Thailand Nominal GDP Growth

1994 - 2024 | Quarterly | % | CEIC Data

Key information about Thailand Nominal GDP Growth

  • Thailand Nominal GDP Growth was reported at 4.207 % in Jun 2024.
  • This records an increase from the previous number of 2.251 % for Mar 2024.
  • Thailand Nominal GDP Growth data is updated quarterly, averaging 6.339 % from Mar 1994 to Jun 2024, with 122 observations.
  • The data reached an all-time high of 21.081 % in Dec 2012 and a record low of -14.613 % 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 Jun 2024 in the chart:

Thailand Nominal GDP Growth

What was Thailand's Nominal GDP Growth in Jun 2024?

Thailand Nominal GDP Growth was reported at 4.207 % in Jun 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.207 Jun 2024 2.251 Mar 2024 -14.613 Jun 2020 21.081 Dec 2012 % quarterly Mar 1994 - Jun 2024

Nominal GDP Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 7.871 Jun 2024 quarterly Mar 2009 - Jun 2024
Algeria (%) 6.213 Mar 2024 quarterly Mar 2000 - Mar 2024
Argentina (%) 250.930 Jun 2024 quarterly Mar 1994 - Jun 2024
Armenia (%) 7.035 Jun 2024 quarterly Dec 1995 - Jun 2024
Australia (%) 4.372 Jun 2024 quarterly Sep 1960 - Jun 2024
Austria (%) 1.388 Jun 2024 quarterly Mar 1996 - Jun 2024
Azerbaijan (%) 2.381 Jun 2024 quarterly Mar 2002 - Jun 2024
Bahrain (%) 2.392 Jun 2024 quarterly Mar 2008 - Jun 2024
Bangladesh (%) 12.407 2024 yearly 2007 - 2024
Belarus (%) 15.793 Jun 2024 quarterly Mar 1995 - Jun 2024
Belgium (%) 4.072 Jun 2024 quarterly Mar 1981 - Jun 2024
Bolivia (%) 5.208 Jun 2024 quarterly Mar 1991 - Jun 2024
Bosnia and Herzegovina (%) 2.641 Jun 2024 quarterly Mar 2009 - Jun 2024
Botswana (%) -2.189 Jun 2024 quarterly Sep 1994 - Jun 2024
Brazil (%) 8.508 Sep 2024 quarterly Mar 1991 - Sep 2024
Brunei (%) 7.833 Jun 2024 quarterly Mar 2005 - Jun 2024
Bulgaria (%) 10.939 Jun 2024 quarterly Mar 1996 - Jun 2024
Cambodia (%) 8.798 2022 yearly 1994 - 2022
Canada (%) 4.866 Jun 2024 quarterly Mar 1958 - Jun 2024
Chile (%) 8.288 Jun 2024 quarterly Mar 1991 - Jun 2024
China (%) 4.042 Sep 2024 quarterly Mar 1993 - Sep 2024
Colombia (%) 3.506 Mar 2024 quarterly Mar 2001 - Mar 2024
Croatia (%) 8.893 Jun 2024 quarterly Mar 1996 - Jun 2024
Cyprus (%) 7.754 Jun 2024 quarterly Mar 1996 - Jun 2024
Czech Republic (%) 4.815 Jun 2024 quarterly Mar 1996 - Jun 2024
Denmark (%) 3.286 Jun 2024 quarterly Mar 1991 - Jun 2024
Ecuador (%) 3.653 Jun 2024 quarterly Mar 1992 - Jun 2024
Egypt (%) 35.403 Jun 2024 quarterly Sep 2002 - Jun 2024
Estonia (%) 2.811 Jun 2024 quarterly Mar 1996 - Jun 2024
European Union (%) 4.061 Jun 2024 quarterly Mar 1996 - Jun 2024
Finland (%) 0.344 Jun 2024 quarterly Mar 1991 - Jun 2024
France (%) 3.743 Sep 2024 quarterly Mar 1950 - Sep 2024
Georgia (%) 12.367 Jun 2024 quarterly Mar 1997 - Jun 2024
Germany (%) 2.535 Sep 2024 quarterly Mar 1961 - Sep 2024
Ghana (%) 29.025 Jun 2024 quarterly Mar 2007 - Jun 2024
Greece (%) 5.123 Jun 2024 quarterly Mar 1996 - Jun 2024
Hong Kong SAR, China (%) 7.581 Jun 2024 quarterly Mar 1974 - Jun 2024
Hungary (%) 9.654 Jun 2024 quarterly Mar 1996 - Jun 2024
Iceland (%) 4.332 Jun 2024 quarterly Mar 1996 - Jun 2024
India (%) 9.666 Jun 2024 quarterly Jun 1997 - Jun 2024
Indonesia (%) 6.495 Sep 2024 quarterly Mar 1994 - Sep 2024
