Gross value added at basic prices (GVA) in Thailand

Thailand: Gross value added at basic prices (GVA) was 577.01 billion current US$ in 2025. ◆ Volatile

Latest (2025)
577.01 billion current US$
Change on year
up 9.0%
World rank
25th
of 206 countries
All-time high
577.01 billion current US$
in 2025
All-time low
2.76 billion current US$
in 1960
Years of data
66
1960–2025

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

0200.0B400.0B600.0B196019922025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

In 2025, gross value added at basic prices (gva) in Thailand stood at 577.01 billion current US$. That is the highest value across all 66 years on record.

Compared with earlier readings it is up 9.0% on the previous year and up 43.8% over ten years.

Over the whole period, gross value added at basic prices (gva) in Thailand peaked at 577.01 billion current US$ in 2025 and was at its lowest, 2.76 billion current US$, in 1960.

Thailand ranks 25th of 206 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 4.46 billion current US$ 2.76 billion current US$ 6.70 billion current US$ 10
1970s 15.02 billion current US$ 7.09 billion current US$ 27.37 billion current US$ 10
1980s 45.21 billion current US$ 32.35 billion current US$ 72.25 billion current US$ 10
1990s 131.34 billion current US$ 85.34 billion current US$ 183.03 billion current US$ 10
2000s 195.33 billion current US$ 120.30 billion current US$ 291.38 billion current US$ 10
2010s 425.89 billion current US$ 341.11 billion current US$ 543.98 billion current US$ 10
2020s 520.90 billion current US$ 495.69 billion current US$ 577.01 billion current US$ 6

Countries ranked near Thailand

  1. 22 Belgium 657.04 billion current US$ compare
  2. 23 Sweden 599.18 billion current US$ compare
  3. 24 Argentina 577.62 billion current US$ compare
  4. 26 Singapore 569.37 billion current US$ compare
  5. 27 United Arab Emirates 552.33 billion current US$ compare
  6. 28 Austria 517.41 billion current US$ compare

See the full ranking of 244 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 577.01 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Thailand?
The highest recorded value was 577.01 billion current US$ in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Thailand?
The lowest recorded value was 2.76 billion current US$ in 1960.
How does Thailand rank for gross value added at basic prices (gva)?
Thailand ranks 25th out of 206 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 43.8%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.