Thailand Nominal GDP Growth

1994 - 2023 | Quarterly | % | CEIC Data

Key information about Thailand Nominal GDP Growth

  • Thailand Nominal GDP Growth was reported at 2.128 % in Dec 2023.
  • This records a decrease from the previous number of 2.350 % for Sep 2023.
  • Thailand Nominal GDP Growth data is updated quarterly, averaging 6.460 % from Mar 1994 to Dec 2023, with 120 observations.
  • The data reached an all-time high of 21.081 % in Dec 2012 and a record low of -14.591 % in Jun 2020.
  • Thailand Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.

CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Office of the National Economic and Social Development Council provides Nominal GDP in local currency.

View Thailand's Nominal GDP Growth from Mar 1994 to Dec 2023 in the chart:

Get this data
Thailand Nominal GDP Growth
Get this data
Thailand Nominal GDP Growth

What was Thailand's Nominal GDP Growth in Dec 2023?

Thailand Nominal GDP Growth was reported at 2.128 % in Dec 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.128 Dec 2023 2.350 Sep 2023 -14.591 Jun 2020 21.081 Dec 2012 % quarterly Mar 1994 - Dec 2023

Nominal GDP Growth by Country Comparison

Buy Selected Data

Includes Nominal GDP Growth on 114 economies standardised by CEIC. Instant access to full history data in excel.
Buy for $99 Added to Basket
country/region Last Frequency Range
Albania (%) 7.894 Sep 2023 quarterly Mar 2009 - Sep 2023
Algeria (%) -1.277 Dec 2023 quarterly Mar 2000 - Dec 2023
Argentina (%) 169.925 Dec 2023 quarterly Mar 1994 - Dec 2023
Armenia (%) 9.729 Dec 2023 quarterly Dec 1995 - Dec 2023
Australia (%) 4.423 Dec 2023 quarterly Sep 1960 - Dec 2023
Austria (%) 6.545 Jun 2023 quarterly Mar 1996 - Jun 2023
Azerbaijan (%) -11.065 Dec 2023 quarterly Mar 2002 - Dec 2023
Bahrain (%) 3.250 Dec 2023 quarterly Mar 2008 - Dec 2023
Bangladesh (%) 13.071 2023 yearly 2007 - 2023
Belarus (%) 13.186 Mar 2024 quarterly Mar 1995 - Mar 2024
Belgium (%) 4.148 Dec 2023 quarterly Mar 1981 - Dec 2023
Bolivia (%) 5.226 Dec 2023 quarterly Mar 1991 - Dec 2023
Bosnia and Herzegovina (%) 4.068 Dec 2023 quarterly Mar 2009 - Dec 2023
Botswana (%) -4.803 Dec 2023 quarterly Sep 1994 - Dec 2023
Brazil (%) 6.621 Mar 2024 quarterly Mar 1991 - Mar 2024
Brunei (%) -13.343 Sep 2023 quarterly Mar 2005 - Sep 2023
Bulgaria (%) 0.296 Mar 2024 quarterly Mar 1996 - Mar 2024
Cambodia (%) 9.523 2022 yearly 1994 - 2022
Canada (%) 3.973 Dec 2023 quarterly Mar 1958 - Dec 2023
Chile (%) 3.969 Dec 2023 quarterly Mar 1991 - Dec 2023
China (%) 4.176 Mar 2024 quarterly Mar 1993 - Mar 2024
Colombia (%) 3.506 Mar 2024 quarterly Mar 2001 - Mar 2024
Croatia (%) 10.338 Mar 2024 quarterly Mar 1996 - Mar 2024
Cyprus (%) 6.926 Dec 2023 quarterly Mar 1996 - Dec 2023
Czech Republic (%) 6.200 Dec 2023 quarterly Mar 1996 - Dec 2023
Denmark (%) -2.051 Dec 2023 quarterly Mar 1991 - Dec 2023
Ecuador (%) -1.089 Dec 2023 quarterly Mar 1992 - Dec 2023
Egypt (%) 36.681 Dec 2023 quarterly Sep 2002 - Dec 2023
Estonia (%) 2.955 Dec 2023 quarterly Mar 1996 - Dec 2023
European Union (%) 5.681 Dec 2023 quarterly Mar 1996 - Dec 2023
Finland (%) 1.184 Dec 2023 quarterly Mar 1991 - Dec 2023
France (%) 4.870 Mar 2024 quarterly Mar 1950 - Mar 2024
Georgia (%) 7.641 Dec 2023 quarterly Mar 1997 - Dec 2023
Germany (%) 4.283 Mar 2024 quarterly Mar 1961 - Mar 2024
Ghana (%) 39.349 Sep 2023 quarterly Mar 2007 - Sep 2023
Greece (%) 5.196 Dec 2023 quarterly Mar 1996 - Dec 2023
Hong Kong SAR, China (%) 7.069 Mar 2024 quarterly Mar 1974 - Mar 2024