Iran (%) 35.070 Mar 2024 quarterly Jun 1989 - Mar 2024
Ireland (%) -1.208 Jun 2024 quarterly Mar 1996 - Jun 2024
Israel (%) 3.586 Jun 2024 quarterly Mar 1996 - Jun 2024
Italy (%) 1.999 Jun 2024 quarterly Mar 1981 - Jun 2024
Ivory Coast (%) 681.695 Mar 2023 quarterly Mar 1998 - Mar 2023
Japan (%) 2.165 Jun 2024 quarterly Mar 1981 - Jun 2024
Jordan (%) 3.975 Jun 2024 quarterly Mar 1993 - Jun 2024
Kazakhstan (%) 15.632 Dec 2023 quarterly Mar 1995 - Dec 2023
Kenya (%) 7.780 Jun 2024 quarterly Mar 2010 - Jun 2024
South Korea (%) 7.226 Jun 2024 quarterly Mar 1961 - Jun 2024
Kosovo (%) 6.081 Jun 2024 quarterly Mar 2011 - Jun 2024
Kuwait (%) 3.246 Jun 2024 quarterly Mar 2011 - Jun 2024
Kyrgyzstan (%) 18.207 Dec 2023 quarterly Mar 2001 - Dec 2023
Laos (%) 23.128 2023 yearly 1985 - 2023
Latvia (%) 2.096 Jun 2024 quarterly Mar 1996 - Jun 2024
Lebanon (%) 19.333 2020 yearly 1998 - 2020
Lithuania (%) 6.888 Sep 2024 quarterly Mar 1996 - Sep 2024
Luxembourg (%) 2.967 Jun 2024 quarterly Mar 1996 - Jun 2024
Macau SAR, China (%) 7.805 Jun 2024 quarterly Mar 1999 - Jun 2024
North Macedonia (%) 7.276 Jun 2024 quarterly Mar 2001 - Jun 2024
Malawi (%) 10.386 2021 yearly 2003 - 2021
Malaysia (%) 7.452 Jun 2024 quarterly Mar 1992 - Jun 2024
Malta (%) 7.622 Jun 2024 quarterly Mar 2001 - Jun 2024
Mauritius (%) 14.332 Jun 2024 quarterly Mar 2000 - Jun 2024
Mexico (%) 6.070 Jun 2024 quarterly Mar 1994 - Jun 2024
Moldova (%) 4.985 Jun 2024 quarterly Mar 1996 - Jun 2024
Mongolia (%) 22.032 Jun 2024 quarterly Mar 2001 - Jun 2024
Montenegro (%) 7.679 Jun 2024 quarterly Mar 2011 - Jun 2024
Morocco (%) 3.615 Jun 2024 quarterly Mar 2008 - Jun 2024
Mozambique (%) 11.026 2023 yearly 1964 - 2023
Nepal (%) 6.662 2024 yearly 2002 - 2024
Netherlands (%) 6.022 Jun 2024 quarterly Mar 1989 - Jun 2024
New Zealand (%) 3.165 Jun 2024 quarterly Jun 1988 - Jun 2024
Nigeria (%) 16.939 Jun 2024 quarterly Mar 2011 - Jun 2024
Norway (%) 4.266 Jun 2024 quarterly Mar 1979 - Jun 2024
Oman (%) 4.546 Jun 2024 quarterly Mar 2006 - Jun 2024
Pakistan (%) 26.432 2024 yearly 2001 - 2024
Palestinian Territory (%) -34.320 Jun 2024 quarterly Mar 2001 - Jun 2024
Panama (%) 3.631 Jun 2024 quarterly Mar 2008 - Jun 2024
Paraguay (%) 8.679 Jun 2024 quarterly Mar 1995 - Jun 2024
Peru (%) 5.953 Dec 2022 quarterly Mar 1991 - Dec 2022
Philippines (%) 8.515 Sep 2024 quarterly Mar 1982 - Sep 2024
Poland (%) 5.173 Jun 2024 quarterly Mar 1996 - Jun 2024
Portugal (%) 10.841 Dec 2022 quarterly Mar 1996 - Dec 2022
Qatar (%) -10.389 Dec 2023 quarterly Mar 2012 - Dec 2023
Romania (%) 12.512 Jun 2024 quarterly Mar 1996 - Jun 2024
Russia (%) 19.527 Mar 2024 quarterly Mar 1994 - Mar 2024
Saudi Arabia (%) 4.510 Jun 2024 quarterly Mar 2004 - Jun 2024
Serbia (%) 9.510 Jun 2024 quarterly Mar 1996 - Jun 2024
Singapore (%) 7.799 Jun 2024 quarterly Mar 1976 - Jun 2024
Slovakia (%) 7.535 Jun 2024 quarterly Mar 1996 - Jun 2024
Slovenia (%) 2.897 Jun 2024 quarterly Mar 1996 - Jun 2024
South Africa (%) 5.079 Jun 2024 quarterly Mar 1961 - Jun 2024
Spain (%) 6.688 Sep 2024 quarterly Mar 1971 - Sep 2024
Sri Lanka (%) 8.448 Mar 2024 quarterly Mar 2003 - Mar 2024
Sudan (%) 103.797 2020 yearly 1961 - 2020
Sweden (%) 4.356 Jun 2024 quarterly Mar 1981 - Jun 2024
Switzerland (%) 4.113 Dec 2022 quarterly Mar 1981 - Dec 2022
Syria (%) 113.698 2022 yearly 1971 - 2022

