Thailand’s economy grew 2.4% in 2025, easing from 2.9% the previous year but extending its expansion streak to five consecutive years. Still trailing regional peers since the pandemic, growth has been constrained by persistent headwinds, including U.S. tariffs, elevated household debt, and a stronger baht. Exports, a crucial driver of Thailand's growth, are projected to rise 2.0% this year, a sharp turnaround from 0.3% drop estimated earlier. The Bhumjaithai Party, led by Prime Minister Anutin Charnvirakul, emerged with the most seats in the recent election and has begun coalition negotiations with minor parties. Bangkok expects the econony to grow in a range of 1.5% to 2.5% this year. source: Nesdb, Thailand

Full Year GDP Growth in Thailand decreased to 2.40 percent in 2025 from 2.90 percent in 2024. Full Year GDP Growth in Thailand averaged 3.15 percent from 1994 until 2025, reaching an all time high of 8.10 percent in 1995 and a record low of -7.60 percent in 1998. This page includes a chart with historical data for Thailand Full Year GDP Growth. Thailand Full Year GDP Growth - values, historical data and charts - was last updated on October of 2026.

Full Year GDP Growth in Thailand decreased to 2.40 percent in 2025 from 2.90 percent in 2024. Full Year GDP Growth in Thailand is expected to reach 1.50 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Full Year GDP Growth is projected to trend around 2.60 percent in 2027 and 2.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-02-17 02:30 AM
Full Year GDP Growth
2024 2.5% 2.0% 2.8%
2026-02-16 02:30 AM
Full Year GDP Growth
2025 2.4% 2.9% 2.2%


Related Last Previous Unit Reference
Full Year GDP Growth 2.40 2.90 percent Dec 2025
GDP 577.01 529.39 USD Billion Dec 2025
GDP Growth Rate YoY 1.90 2.80 percent Jun 2026
GDP Constant Prices 2932896.00 2938332.00 THB Million Jun 2026
GDP from Agriculture 188468.00 187671.00 THB Million Jun 2026
GDP from Construction 77744.00 81548.00 THB Million Jun 2026
GDP from Manufacturing 713363.00 713869.00 THB Million Jun 2026
GDP from Mining 51781.00 51472.00 THB Million Jun 2026
GDP from Public Administration 134375.00 135269.00 THB Million Jun 2026
GDP from Transport 191615.00 191649.00 THB Million Jun 2026
GDP from Utilities 99556.00 97795.00 THB Million Jun 2026
GDP Growth Rate -0.20 0.60 percent Jun 2026
Gross Fixed Capital Formation 679317.00 758909.00 THB Million Jun 2026
Gross National Product 2932579.00 3181966.00 THB Billion Jun 2026


Thailand Full Year GDP Growth
Thailand is an export oriented emerging economy. As a result, manufacturing is the most important sector and accounts for 34 percent of GDP. Services constitute around 44 percent of GDP. Within services, the most important are wholesale and retail trade (13 percent of GDP); transport, storage and communication (7 percent of GDP); hotels and restaurants (5 percent of GDP) and public administration, defense and social security (4.5 percent of GDP). Agriculture also makes a significant contribution - around 13 percent of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.90 8.10 -7.60 1994 - 2025 percent Yearly
Constant 2002 prices