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Thailand — GDP growth
GDP Growth (Annual %) for Thailand, 1961–2025.
Latest value · 2025
2.44%
GDP Growth (Annual %) · annual % · -54.4% since 1961
GDP growth for Thailand was 2.44% in 2025, according to the latest World Bank data. The series covers 65 years, from 1961 to 2025. The highest recorded value was 13.29% in 1988. The lowest was -7.63% in 1998 (about -3.1× the latest value). Across that span the compound annual growth rate works out to -1.22% per year.
Thailand ranks 134 of 212 economies on this measure (1 = highest), putting it in the top 63%. The median for East Asia & Pacific is 3.62%, so Thailand sits below it. It peaked in 1988 and has fallen 82% since. Over the last decade (2015–2025) the figure moved down 22%.
Key figures
Latest (2025)
2.44%
First (1961)
5.36%
Change
-54.4%
Highest
13.29%
in 1988
Lowest
-7.63%
in 1998
Average
5.47%
Annual growth (CAGR)
-1.22%
Years of data
65
Recent years
| Year | annual % |
|---|---|
| 2025 | 2.44% |
| 2024 | 2.95% |
| 2023 | 2.25% |
| 2022 | 2.64% |
| 2021 | 1.56% |
| 2020 | -6.09% |
| 2019 | 2.11% |
| 2018 | 4.22% |
| 2017 | 4.18% |
| 2016 | 3.44% |
| 2015 | 3.13% |
| 2014 | 0.98% |
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.