Hungary (%) 13.247 Dec 2023 quarterly Mar 1996 - Dec 2023
Iceland (%) 6.613 Dec 2023 quarterly Mar 1996 - Dec 2023
India (%) 10.075 Dec 2023 quarterly Jun 1997 - Dec 2023
Indonesia (%) 4.275 Mar 2024 quarterly Mar 1994 - Mar 2024
Iran (%) 36.289 Sep 2023 quarterly Jun 1989 - Sep 2023
Ireland (%) -5.150 Dec 2023 quarterly Mar 1996 - Dec 2023
Israel (%) 4.816 Mar 2024 quarterly Mar 1996 - Mar 2024
Italy (%) 4.615 Dec 2023 quarterly Mar 1981 - Dec 2023
Ivory Coast (%) 681.695 Mar 2023 quarterly Mar 1998 - Mar 2023
Japan (%) 3.178 Mar 2024 quarterly Mar 1981 - Mar 2024
Jordan (%) 4.082 Dec 2023 quarterly Mar 1993 - Dec 2023
Kazakhstan (%) 17.599 Dec 2023 quarterly Mar 1995 - Dec 2023
Kenya (%) 11.651 Mar 2023 quarterly Mar 2010 - Mar 2023
South Korea (%) 5.780 Dec 2023 quarterly Mar 1961 - Dec 2023
Kosovo (%) 9.548 Dec 2023 quarterly Mar 2011 - Dec 2023
Kuwait (%) -11.726 Sep 2023 quarterly Mar 2011 - Sep 2023
Kyrgyzstan (%) 18.207 Dec 2023 quarterly Mar 2001 - Dec 2023
Laos (%) 16.562 2022 yearly 1985 - 2022
Latvia (%) 2.961 Dec 2023 quarterly Mar 1996 - Dec 2023
Lebanon (%) 19.333 2020 yearly 1998 - 2020
Lithuania (%) 4.718 Dec 2023 quarterly Mar 1996 - Dec 2023
Luxembourg (%) 1.823 Dec 2023 quarterly Mar 1996 - Dec 2023
Macau SAR, China (%) 99.802 Dec 2023 quarterly Mar 1999 - Dec 2023
North Macedonia (%) 7.165 Dec 2023 quarterly Mar 2001 - Dec 2023
Malawi (%) 10.386 2021 yearly 2003 - 2021
Malaysia (%) 4.836 Mar 2024 quarterly Mar 1992 - Mar 2024
Malta (%) 9.267 Dec 2023 quarterly Mar 2001 - Dec 2023
Mauritius (%) 13.075 Dec 2023 quarterly Mar 2000 - Dec 2023
Mexico (%) 8.034 Dec 2023 quarterly Mar 1994 - Dec 2023
Moldova (%) 11.277 Dec 2023 quarterly Mar 1996 - Dec 2023
Mongolia (%) 19.388 Mar 2024 quarterly Mar 2001 - Mar 2024
Montenegro (%) 10.574 Dec 2023 quarterly Mar 2011 - Dec 2023
Morocco (%) 6.729 Dec 2023 quarterly Mar 2008 - Dec 2023
Mozambique (%) 11.040 2022 yearly 1964 - 2022
Nepal (%) 6.662 2024 yearly 2002 - 2024
Netherlands (%) 6.071 Mar 2024 quarterly Mar 1989 - Mar 2024
New Zealand (%) 3.784 Dec 2023 quarterly Jun 1988 - Dec 2023
Nigeria (%) 16.080 Sep 2023 quarterly Mar 2011 - Sep 2023
Norway (%) -3.436 Mar 2024 quarterly Mar 1979 - Mar 2024
Oman (%) -1.973 Dec 2023 quarterly Mar 2006 - Dec 2023
Pakistan (%) 19.992 2022 yearly 2001 - 2022
Palestinian Territory (%) -30.860 Dec 2023 quarterly Mar 2001 - Dec 2023
Panama (%) 7.326 Dec 2023 quarterly Mar 2008 - Dec 2023
Paraguay (%) 5.865 Dec 2023 quarterly Mar 1995 - Dec 2023
Peru (%) 5.953 Dec 2022 quarterly Mar 1991 - Dec 2022
Philippines (%) 8.800 Mar 2024 quarterly Mar 1982 - Mar 2024
Poland (%) 7.677 Dec 2023 quarterly Mar 1996 - Dec 2023
Portugal (%) 10.841 Dec 2022 quarterly Mar 1996 - Dec 2022
Qatar (%) -12.949 Sep 2023 quarterly Mar 2012 - Sep 2023
Romania (%) 14.314 Dec 2023 quarterly Mar 1996 - Dec 2023
Russia (%) 19.473 Dec 2023 quarterly Mar 1994 - Dec 2023
Saudi Arabia (%) -0.728 Dec 2023 quarterly Mar 2004 - Dec 2023
Serbia (%) 12.351 Jun 2023 quarterly Mar 1996 - Jun 2023
Singapore (%) 2.511 Dec 2023 quarterly Mar 1976 - Dec 2023
Slovakia (%) 12.310 Dec 2023 quarterly Mar 1996 - Dec 2023
Slovenia (%) 7.082 Mar 2024 quarterly Mar 1996 - Mar 2024
South Africa (%) 5.946 Dec 2023 quarterly Mar 1961 - Dec 2023
Spain (%) 5.709 Mar 2024 quarterly Mar 1971 - Mar 2024
Sri Lanka (%) 11.992 Dec 2023 quarterly Mar 2003 - Dec 2023
Sudan (%) 103.797 2020 yearly 1961 - 2020
Sweden (%) 3.373 Dec 2023 quarterly Mar 1981 - Dec 2023
Switzerland (%) 4.113 Dec 2022 quarterly Mar 1981 - Dec 2022
Syria (%) 50.215 2021 yearly 1971 - 2021

