Thailand Market Capitalization: % of GDP

1975 - 2023 | Yearly | % | CEIC Data

Key information about Thailand Market Capitalization: % of GDP

  • Thailand Market Capitalization accounted for 104.2 % of its Nominal GDP in Dec 2023, compared with a percentage of 119.3 % in the previous year
  • Thailand Market Capitalization: % Nominal GDP is updated yearly, available from Dec 1975 to Dec 2023
  • The data reached an all-time high of 120.8 % in Dec 2021 and a record low of 1.7 % in Dec 1975

CEIC calculates Market Capitalization as % of Nominal GDP from annual Market Capitalization and annual Nominal GDP. Market Capitalization is calculated as the sum of the Market Capitalizations of Common and Preferred Stocks. The Stock Exchange of Thailand provides Market Capitalization in local currency. The Office of the National Economic and Social Development Council provides Nominal GDP in local currency based on SNA 1993. Nominal GDP prior to 1990 is based on SNA 1968.


Further information about Thailand Market Capitalization: % of GDP

  • In the latest reports, Approach 2 recorded a daily P/E ratio of 19.9 in Dec 2024
  • SET closed at 1,466.0 points in Oct 2024

View Thailand's Market Capitalization: % of GDP from 1975 to 2023 in the chart:

Thailand Market Capitalization: % of GDP

What was Thailand's Market Capitalization: % of GDP in 2023?

Thailand Market Capitalization accounted for 104.2 % of its Nominal GDP in Dec 2023, compared with a percentage of 119.3 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
104.2 2023 119.3 2022 1.7 1975 120.8 2021 % yearly 1975 - 2023

