Thailand Private Consumption: % of GDP
Key information about Thailand Private Consumption: % of GDP
- Thailand Private Consumption accounted for 60.4 % of its Nominal GDP in Jun 2024, compared with a ratio of 55.9 % in the previous quarter.
- Thailand Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1993 to Jun 2024, with an average share of 53.3 %.
- The data reached an all-time high of 60.4 % 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 7,801.4 USD in Dec 2023.
- Its Gross Savings Rate was measured at 30.4 % in Mar 2023.
View Thailand's Private Consumption: % of GDP from Mar 1993 to Jun 2024 in the chart:
What was Thailand's Private Consumption: % of GDP in Jun 2024?
Thailand Private Consumption accounted for 60.4 % of its Nominal GDP in Jun 2024, compared with a ratio of 55.9 % in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
60.4 Jun 2024 | 55.9 Mar 2024 | 46.6 Mar 2018 | 60.4 Jun 2024 | % | quarterly | Mar 1993 - Jun 2024 |
Private Consumption: % of GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 73.3 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Algeria (%) | 41.2 2023 | yearly | 1950 - 2023 |
Argentina (%) | 69.6 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Armenia (%) | 73.7 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
Australia (%) | 50.6 Jun 2024 | quarterly | Sep 1959 - Jun 2024 |
Austria (%) | 51.9 Jun 2024 | quarterly | Mar 1988 - Jun 2024 |
Azerbaijan (%) | 44.0 Sep 2022 | quarterly | Mar 2001 - Sep 2022 |
Bahrain (%) | 36.3 2022 | yearly | 1975 - 2022 |
Bangladesh (%) | 66.8 2024 | yearly | 1973 - 2024 |
Belarus (%) | 55.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Belgium (%) | 51.4 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Bolivia (%) | 62.8 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Bosnia and Herzegovina (%) | 62.8 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Botswana (%) | 42.8 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Brazil (%) | 63.0 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Brunei (%) | 24.2 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Bulgaria (%) | 62.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cambodia (%) | 60.0 2022 | yearly | 1993 - 2022 |
Canada (%) | 57.7 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
Chile (%) | 65.2 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
China (%) | 39.2 2023 | yearly | 1952 - 2023 |
Colombia (%) | 74.5 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
Croatia (%) | 58.5 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Cyprus (%) | 57.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Czech Republic (%) | 45.9 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Denmark (%) | 45.2 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Ecuador (%) | 63.1 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
Egypt (%) | 86.8 Jun 2024 | quarterly | Sep 2001 - Jun 2024 |
Estonia (%) | 53.5 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
European Union (%) | 52.7 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Finland (%) | 51.8 Jun 2024 | quarterly | Mar 1975 - Jun 2024 |
France (%) | 55.0 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Georgia (%) | 73.7 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Germany (%) | 53.2 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Ghana (%) | 84.2 2023 | yearly | 2006 - 2023 |
Greece (%) | 70.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Hong Kong SAR, China (%) | 71.7 Jun 2024 | quarterly | Mar 1973 - Jun 2024 |
Hungary (%) | 50.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Iceland (%) | 51.0 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
India (%) | 60.4 Jun 2024 | quarterly | Jun 1996 - Jun 2024 |
Indonesia (%) | 54.4 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Iran (%) | 45.2 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
Ireland (%) | 31.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Israel (%) | 48.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Italy (%) | 58.6 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
Ivory Coast (%) | 65.8 2023 | yearly | 1960 - 2023 |
Japan (%) | 54.2 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Jordan (%) | 78.7 2023 | yearly | 1962 - 2023 |
Kazakhstan (%) | 46.5 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Kenya (%) | 76.2 2023 | yearly | 1969 - 2023 |
South Korea (%) | 47.6 Jun 2024 | quarterly | Mar 1960 - Jun 2024 |
Kosovo (%) | 72.5 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Kuwait (%) | 32.5 2022 | yearly | 1962 - 2022 |
Kyrgyzstan (%) | 84.8 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
Laos (%) | 64.4 2016 | yearly | 2000 - 2016 |
Latvia (%) | 59.3 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Lebanon (%) | 118.8 2021 | yearly | 1990 - 2021 |
Lithuania (%) | 60.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Luxembourg (%) | 31.2 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
Macau SAR, China (%) | 29.1 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
North Macedonia (%) | 67.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Malawi (%) | 79.2 2019 | yearly | 1960 - 2019 |
Malaysia (%) | 59.6 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Malta (%) | 45.0 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
Mauritius (%) | 59.8 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
Mexico (%) | 70.0 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Moldova (%) | 82.6 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Mongolia (%) | 48.4 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Montenegro (%) | 77.1 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Morocco (%) | 56.7 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Mozambique (%) | 78.0 2023 | yearly | 1969 - 2022 |
Nepal (%) | 86.1 2024 | yearly | 1975 - 2024 |
Netherlands (%) | 42.4 Jun 2024 | quarterly | Mar 1977 - Jun 2024 |
New Zealand (%) | 57.4 Jun 2024 | quarterly | Jun 1987 - Jun 2024 |
Nigeria (%) | 61.2 2023 | yearly | 1981 - 2023 |
Norway (%) | 39.4 Jun 2024 | quarterly | Mar 1978 - Jun 2024 |
Oman (%) | 34.3 2022 | yearly | 1980 - 2022 |
Pakistan (%) | 84.4 2024 | yearly | 1967 - 2024 |
Palestinian Territory (%) | 98.6 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Panama (%) | 48.7 2022 | yearly | 1996 - 2022 |
Paraguay (%) | 67.1 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Peru (%) | 65.7 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Philippines (%) | 78.6 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
Poland (%) | 60.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Portugal (%) | 61.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Qatar (%) | 20.6 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
Romania (%) | 61.5 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Russia (%) | 50.9 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Saudi Arabia (%) | 40.2 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
Serbia (%) | 66.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Singapore (%) | 31.3 2023 | yearly | 1960 - 2023 |
Slovakia (%) | 61.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Slovenia (%) | 50.5 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
South Africa (%) | 62.8 Jun 2024 | quarterly | Mar 1960 - Jun 2024 |
Spain (%) | 55.1 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
Sri Lanka (%) | 66.4 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
Sudan (%) | 77.8 2016 | yearly | 1976 - 2016 |
Sweden (%) | 44.9 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Switzerland (%) | 50.3 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
Syria (%) | 114.8 2022 | yearly | 1970 - 2022 |
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Learn more about what we doThailand 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: Trade Balance: Custom Basis (THB mn) | 2,738.408 Sep 2024 | monthly | Jan 1991 - 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 |
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 |
Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) | -79.510 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
FDI: Mining & Quarrying (THB mn) | 2,246.470 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: Narrow Money (NM) (THB mn) | 3,236,923.000 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
MA: Quasi Money (THB mn) | 22,567,177.000 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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