Gross value added at basic prices (GVA) in Thailand

Thailand: Gross value added at basic prices (GVA) was 485.78 billion constant 2015 US$ in 2025. ◆ Volatile

Latest (2025)
485.78 billion constant 2015 US$
Change on year
up 2.4%
World rank
25th
of 193 countries
All-time high
485.78 billion constant 2015 US$
in 2025
All-time low
15.91 billion constant 2015 US$
in 1960
Years of data
66
1960–2025

Gross value added at basic prices (GVA) in Thailand, 1960–2025

0100.0B200.0B300.0B400.0B500.0B196019922025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

The most recent figure for gross value added at basic prices (gva) in Thailand is 485.78 billion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.

That represents a change of up 2.4% on the previous year and up 21.1% over ten years.

Over the whole period, gross value added at basic prices (gva) in Thailand peaked at 485.78 billion constant 2015 US$ in 2025 and was at its lowest, 15.91 billion constant 2015 US$, in 1960.

Thailand ranks 25th of 193 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 22.63 billion constant 2015 US$ 15.91 billion constant 2015 US$ 31.29 billion constant 2015 US$ 10
1970s 47.27 billion constant 2015 US$ 34.86 billion constant 2015 US$ 64.33 billion constant 2015 US$ 10
1980s 90.71 billion constant 2015 US$ 67.66 billion constant 2015 US$ 129.57 billion constant 2015 US$ 10
1990s 192.36 billion constant 2015 US$ 144.04 billion constant 2015 US$ 225.71 billion constant 2015 US$ 10
2000s 279.02 billion constant 2015 US$ 221.46 billion constant 2015 US$ 324.96 billion constant 2015 US$ 10
2010s 400.62 billion constant 2015 US$ 346.97 billion constant 2015 US$ 460.21 billion constant 2015 US$ 10
2020s 457.03 billion constant 2015 US$ 432.17 billion constant 2015 US$ 485.78 billion constant 2015 US$ 6

Countries ranked near Thailand

  1. 22 Sweden 520.16 billion constant 2015 US$ compare
  2. 23 Argentina 504.23 billion constant 2015 US$ compare
  3. 24 Iran 502.83 billion constant 2015 US$ compare
  4. 26 Belgium 484.22 billion constant 2015 US$ compare
  5. 27 Egypt 480.35 billion constant 2015 US$ compare
  6. 28 Philippines 474.84 billion constant 2015 US$ compare

See the full ranking of 227 places →

More economy & growth data for Thailand

All data for Thailand →

Frequently asked questions

What is gross value added at basic prices (gva) in Thailand?
Gross value added at basic prices (gva) in Thailand was 485.78 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross value added at basic prices (gva) recorded in Thailand?
The highest recorded value was 485.78 billion constant 2015 US$ in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Thailand?
The lowest recorded value was 15.91 billion constant 2015 US$ in 1960.
How does Thailand rank for gross value added at basic prices (gva)?
Thailand ranks 25th out of 193 countries with data for 2025.
Is gross value added at basic prices (gva) rising or falling in Thailand?
Over the last ten years it is up 21.1%. The long-run trend across the full record is volatile.
Where does this Thailand data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
227 places, 9,771 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.