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Thailand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.8 Jun 2024 quarterly Sep 2002 - Jun 2024
Consolidated Fiscal Balance (USD mn) 544.084 Aug 2024 monthly Oct 2001 - Aug 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) 317,325.3 Sep 2024 monthly Oct 1997 - Sep 2024
Government Debt: % of GDP (%) 55.8 Jun 2024 quarterly Dec 1997 - Jun 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: Excise Dept (THB mn) 47,541.47 Jun 2018 monthly Oct 1989 - Jun 2018
Govt Revenue: Gross: Revenue Dept: Value Added Tax (THB mn) 68,616.81 Jun 2018 monthly Oct 1989 - Jun 2018
Total Public Debt as % of GDP (%) 63.280 Sep 2024 monthly Jan 2005 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.640 2028 yearly 1980 - 2028
Trade Balance (USD mn) 394.2 Sep 2024 monthly Jan 1957 - Sep 2024
Total Exports (USD mn) 25,983.2 Sep 2024 monthly Oct 1990 - Sep 2024
Total Exports Growth (%) -0.8 Sep 2024 monthly Oct 1991 - Sep 2024
Aluminum: Exports (USD th) 1,474,770.435 2023 yearly 1995 - 2023
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) 25,589.0 Sep 2024 monthly Jan 1991 - Sep 2024
Total Imports Growth (%) 7.8 Sep 2024 monthly Jan 1992 - Sep 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) 5,018.062 Sep 2024 monthly Jan 1971 - Sep 2024
Total Imports from USA (USD mn) 1,772.775 Sep 2024 monthly Jan 1971 - Sep 2024
Total Exports to China (USD mn) 2,851.030 Sep 2024 monthly Sep 1978 - Sep 2024
Total Imports from China (USD mn) 6,795.905 Sep 2024 monthly Apr 1974 - Sep 2024
MoC: Exports: Custom Basis (THB mn) 889,074.371 Sep 2024 monthly Oct 1990 - Sep 2024
MoC: Imports: Custom Basis (THB mn) 886,335.963 Sep 2024 monthly Jan 1991 - Sep 2024
MoC: Trade Balance: Custom Basis (THB mn) 2,738.408 Sep 2024 monthly Jan 1991 - Sep 2024
Imports Volume: Liquefied Natural Gas (Cub ft mn) 38,892.129 Sep 2024 monthly Jan 2010 - Sep 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,871.7 Jun 2024 quarterly Mar 2005 - Jun 2024
Current Account Balance (USD mn) 558.6 Sep 2024 monthly Jan 1985 - Sep 2024
Current Account Balance: % of GDP (%) 0.7 Jun 2024 quarterly Mar 1993 - Jun 2024
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) 0.5 Jun 2024 quarterly Mar 1993 - Jun 2024
Foreign Portfolio Investment (USD mn) -2,235.310 Jun 2024 quarterly Mar 2005 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) -1.8 Jun 2024 quarterly Mar 2005 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -831.1 Jun 2024 quarterly Mar 1976 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -1,404.200 Jun 2024 quarterly Mar 1976 - Jun 2024
External Debt (USD mn) 185,494.3 Jun 2024 quarterly Mar 1999 - Jun 2024
External Debt: % of GDP (%) 37.4 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: Short Term (USD mn) 80,595.9 Jun 2024 quarterly Mar 1999 - Jun 2024
External Debt: Short Term: % of GDP (%) 15.8 2023 yearly 1980 - 2023
Forecast: Current Account Balance (USD bn) 18.156 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 45,081.400 Jun 2024 quarterly Mar 2012 - Jun 2024