Market Capitalization: % of GDP by Country Comparison

country/region Last Frequency Range
Algeria (%) 0.2 2023 yearly 1999 - 2023
Argentina (%) 34.7 2020 yearly 2004 - 2020
Armenia (%) 3.4 2023 yearly 2001 - 2023
Australia (%) 100.1 2023 yearly 1985 - 2023
Austria (%) 26.5 2023 yearly 2002 - 2023
Bahrain (%) 44.8 2023 yearly 2002 - 2023
Bangladesh (%) 7.2 2024 yearly 2006 - 2024
Belarus (%) 2.6 2016 yearly 2011 - 2016
Belgium (%) 106.3 2023 yearly 1975 - 2023
Bolivia (%) 16.4 2012 yearly 1994 - 2012
Bosnia and Herzegovina (%) 20.2 2022 yearly 2008 - 2022
Botswana (%) 18.2 2023 yearly 2003 - 2023
Brazil (%) 42.4 2022 yearly 1980 - 2022
Bulgaria (%) 8.4 2023 yearly 1999 - 2023
Canada (%) 141.7 2023 yearly 1977 - 2023
Chile (%) 58.8 2023 yearly 2003 - 2023
China (%) 63.4 2024 yearly 1995 - 2024
Colombia (%) 19.6 2023 yearly 2005 - 2023
Croatia (%) 29.4 2023 yearly 1994 - 2023
Cyprus (%) 12.2 2023 yearly 2004 - 2023
Czech Republic (%) 244.8 2023 yearly 1995 - 2023
Denmark (%) 174.8 2023 yearly 2006 - 2023
Ecuador (%) 6.9 2023 yearly 2000 - 2023
Egypt (%) 17.0 Nov 2024 monthly Jun 2004 - Nov 2024
Estonia (%) 13.2 2023 yearly 2000 - 2023
European Union (%) 54.0 2018 yearly 1975 - 2018
Finland (%) 95.7 2023 yearly 1992 - 2023
France (%) 127.9 2023 yearly 1975 - 2023
Georgia (%) 0.1 2016 yearly 2000 - 2016
Germany (%) 47.1 2023 yearly 1975 - 2023
Ghana (%) 8.8 2023 yearly 2008 - 2023
Greece (%) 38.8 2023 yearly 2008 - 2023
Hong Kong SAR, China (%) 1,039.2 2023 yearly 1985 - 2023
Hungary (%) 19.8 2023 yearly 2002 - 2023
Iceland (%) 61.0 2023 yearly 1994 - 2023
India (%) 136.4 2024 yearly 1993 - 2024
Indonesia (%) 55.8 2023 yearly 2010 - 2023
Iran (%) 61.6 2022 yearly 2005 - 2022
Ireland (%) 24.7 2022 yearly 1997 - 2022
Israel (%) 51.4 2023 yearly 2002 - 2023
Italy (%) 32.1 2022 yearly 1998 - 2022
Ivory Coast (%) 16.7 2023 yearly 1993 - 2023
Japan (%) 146.5 2023 yearly 1994 - 2023
Jordan (%) 46.8 2023 yearly 1978 - 2023
Kazakhstan (%) 20.3 2022 yearly 1998 - 2022
Kenya (%) 9.5 2023 yearly 2006 - 2023
South Korea (%) 106.5 2023 yearly 1997 - 2023
Kuwait (%) 79.2 2023 yearly 2000 - 2023
Kyrgyzstan (%) 7.6 2023 yearly 2009 - 2023
Latvia (%) 1.5 2023 yearly 2000 - 2023
Lebanon (%) 6.5 2021 yearly 2004 - 2021
Lithuania (%) 6.2 2023 yearly 1995 - 2023
Luxembourg (%) 62.3 2022 yearly 1975 - 2022
North Macedonia (%) 25.8 2023 yearly 2004 - 2023
Malawi (%) 40.7 Aug 2024 monthly Jan 2004 - Aug 2024
Malaysia (%) 92.9 2023 yearly 1981 - 2023
Malta (%) 22.7 2023 yearly 2002 - 2023
Mauritius (%) 40.2 2023 yearly 1999 - 2023
Mexico (%) 33.0 2023 yearly 1993 - 2023
Mongolia (%) 16.5 2023 yearly 1998 - 2023
Montenegro (%) 52.0 2023 yearly 2003 - 2023
Morocco (%) 42.8 2023 yearly 1992 - 2023
Mozambique (%) 13.7 2023 yearly 1999 - 2023
Nepal (%) 76.8 2024 yearly 2001 - 2024
Netherlands (%) 133.7 2023 yearly 1975 - 2023
New Zealand (%) 39.5 2022 yearly 1985 - 2022
Nigeria (%) 17.8 2023 yearly 1985 - 2023
Norway (%) 82.1 2023 yearly 1981 - 2023
Oman (%) 47.3 2023 yearly 2003 - 2023
Pakistan (%) 9.8 2024 yearly 2000 - 2024
Palestinian Territory (%) 26.6 2023 yearly 1999 - 2023
Panama (%) 20.5 2022 yearly 1993 - 2022
Paraguay (%) 3.5 1999 yearly 1996 - 1999
Peru (%) 65.7 2023 yearly 1992 - 2023
Philippines (%) 68.8 2023 yearly 1970 - 2023
Poland (%) 42.3 2023 yearly 2007 - 2023
Portugal (%) 36.1 2023 yearly 1997 - 2023
Qatar (%) 79.7 2023 yearly 1997 - 2023
Romania (%) 18.3 2023 yearly 1995 - 2023
Russia (%) 3.0 2023 yearly 1997 - 2023
Saudi Arabia (%) 281.2 2023 yearly 1996 - 2023
Serbia (%) 4.8 2023 yearly 2004 - 2023
Singapore (%) 119.2 2023 yearly 1979 - 2023
Slovakia (%) 1.5 2023 yearly 2001 - 2023
Slovenia (%) 14.3 2023 yearly 1997 - 2023
South Africa (%) 320.6 2022 yearly 1975 - 2022
Spain (%) 80.2 2023 yearly 1995 - 2023
Sri Lanka (%) 15.4 2023 yearly 1991 - 2023
Sudan (%) 0.9 2021 yearly 2002 - 2021
Sweden (%) 169.4 2023 yearly 2006 - 2023
Switzerland (%) 187.2 2023 yearly 2000 - 2023
Syria (%) 5.9 2022 yearly 2010 - 2022
Taiwan (%) 240.9 2023 yearly 1962 - 2023
Thailand (%) 104.2 2023 yearly 1975 - 2023
Tunisia (%) 16.3 2023 yearly 1995 - 2023
Turkey (%) 37.8 2023 yearly 1998 - 2023
Ukraine (%) 3.4 2018 yearly 2010 - 2018
United Arab Emirates (%) 190.5 2023 yearly 2002 - 2023
United Kingdom (%) 70.5 2023 yearly 1999 - 2023
United States (%) 155.0 2022 yearly 1975 - 2022

