Services, value added in Thailand

Thailand: Services, value added was 347.25 billion current US$ in 2025. ◆ Volatile

Latest (2025)
347.25 billion current US$
Change on year
up 10.7%
World rank
30th
of 205 countries
All-time high
347.25 billion current US$
in 2025
All-time low
60.96 billion current US$
in 1998
Years of data
33
1993–2025

Services, value added in Thailand, 1993–2025

100.0B200.0B300.0B1993200920251993: 71.0B current US$1994: 79.8B current US$1995: 90.8B current US$1996: 98.6B current US$1997: 81.7B current US$1998: 61.0B current US$1999: 69.3B current US$2000: 69.3B current US$2001: 66.3B current US$2002: 73.1B current US$2003: 80.2B current US$2004: 91.3B current US$2005: 99.0B current US$2006: 114.1B current US$2007: 134.7B current US$2008: 147.0B current US$2009: 145.4B current US$2010: 169.0B current US$2011: 187.0B current US$2012: 203.4B current US$2013: 217.6B current US$2014: 216.5B current US$2015: 220.5B current US$2016: 231.2B current US$2017: 258.2B current US$2018: 289.1B current US$2019: 317.0B current US$2020: 290.1B current US$2021: 284.7B current US$2022: 278.4B current US$2023: 302.6B current US$2024: 313.8B current US$2025: 347.2B current US$

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

Analysis

Thailand recorded 347.25 billion current US$ for services, value added in 2025. That is the highest value across all 33 years on record.

That represents a change of up 10.7% on the previous year and up 57.5% over ten years.

Over the whole period, services, value added in Thailand peaked at 347.25 billion current US$ in 2025 and was at its lowest, 60.96 billion current US$, in 1998.

Thailand ranks 30th of 205 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
1990s 78.87 billion current US$ 60.96 billion current US$ 98.57 billion current US$ 7
2000s 102.03 billion current US$ 66.28 billion current US$ 147.00 billion current US$ 10
2010s 230.96 billion current US$ 169.04 billion current US$ 317.02 billion current US$ 10
2020s 302.80 billion current US$ 278.37 billion current US$ 347.25 billion current US$ 6

Countries ranked near Thailand

  1. 27 Argentina 383.58 billion current US$ compare
  2. 28 Hong Kong 373.46 billion current US$ compare
  3. 29 Austria 371.15 billion current US$ compare
  4. 31 Philippines 313.77 billion current US$ compare
  5. 32 United Arab Emirates 303.23 billion current US$ compare
  6. 33 Norway 292.17 billion current US$ compare

See the full ranking of 252 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 347.25 billion current US$ 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 347.25 billion current US$ in 2025.
What is the lowest services, value added recorded in Thailand?
The lowest recorded value was 60.96 billion current US$ in 1998.
How does Thailand rank for services, value added?
Thailand ranks 30th 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 57.5%. 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 US$). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
Services, value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 10,748 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 indicator is expressed in United States dollars.