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Compare Thailand Economy with other countries. Thailand economy rankings: GDP - 26, GDP growth 5-year average - 86, GPD per capita - 89, economic freedom index - 47, business freedom index - 16 ...
The economy of Thailand is dependent on exports, which accounted in 2021 for about 58 per cent of the country's gross domestic product (GDP). [25] Thailand itself is a newly industrialized country, with a GDP of 17.922 trillion baht (US$514.8 billion) in 2023, the 9th largest economy in Asia. [26]
GDP (current US$) - Thailand. World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. LineBarMap.
Thailand Global Economic Prospects examines trends for the world economy and how they affect developing countries. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets.
Rating definitions: A: As good as it gets. B: Good. C: Use with caution. D: Poor. E: Extremely poor quality. The index calculations and displayed data are derived from the most current and up-to-date source data available. +. Data Quality Ratings. Informal Economy Size. GDP Data Base Year. SNA Framework Used. Statistical Capacity Index.
Thailand has made remarkable progress in reducing poverty from 58% in 1990 to 6.8% in 2020 driven by high growth rates and structural transformation. But 79% of the poor remain in rural areas and mainly in agricultural households.
Worldwide gross domestic product in 2023 was at about 13,133 USD per capita. GDP in Thailand, on the other hand, reached USD 7,172 per capita, or 514.94 billion USD for the whole country. Thailand is therefore currently ranked 28 of the major economies. Inflation in Thailand in 2023 was around 1.23%.