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Thailand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.1 Sep 2024 quarterly Sep 2002 - Sep 2024
Consolidated Fiscal Balance (USD mn) 152.275 Nov 2024 monthly Oct 2001 - Nov 2024
Tax Revenue (USD mn) 67,624.756 2023 yearly 1984 - 2023
Tax Revenue: % of GDP (%) 13.2 2023 yearly 1990 - 2023
National Government Debt (USD mn) 307,123.5 Nov 2024 monthly Oct 1997 - Nov 2024
Government Debt: % of GDP (%) 55.9 Sep 2024 quarterly Dec 1997 - Sep 2024
Forecast: Government Expenditure (THB bn) 5,366.801 2029 yearly 1995 - 2029
Forecast: Government Net Debt (THB bn) 14,934.651 2029 yearly 1996 - 2029
Forecast: Government Revenue (THB bn) 4,743.913 2029 yearly 1995 - 2029
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) -224.4 Nov 2024 monthly Jan 1957 - Nov 2024
Total Exports (USD mn) 25,608.2 Nov 2024 monthly Oct 1990 - Nov 2024
Total Exports Growth (%) -0.6 Nov 2024 monthly Oct 1991 - Nov 2024
Aluminum: Exports (USD th) 1,474,770.435 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 425,949.614 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 187,991.703 2023 yearly 1995 - 2023
Total Imports (USD mn) 25,832.5 Nov 2024 monthly Jan 1991 - Nov 2024
Total Imports Growth (%) -7.2 Nov 2024 monthly Jan 1992 - Nov 2024
Imports: Medicament (USD th) 1,944,018.232 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 2,208,010.738 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 4,687.371 Nov 2024 monthly Jan 1971 - Nov 2024
Total Imports from USA (USD mn) 1,427.476 Nov 2024 monthly Jan 1971 - Nov 2024
Total Exports to China (USD mn) 3,018.074 Nov 2024 monthly Sep 1978 - Nov 2024
Total Imports from China (USD mn) 7,686.752 Nov 2024 monthly Apr 1974 - Nov 2024
MoC: Trade Balance: Custom Basis (THB mn) -18,387.054 Nov 2024 monthly Jan 1991 - Nov 2024
MoC: Exports: Custom Basis (THB mn) 849,069.323 Nov 2024 monthly Oct 1990 - Nov 2024
MoC: Imports: Custom Basis (THB mn) 867,456.377 Nov 2024 monthly Jan 1991 - Nov 2024
Imports Volume: Liquefied Natural Gas (Cub ft mn) 30,005.881 Nov 2024 monthly Jan 2010 - Nov 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,287.7 Sep 2024 quarterly Mar 2005 - Sep 2024
Current Account Balance (USD mn) 2,034.3 Nov 2024 monthly Jan 1985 - Nov 2024
Current Account Balance: % of GDP (%) 1.5 Sep 2024 quarterly Mar 1993 - Sep 2024
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) 1.5 Sep 2024 quarterly Mar 1993 - Sep 2024
Foreign Portfolio Investment (USD mn) 2,765.600 Sep 2024 quarterly Mar 2005 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 2.1 Sep 2024 quarterly Mar 2005 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 1,315.3 Sep 2024 quarterly Mar 1976 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 1,450.320 Sep 2024 quarterly Mar 1976 - Sep 2024
External Debt (USD mn) 200,924.7 Sep 2024 quarterly Mar 1999 - Sep 2024
External Debt: % of GDP (%) 38.0 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt: Short Term (USD mn) 87,533.6 Sep 2024 quarterly Mar 1999 - Sep 2024
External Debt: Short Term: % of GDP (%) 15.7 2023 yearly 1980 - 2023
Forecast: Current Account Balance (USD bn) 18.156 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 42,929.370 Sep 2024 quarterly Mar 2012 - Sep 2024
