Thailand Private Consumption: % of GDP

Key information about Thailand Private Consumption: % of GDP

• Thailand Private Consumption accounted for 56.8 % of its Nominal GDP in Dec 2024, compared with a ratio of 59.5 % in the previous quarter.
• Thailand Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1993 to Dec 2024, with an average share of 53.3 %.
• The data reached an all-time high of 60.9 % in Jun 2024 and a record low of 46.6 % in Mar 2018.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The Office of the National Economic and Social Development Council provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about Thailand Private Consumption: % of GDP

• In the latest reports, Thailand GDP expanded 2.7 % YoY in Mar 2023.
• Its Nominal GDP reached 132.0 USD bn in Mar 2023.
• Thailand GDP Per Capita reached 7,985.3 USD in Dec 2024.
• Its Gross Savings Rate was measured at 30.4 % in Mar 2023.

View Thailand's Private Consumption: % of GDP from Mar 1993 to Dec 2024 in the chart:

What was Thailand's Private Consumption: % of GDP in Dec 2024?

Thailand Private Consumption accounted for 56.8 % of its Nominal GDP in Dec 2024, compared with a ratio of 59.5 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
56.8 Dec 2024	59.5 Sep 2024	46.6 Mar 2018	60.9 Jun 2024	%	quarterly	Mar 1993 - Dec 2024

Private Consumption: % of GDP by Country Comparison

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