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Thailand Key Series

Buy Selected Data

Includes 302 key indicators for Thailand, curated by CEIC analysts. Instant access to full history data in excel.
Buy for $99 Added to Basket
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.0 Mar 2024 quarterly Sep 2002 - Mar 2024
Consolidated Fiscal Balance (USD mn) 5,458.700 Mar 2024 monthly Oct 2001 - Mar 2024
Tax Revenue (USD mn) 67,893.852 2022 yearly 1984 - 2022
Tax Revenue: % of GDP (%) 13.4 2022 yearly 1990 - 2022
National Government Debt (USD mn) 277,807.4 Mar 2024 monthly Oct 1997 - Mar 2024
Government Debt: % of GDP (%) 54.3 Dec 2023 quarterly Dec 1997 - Dec 2023
Forecast: Government Expenditure (THB bn) 5,065.690 2028 yearly 1995 - 2028
Forecast: Government Net Debt (THB bn) 13,689.050 2028 yearly 1996 - 2028
Forecast: Government Revenue (THB bn) 4,525.300 2028 yearly 1995 - 2028
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
Total Public Debt as % of GDP (%) 63.370 Mar 2024 monthly Jan 2005 - Mar 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.640 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,163.3 Mar 2024 monthly Jan 1957 - Mar 2024
Total Exports (USD mn) 24,960.6 Mar 2024 monthly Oct 1990 - Mar 2024
Total Exports Growth (%) -6.6 Mar 2024 monthly Oct 1991 - Mar 2024
Aluminum: Exports (USD th) 1,568,630.600 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 435,513.625 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 196,247.335 2022 yearly 1995 - 2022
Total Imports (USD mn) 26,123.8 Mar 2024 monthly Jan 1991 - Mar 2024
Total Imports Growth (%) 10.7 Mar 2024 monthly Jan 1992 - Mar 2024
Imports: Medicament (USD th) 1,843,219.521 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,586,101.179 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 4,635.400 Mar 2024 monthly Jan 1971 - Mar 2024
Total Imports from USA (USD mn) 1,694.729 Mar 2024 monthly Jan 1971 - Mar 2024
Total Exports to China (USD mn) 2,794.508 Mar 2024 monthly Sep 1978 - Mar 2024
Total Imports from China (USD mn) 5,631.694 Feb 2024 monthly Apr 1974 - Feb 2024
MoC: Exports: Custom Basis (THB mn) 892,289.821 Mar 2024 monthly Oct 1990 - Mar 2024
MoC: Trade Balance: Custom Basis (THB mn) -52,538.072 Mar 2024 monthly Jan 1991 - Mar 2024
MoC: Imports: Custom Basis (THB mn) 944,827.893 Mar 2024 monthly Jan 1991 - Mar 2024
Imports Volume: Liquefied Natural Gas (Cub ft mn) 48,436.350 Mar 2024 monthly Jan 2010 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,549.2 Dec 2023 quarterly Mar 2005 - Dec 2023
Current Account Balance (USD mn) 1,082.1 Mar 2024 monthly Jan 1985 - Mar 2024
Current Account Balance: % of GDP (%) 1.5 Dec 2023 quarterly Mar 1993 - Dec 2023
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) -0.7 Dec 2023 quarterly Mar 1993 - Dec 2023
Foreign Portfolio Investment (USD mn) -1,146.350 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -0.9 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -741.7 Dec 2023 quarterly Mar 1976 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -404.680 Dec 2023 quarterly Mar 1976 - Dec 2023
External Debt (USD mn) 193,212.3 Dec 2023 quarterly Mar 1999 - Dec 2023
External Debt: % of GDP (%) 38.4 Dec 2023 quarterly Mar 2005 - Dec 2023
External Debt: Short Term (USD mn) 79,224.7 Dec 2023 quarterly Mar 1999 - Dec 2023