BOP: USD: Current Account Balance (USD mn) 2,034.350 Nov 2024 monthly Jan 2005 - Nov 2024
Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) 139.20 Jun 2018 monthly Jan 2010 - Jun 2018
FDI: Construction (THB mn) 1,520.740 Sep 2024 quarterly Mar 2005 - Sep 2024
FDI: Financial & Insurance Activities (THB mn) -3,517.230 Sep 2024 quarterly Mar 2005 - Sep 2024
Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) -17.370 Sep 2024 quarterly Mar 2005 - Sep 2024
FDI: Mining & Quarrying (THB mn) 53.250 Sep 2024 quarterly Mar 2005 - Sep 2024
FDI: Manufacturing (THB mn) 19,572.550 Sep 2024 quarterly Mar 2005 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019
Household Debt: % of GDP (%) 89.0 Sep 2024 quarterly Mar 2003 - Sep 2024
Non-Performing Loans (USD mn) 16,057.191 Sep 2024 quarterly Mar 1998 - Sep 2024
Money Supply M1 (USD mn) 93,012.766 Nov 2024 monthly Dec 1975 - Nov 2024
Money Supply M2 (USD mn) 765,920.577 Nov 2024 monthly Jan 1997 - Nov 2024
M2 Growth (%) 3.8 Nov 2024 monthly Jan 1998 - Nov 2024
Reserve Requirement Ratio (%) 1.0 Dec 2024 monthly Sep 1997 - Dec 2024
Foreign Exchange Reserves (USD mn) 210,788.7 Dec 2024 monthly Jan 1993 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 8.2 Nov 2024 monthly Jan 1991 - Nov 2024
Gold Reserves (USD mn) 19,792.490 Dec 2024 monthly Dec 1956 - Dec 2024
Total Deposits (USD mn) 512,285.835 Nov 2024 monthly Dec 2000 - Nov 2024
Total Deposits Growth (%) 2.2 Nov 2024 monthly Dec 2001 - Nov 2024
Domestic Credit (USD mn) 786,551.3 Nov 2024 monthly Jan 2003 - Nov 2024
Domestic Credit Growth (%) 3.2 Nov 2024 monthly Jan 2004 - Nov 2024
Debt Service Ratio: Private Non-Financial Sector (%) 15.300 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 448.489 Jun 2024 quarterly Dec 1991 - Jun 2024
Credit to Private Non-Financial Sector (USD bn) 868.946 Jun 2024 quarterly Mar 1957 - Jun 2024
Household Debt (USD mn) 436,311.8 Dec 2022 quarterly Mar 2003 - Dec 2022
Total Loans (USD mn) 507,576.071 Nov 2024 monthly Jan 2007 - Nov 2024
Total Loans Growth (%) -0.84 Nov 2024 monthly Jan 2008 - Nov 2024
Private Debt: % of Nominal GDP (%) 167.21 Sep 2024 quarterly Mar 2011 - Sep 2024
MA: Narrow Money (NM) (THB mn) 3,191,268.000 Nov 2024 monthly Jan 1997 - Nov 2024
MA: Quasi Money (THB mn) 23,087,467.000 Nov 2024 monthly Jan 1997 - Nov 2024
Monetary Aggregates (MA): Broad Money (THB mn) 26,278,735.000 Nov 2024 monthly Jan 1997 - Nov 2024
Private Credits (THB mn) 30,824,227.000 Nov 2024 monthly Jan 2011 - Nov 2024
Credit: Outs: CB: Individuals (THB mn) 6,218,783.000 Nov 2024 monthly Jan 2004 - Nov 2024
Credit: Outs: CB: Businesses (THB mn) 6,976,214.000 Nov 2024 monthly Jan 2004 - Nov 2024
Deposit: Outs: CB: Individuals (THB mn) 8,894,306.000 Nov 2024 monthly Oct 2003 - Nov 2024
Deposit: Outs: CB: Businesses (THB mn) 5,478,326.000 Nov 2024 monthly Oct 2003 - Nov 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 0.6 Nov 2024 monthly Feb 2000 - Nov 2024
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018
Trade and Services Sentiment Index (TSSI): MSME: Present (NA) 53.000 Nov 2024 monthly Jan 2013 - Nov 2024

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