BOP: USD: Current Account Balance (USD mn) 558.570 Sep 2024 monthly Jan 2005 - Sep 2024
Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) 139.20 Jun 2018 monthly Jan 2010 - Jun 2018
FDI: Manufacturing (THB mn) -45,746.850 Jun 2024 quarterly Mar 2005 - Jun 2024
FDI: Mining & Quarrying (THB mn) 2,246.470 Jun 2024 quarterly Mar 2005 - Jun 2024
Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) -79.510 Jun 2024 quarterly Mar 2005 - Jun 2024
FDI: Construction (THB mn) 489.860 Jun 2024 quarterly Mar 2005 - Jun 2024
FDI: Financial & Insurance Activities (THB mn) 24,650.950 Jun 2024 quarterly Mar 2005 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019
Household Debt: % of GDP (%) 89.6 Jun 2024 quarterly Mar 2003 - Jun 2024
Non-Performing Loans (USD mn) 13,918.759 Jun 2024 quarterly Mar 1998 - Jun 2024
Money Supply M1 (USD mn) 89,452.452 Aug 2024 monthly Dec 1975 - Aug 2024
Money Supply M2 (USD mn) 798,147.232 Sep 2024 monthly Jan 1997 - Sep 2024
M2 Growth (%) 3.1 Sep 2024 monthly Jan 1998 - Sep 2024
Reserve Requirement Ratio (%) 1.0 Oct 2024 monthly Sep 1997 - Oct 2024
Foreign Exchange Reserves (USD mn) 216,391.6 Sep 2024 monthly Jan 1993 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 8.5 Sep 2024 monthly Jan 1991 - Sep 2024
Gold Reserves (USD mn) 19,869.600 Sep 2024 monthly Dec 1956 - Sep 2024
Total Deposits (USD mn) 505,239.765 Aug 2024 monthly Dec 2000 - Aug 2024
Total Deposits Growth (%) 1.4 Aug 2024 monthly Dec 2001 - Aug 2024
Domestic Credit (USD mn) 819,930.0 Sep 2024 monthly Jan 2003 - Sep 2024
Domestic Credit Growth (%) 2.6 Sep 2024 monthly Jan 2004 - Sep 2024
Debt Service Ratio: Private Non-Financial Sector (%) 15.300 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 481.404 Dec 2023 quarterly Dec 1991 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 928.900 Dec 2023 quarterly Mar 1957 - Dec 2023
Household Debt (USD mn) 436,311.8 Dec 2022 quarterly Mar 2003 - Dec 2022
Total Loans (USD mn) 508,948.311 Aug 2024 monthly Jan 2007 - Aug 2024
Total Loans Growth (%) -0.44 Aug 2024 monthly Jan 2008 - Aug 2024
Private Debt: % of Nominal GDP (%) 169.39 Jun 2024 quarterly Mar 2011 - Jun 2024
MA: Quasi Money (THB mn) 22,567,177.000 Sep 2024 monthly Jan 1997 - Sep 2024
MA: Narrow Money (NM) (THB mn) 3,236,923.000 Sep 2024 monthly Jan 1997 - Sep 2024
Monetary Aggregates (MA): Broad Money (THB mn) 25,804,100.000 Sep 2024 monthly Jan 1997 - Sep 2024
Credit: Outs: CB: Individuals (THB mn) 6,252,173.000 Aug 2024 monthly Jan 2004 - Aug 2024
Credit: Outs: CB: Businesses (THB mn) 6,974,233.000 Aug 2024 monthly Jan 2004 - Aug 2024
Deposit: Outs: CB: Individuals (THB mn) 8,827,253.000 Aug 2024 monthly Oct 2003 - Aug 2024
Deposit: Outs: CB: Businesses (THB mn) 5,309,825.000 Aug 2024 monthly Oct 2003 - Aug 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -3.8 Oct 2024 monthly Feb 2000 - Oct 2024
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018

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