Services, value added in Thailand

Thailand: Services, value added was 7.21 trillion constant LCU in 2025. ▲ Rising

Latest (2025)
7.21 trillion constant LCU
Change on year
up 3.1%
World rank
38th
of 198 countries
All-time high
7.21 trillion constant LCU
in 2025
All-time low
2.38 trillion constant LCU
in 1993
Years of data
33
1993–2025

Services, value added in Thailand, 1993–2025

2.0T3.0T4.0T5.0T6.0T7.0T1993200920251993: 2.4T constant LCU1994: 2.5T constant LCU1995: 2.7T constant LCU1996: 2.9T constant LCU1997: 2.8T constant LCU1998: 2.6T constant LCU1999: 2.7T constant LCU2000: 2.9T constant LCU2001: 3.0T constant LCU2002: 3.1T constant LCU2003: 3.3T constant LCU2004: 3.5T constant LCU2005: 3.7T constant LCU2006: 3.9T constant LCU2007: 4.1T constant LCU2008: 4.1T constant LCU2009: 4.1T constant LCU2010: 4.4T constant LCU2011: 4.5T constant LCU2012: 4.9T constant LCU2013: 5.1T constant LCU2014: 5.2T constant LCU2015: 5.5T constant LCU2016: 5.7T constant LCU2017: 6.1T constant LCU2018: 6.4T constant LCU2019: 6.6T constant LCU2020: 6.1T constant LCU2021: 6.2T constant LCU2022: 6.4T constant LCU2023: 6.7T constant LCU2024: 7.0T constant LCU2025: 7.2T constant LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.

Analysis

In 2025, services, value added in Thailand stood at 7.21 trillion constant LCU. That is the highest value across all 33 years on record.

Compared with earlier readings it is up 3.1% on the previous year and up 31.4% over ten years.

Over the whole period, services, value added in Thailand peaked at 7.21 trillion constant LCU in 2025 and was at its lowest, 2.38 trillion constant LCU, in 1993.

That places Thailand 38th out of 198 countries with data for 2025, putting it in the top quarter.

The long-run direction has been consistently rising across the 33 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.67 trillion constant LCU 2.38 trillion constant LCU 2.87 trillion constant LCU 7
2000s 3.56 trillion constant LCU 2.85 trillion constant LCU 4.11 trillion constant LCU 10
2010s 5.45 trillion constant LCU 4.39 trillion constant LCU 6.60 trillion constant LCU 10
2020s 6.60 trillion constant LCU 6.14 trillion constant LCU 7.21 trillion constant LCU 6

Countries ranked near Thailand

  1. 35 Senegal 8.52 trillion constant LCU compare
  2. 36 Sri Lanka 7.68 trillion constant LCU compare
  3. 37 Democratic Republic of Congo 7.36 trillion constant LCU compare
  4. 39 Kenya 6.97 trillion constant LCU compare
  5. 40 Mali 6.07 trillion constant LCU compare
  6. 41 Benin 5.84 trillion constant LCU compare

See the full ranking of 198 places →

More economy & growth data for Thailand

All data for Thailand →

Frequently asked questions

What is services, value added in Thailand?
Services, value added in Thailand was 7.21 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest services, value added recorded in Thailand?
The highest recorded value was 7.21 trillion constant LCU in 2025.
What is the lowest services, value added recorded in Thailand?
The lowest recorded value was 2.38 trillion constant LCU in 1993.
How does Thailand rank for services, value added?
Thailand ranks 38th out of 198 countries with data for 2025.
Is services, value added rising or falling in Thailand?
Over the last ten years it is up 31.4%. The long-run trend across the full record is rising.
Where does this Thailand data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant LCU). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Services, value added (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 7,954 data points, 1960–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 varies by country. This series is expressed in local currency units.