Thailand GDP Growth Rate (2026)
Thailand has a diversified Southeast Asian economy supported by tourism, manufacturing, exports, agriculture, and domestic consumption. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+1.5%
Annual real GDP growth
World Rank
#157
Out of 195 countries
Change vs 2025
-0.9 pp
2025: +2.4%
Asia Rank
#40
Out of 49 countries
1. Thailand GDP Growth Rate in 2026
Thai economic growth is influenced by tourism, exports, manufacturing, consumer spending, and investment. Global demand, Chinese economic conditions, and international travel trends remain especially important.
2. Thailand GDP Growth Rate Trends (1980–2026)
Thailand’s growth history has been shaped by industrialization, tourism expansion, export manufacturing, and regional integration. Political uncertainty and external downturns have periodically affected economic performance.
3. Thailand GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +1.5% | -0.9 pp |
| 2025 | +2.4% | -0.5 pp |
| 2024 | +2.9% | +0.7 pp |
| 2023 | +2.2% | -0.5 pp |
| 2022 | +2.7% | +1.1 pp |
| 2021 | +1.6% | +7.7 pp |
| 2020 | -6.1% | -8.2 pp |
| 2019 | +2.1% | -2.1 pp |
| 2018 | +4.2% | 0.0 pp |
| 2017 | +4.2% | +0.8 pp |
| 2016 | +3.4% | +0.3 pp |
| 2015 | +3.1% | +2.1 pp |
| 2014 | +1.0% | -1.7 pp |
| 2013 | +2.7% | -4.5 pp |
| 2012 | +7.2% | +6.4 pp |
| 2011 | +0.8% | -6.7 pp |
| 2010 | +7.5% | +8.2 pp |
| 2009 | -0.7% | -2.4 pp |
| 2008 | +1.7% | -3.7 pp |
| 2007 | +5.4% | +0.4 pp |
| 2006 | +5.0% | +0.8 pp |
| 2005 | +4.2% | -2.1 pp |
| 2004 | +6.3% | -0.9 pp |
| 2003 | +7.2% | +1.1 pp |
| 2002 | +6.1% | +2.7 pp |
| 2001 | +3.4% | -1.1 pp |
| 2000 | +4.5% | -0.1 pp |
| 1999 | +4.6% | +12.2 pp |
| 1998 | -7.6% | -4.8 pp |
| 1997 | -2.8% | -8.5 pp |
| 1996 | +5.7% | -2.4 pp |
| 1995 | +8.1% | +0.1 pp |
| 1994 | +8.0% | -0.7 pp |
| 1993 | +8.7% | -0.5 pp |
| 1992 | +9.2% | +0.8 pp |
| 1991 | +8.4% | -3.2 pp |
| 1990 | +11.6% | -0.6 pp |
| 1989 | +12.2% | -1.1 pp |
| 1988 | +13.3% | +3.8 pp |
| 1987 | +9.5% | +4.0 pp |
| 1986 | +5.5% | +0.9 pp |
| 1985 | +4.6% | -1.2 pp |
| 1984 | +5.8% | +0.2 pp |
| 1983 | +5.6% | +0.2 pp |
| 1982 | +5.4% | -0.5 pp |
| 1981 | +5.9% | +1.3 pp |
| 1980 | +4.6% | — |
4. Thailand GDP Growth Performance
Current Growth Rate
+1.5%
(2026 to 2026)
5-Year Average
+2.3%
(2022 to 2026)
10-Year Average
+1.8%
(2017 to 2026)
20-Year Average
+2.5%
(2007 to 2026)
Thailand benefits from recovering tourism, a strong manufacturing base, and regional trade links. Weak domestic demand, household debt, and slower global trade can limit the pace of economic expansion.
5. Thailand GDP Growth Rate vs Asia and World
Thailand
+1.5%
Asia Average
+2.4%
World Average
+2.8%
0.0%
1.4%
2.8%
Annual real GDP growth (%)
Thailand’s GDP growth rate is approximately
0.9 pp
below the
Asia average
and
1.3 pp
below the world average.
6. Thailand GDP Growth Rate Ranking in Asia
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #36 | Brunei | +2.6% |
| #37 | Turkmenistan | +2.6% |
| #38 | Azerbaijan | +2.2% |
| #39 | South Korea | +1.9% |
| #40 | Thailand | +1.5% |
| #41 | Japan | +0.7% |
| #42 | Yemen | +0.5% |
| #43 | Bahrain | -0.5% |
| #44 | Kuwait | -0.6% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Thailand
Thailand GDP (Nominal)
$580.0 Billion
(2026)
Thailand GDP Growth Rate
+1.5%
(2026)
Thailand often grows more slowly than some faster-expanding Southeast Asian economies but remains an important regional manufacturing and tourism hub. External demand plays a major role in relative performance.
Explore more:
Thailand GDP
9. Thailand GDP Growth Rate Forecast
The outlook depends on tourism, exports, investment, consumer demand, and regional trade. Household debt, political uncertainty, and weaker global manufacturing demand remain important risks.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +2.1% | +0.6 pp |
| 2028 | +2.3% | +0.2 pp |
| 2029 | +2.5% | +0.2 pp |
| 2030 | +2.5% | 0.0 pp |
10. Thailand GDP Growth Rate: Key Findings
Thailand GDP growth rate is estimated at +1.5% in 2026.
It ranks #157 globally and #40 in Asia by annual GDP growth rate.
The growth rate slowed by 0.9 percentage points compared with 2025.
The 5-year average GDP growth rate is +2.3%.
The 10-year average GDP growth rate is +1.8%.
The current rate is 0.9 percentage points below the Asia average.
The current rate is 1.3 percentage points below the world average.
The forecast GDP growth rate is +2.5% in 2030, 1.0 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Thailand GDP Growth Rate FAQs
Thailand GDP growth rate is estimated at +1.5% in 2026.
Thailand ranks #157 globally and #40 in Asia by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +1.5% in 2026.
Thailand GDP growth rate was +3.1% in 2015.
Thailand GDP growth rate is 0.9 percentage points below the Asia average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.