GERD as a percentage of GDP in Thailand

Thailand: GERD as a percentage of GDP was 0.9% in 2023. ◆ Volatile

Latest (2023)
0.9%
Change on year
down 19.2%
World rank
44th
of 116 countries
All-time high
1.3%
in 2020
All-time low
0.1%
in 1997
Years of data
25
1996–2023

GERD as a percentage of GDP in Thailand, 1996–2023

00.250.50.7511.21996200920231996: 0.1191997: 0.1021999: 0.2482000: 0.2452001: 0.2522002: 0.2312003: 0.2452004: 0.2382005: 0.2192006: 0.2332007: 0.2012008: 0.2032009: 0.2352011: 0.3612013: 0.4422014: 0.482015: 0.6162016: 0.7782017: 12018: 1.12019: 1.12020: 1.32021: 1.22022: 1.22023: 0.936

Source: UNESCO Institute for Statistics.

Analysis

Thailand recorded 0.9% for gerd as a percentage of gdp in 2023.

That represents a change of down 19.2% on the previous year and up 112.0% over ten years.

Over the whole period, gerd as a percentage of gdp in Thailand peaked at 1.3% in 2020 and was at its lowest, 0.1%, in 1997.

That places Thailand 44th out of 116 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2% 0.1% 0.2% 3
2000s 0.2% 0.2% 0.3% 10
2010s 0.7% 0.4% 1.1% 8
2020s 1.2% 0.9% 1.3% 4

Countries ranked near Thailand

  1. 41 Malaysia 1.0% compare
  2. 42 Serbia 0.9% compare
  3. 43 Russian Federation 0.9% compare
  4. 45 Latvia 0.8% compare
  5. 46 Kenya 0.8% compare
  6. 47 Bulgaria 0.8% compare

See the full ranking of 166 places →

More science & technology data for Thailand

All data for Thailand →

Frequently asked questions

What is gerd as a percentage of gdp in Thailand?
Gerd as a percentage of gdp in Thailand was 0.9% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in Thailand?
The highest recorded value was 1.3% in 2020.
What is the lowest gerd as a percentage of gdp recorded in Thailand?
The lowest recorded value was 0.1% in 1997.
How does Thailand rank for gerd as a percentage of gdp?
Thailand ranks 44th out of 116 countries with data for 2023.
Is gerd as a percentage of gdp rising or falling in Thailand?
Over the last ten years it is up 112.0%. The long-run trend across the full record is volatile.
Where does this Thailand data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in Thailand. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 21 August 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/thailand/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release