (%) | 1.0 Jun 2026 | monthly | Sep 1997 - Jun 2026 |
| Foreign Exchange Reserves (USD mn) | 242,145.7 Jun 2026 | monthly | Jan 1993 - Jun 2026 |
| Foreign Exchange Reserves: Months of Import (NA) | 6.2 May 2026 | monthly | Jan 1991 - May 2026 |
| Gold Reserves (USD mn) | 30,234.600 Jun 2026 | monthly | Dec 1956 - Jun 2026 |
| Total Deposits (USD mn) | 563,971.200 May 2026 | monthly | Dec 2000 - May 2026 |
| Total Deposits Growth (%) | 3.4 May 2026 | monthly | Dec 2001 - May 2026 |
| Domestic Credit (USD mn) | 874,251.9 May 2026 | monthly | Jan 2003 - May 2026 |
| Domestic Credit Growth (%) | 4.3 May 2026 | monthly | Jan 2004 - May 2026 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 13.500 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Credit to Households (USD bn) | 523.988 Dec 2025 | quarterly | Dec 1991 - Dec 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 934.124 Dec 2025 | quarterly | Mar 1957 - Dec 2025 |
| Household Debt (USD mn) | 502,273.1 Jun 2025 | quarterly | Mar 2003 - Jun 2025 |
| Total Loans (USD mn) | 564,008.338 May 2026 | monthly | Jan 2003 - May 2026 |
| Total Loans Growth (%) | 0.74 May 2026 | monthly | Jan 2004 - May 2026 |
| Private Debt: % of Nominal GDP (%) | 161.61 Mar 2026 | quarterly | Mar 2011 - Mar 2026 |
| Private Credits (THB mn) | 31,066,788.000 May 2026 | monthly | Jan 2011 - May 2026 |
| Credit: Outs: CB: Businesses (THB mn) | 6,859,537.000 May 2026 | monthly | Jan 2004 - May 2026 |
| Credit: Outs: CB: Individuals (THB mn) | 5,984,326.000 May 2026 | monthly | Jan 2004 - May 2026 |
| Deposit: Outs: CB: Businesses (THB mn) | 6,054,028.000 May 2026 | monthly | Oct 2003 - May 2026 |
| Deposit: Outs: CB: Individuals (THB mn) | 9,048,892.000 May 2026 | monthly | Oct 2003 - May 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Global Competitiveness Index (Score) | 68.112 2019 | yearly | 2017 - 2019 |
| Business Confidence Growth (% Point) | -5.0 Jun 2026 | monthly | Feb 2000 - Jun 2026 |
| Trade and Services Sentiment Index (TSSI): MSME: Present (NA) | 46.000 Apr 2026 | monthly | Jan 2013 - Apr 2026 |
| Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) | 150.37 Jun 2018 | monthly | Jan 1993 - Jun 2018 |
More Indicators for Thailand
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