External Debt: Short Term: % of GDP (%) 15.4 2023 yearly 1980 - 2023
Forecast: Current Account Balance (USD bn) 22.379 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 42,907.160 Dec 2023 quarterly Mar 2012 - Dec 2023
BOP: USD: Current Account Balance (USD mn) 1,082.130 Mar 2024 monthly Jan 2005 - Mar 2024
Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) 139.20 Jun 2018 monthly Jan 2010 - Jun 2018
Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) -163.140 Dec 2023 quarterly Mar 2005 - Dec 2023
FDI: Manufacturing (THB mn) 10,477.880 Dec 2023 quarterly Mar 2005 - Dec 2023
FDI: Construction (THB mn) -762.270 Dec 2023 quarterly Mar 2005 - Dec 2023
FDI: Mining & Quarrying (THB mn) 3,484.020 Dec 2023 quarterly Mar 2005 - Dec 2023
FDI: Financial & Insurance Activities (THB mn) -31,607.400 Dec 2023 quarterly Mar 2005 - Dec 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019
Household Debt: % of GDP (%) 86.6 Sep 2023 quarterly Mar 2003 - Sep 2023
Non-Performing Loans (USD mn) 14,347.394 Dec 2023 quarterly Mar 1998 - Dec 2023
Money Supply M1 (USD mn) 86,412.999 Mar 2024 monthly Dec 1975 - Mar 2024
Money Supply M2 (USD mn) 712,203.443 Mar 2024 monthly Jan 1997 - Mar 2024
M2 Growth (%) 2.5 Mar 2024 monthly Jan 1998 - Mar 2024
Reserve Requirement Ratio (%) 1.0 Apr 2024 monthly Sep 1997 - Apr 2024
Foreign Exchange Reserves (USD mn) 197,210.3 Apr 2024 monthly Jan 1993 - Apr 2024
Foreign Exchange Reserves: Months of Import (NA) 7.7 Mar 2024 monthly Jan 1991 - Mar 2024
Gold Reserves (USD mn) 17,237.260 Apr 2024 monthly Dec 1956 - Apr 2024
Total Deposits (USD mn) 481,396.227 Mar 2024 monthly Dec 2000 - Mar 2024
Total Deposits Growth (%) 1.3 Mar 2024 monthly Dec 2001 - Mar 2024
Domestic Credit (USD mn) 734,126.5 Mar 2024 monthly Jan 2003 - Mar 2024
Domestic Credit Growth (%) 3.5 Mar 2024 monthly Jan 2004 - Mar 2024
Debt Service Ratio: Private Non-Financial Sector (%) 15.000 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 448.346 Sep 2023 quarterly Dec 1991 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 869.949 Sep 2023 quarterly Mar 1957 - Sep 2023
Household Debt (USD mn) 436,311.8 Dec 2022 quarterly Mar 2003 - Dec 2022
Total Loans (USD mn) 478,060.066 Mar 2024 monthly Jan 2007 - Mar 2024
Total Loans Growth (%) -2.70 Mar 2024 monthly Jan 2008 - Mar 2024
Private Debt: % of Nominal GDP (%) 171.50 Dec 2023 quarterly Mar 2011 - Dec 2023
MA: Quasi Money (THB mn) 22,722,451.000 Mar 2024 monthly Jan 1997 - Mar 2024
Monetary Aggregates (MA): Broad Money (THB mn) 25,860,107.000 Mar 2024 monthly Jan 1997 - Mar 2024
MA: Narrow Money (NM) (THB mn) 3,137,656.000 Mar 2024 monthly Jan 1997 - Mar 2024
Credit: Outs: CB: Individuals (THB mn) 6,340,858.000 Mar 2024 monthly Jan 2004 - Mar 2024
Credit: Outs: CB: Businesses (THB mn) 7,080,783.000 Mar 2024 monthly Jan 2004 - Mar 2024
Deposit: Outs: CB: Individuals (THB mn) 8,958,767.000 Mar 2024 monthly Oct 2003 - Mar 2024
Deposit: Outs: CB: Businesses (THB mn) 5,508,295.000 Mar 2024 monthly Oct 2003 - Mar 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -5.6 Apr 2024 monthly Feb 2000 - Apr 2024
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018

More Indicators for Thailand

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.

Try Now

Explore our Data

Unlimited access tailored to your data needs
Request a Demo
Flexible monthly access to CEIC data
Try Now