Services, value added in Thailand

Thailand: Services, value added was 11.42 trillion current LCU in 2025. ◆ Volatile

Latest (2025)
11.42 trillion current LCU
Change on year
up 3.1%
World rank
44th
of 205 countries
All-time high
11.42 trillion current LCU
in 2025
All-time low
1.80 trillion current LCU
in 1993
Years of data
33
1993–2025

Services, value added in Thailand, 1993–2025

2.0T4.0T6.0T8.0T10.0T12.0T1993200920251993: 1.8T current LCU1994: 2.0T current LCU1995: 2.3T current LCU1996: 2.5T current LCU1997: 2.6T current LCU1998: 2.5T current LCU1999: 2.6T current LCU2000: 2.8T current LCU2001: 2.9T current LCU2002: 3.1T current LCU2003: 3.3T current LCU2004: 3.7T current LCU2005: 4.0T current LCU2006: 4.3T current LCU2007: 4.6T current LCU2008: 4.9T current LCU2009: 5.0T current LCU2010: 5.4T current LCU2011: 5.7T current LCU2012: 6.3T current LCU2013: 6.7T current LCU2014: 7.0T current LCU2015: 7.6T current LCU2016: 8.2T current LCU2017: 8.8T current LCU2018: 9.3T current LCU2019: 9.8T current LCU2020: 9.1T current LCU2021: 9.1T current LCU2022: 9.8T current LCU2023: 10.5T current LCU2024: 11.1T current LCU2025: 11.4T current LCU

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

Analysis

The most recent figure for services, value added in Thailand is 11.42 trillion current LCU, measured in 2025. That is the highest value across all 33 years on record.

That represents a change of up 3.1% on the previous year and up 51.2% over ten years.

Over the whole period, services, value added in Thailand peaked at 11.42 trillion current LCU in 2025 and was at its lowest, 1.80 trillion current LCU, in 1993.

That places Thailand 44th out of 205 countries with data for 2025, putting it 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
1990s 2.32 trillion current LCU 1.80 trillion current LCU 2.62 trillion current LCU 7
2000s 3.87 trillion current LCU 2.78 trillion current LCU 4.98 trillion current LCU 10
2010s 7.48 trillion current LCU 5.36 trillion current LCU 9.84 trillion current LCU 10
2020s 10.16 trillion current LCU 9.08 trillion current LCU 11.42 trillion current LCU 6

Countries ranked near Thailand

  1. 41 Algeria 17.26 trillion current LCU compare
  2. 42 Malawi 12.71 trillion current LCU compare
  3. 43 Rwanda 12.24 trillion current LCU compare
  4. 45 Senegal 9.98 trillion current LCU compare
  5. 46 Kenya 9.68 trillion current LCU compare
  6. 47 Egypt 8.58 trillion current LCU compare

See the full ranking of 205 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 11.42 trillion current 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 11.42 trillion current LCU in 2025.
What is the lowest services, value added recorded in Thailand?
The lowest recorded value was 1.80 trillion current LCU in 1993.
How does Thailand rank for services, value added?
Thailand ranks 44th out of 205 countries with data for 2025.
Is services, value added rising or falling in Thailand?
Over the last ten years it is up 51.2%. 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 Services, value added (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Services, value added (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 8,629 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.