THA · East Asia & Pacific / East Asia & Pacific (excluding high income)

Location

GDP per capita: 7,347 USD (PPP: 24,712 intl$) · Total GDP: 526.5 billion USD (2024)

Income and purchasing power

The average monthly income in Thailand is 592 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Cost of Living

Cost of living indices are relative to New York City (NYC = 100). Lower index means lower costs. Data as of November 2025.

Cost of Living Index
42.0
Est. monthly cost: $1,470
58.0% cheaper than NYC
Rent Index
22.0
1-bedroom, center: $616/month
78.0% cheaper than NYC
Groceries Index
45.0
Per person/month: $203
55.0% cheaper than NYC
Restaurant Price Index
38.0
Mid-range meal: $8
Purchasing Power Index
55.0
45.0% lower than NYC
(Higher is better)

How to read: All indices are relative to New York City (NYC = 100). An index of 70 means costs are 30% lower than NYC. Estimated prices are calculated based on NYC reference prices.

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Economic performance 2024

Indicator Value Per Capita
GDP 526.52 billion USD 7,347 USD
Gross National Product (GNI) 7,100 USD
GDP (PPP) 24,712 intl$

Development of gross domestic product in billions of USD 1960 - 2024

Year GDP (billions USD) GDP per capita (USD)
2024 526.52 7,347
2023 515.91 7,195
2022 495.64 6,909
2021 506.19 7,057
2020 500.46 6,986
2019 543.98 7,606
2018 506.75 7,100
2017 456.36 6,413
2016 413.37 5,834
2015 401.30 5,689
2014 407.34 5,801
2013 420.33 6,018
2012 397.56 5,726
2011 370.82 5,374
2010 341.10 4,974
2009 281.71 4,135
2008 291.38 4,309
2007 262.94 3,919
2006 221.76 3,331
2005 189.32 2,868
2004 172.90 2,642
2003 152.28 2,348
2002 134.30 2,090
2001 120.30 1,890
2000 126.39 2,006
1999 126.67 2,033
1998 113.68 1,848
1997 150.18 2,473
1996 183.04 3,055
1995 169.28 2,864
1994 146.68 2,518
1993 128.89 2,245
1992 111.45 1,972
1991 98.23 1,766
1990 85.34 1,559
1989 72.25 1,342
1988 61.67 1,164
1987 50.54 970
1986 43.10 842
1985 38.90 774
1984 41.80 847
1983 40.04 827
1982 36.59 770
1981 34.85 748
1980 32.35 709
1979 27.37 612
1978 24.01 548
1977 19.78 462
1976 16.99 405
1975 14.88 364
1974 13.70 343
1973 10.84 278
1972 8.18 216
1971 7.38 200
1970 7.09 197
1969 6.70 191
1968 6.08 179
1967 5.64 171
1966 5.28 165
1965 4.39 141
1964 3.89 129
1963 3.54 121
1962 3.31 116
1961 3.03 110
1960 2.76 103

Largest economic sectors

The main economic sectors in Thailand play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Thailand Per Capita
Imports 351.17 billion USD (66.7% of GDP)
Exports 368.82 billion USD (70.0% of GDP)

Household debt and deficits 2024

Indicator Thailand
Government debt 327.49 billion USD (62.2% of GDP)
Household debt 1,030.78 billion USD (195.8% of GDP)

Corruption in Thailand

The Corruption Perceptions Index (CPI) measures the perceived levels of public sector corruption. The scale ranges from 0 (highly corrupt) to 100 (very clean).

Corruption Perceptions Index
36.0
Year: 2024
Corrupt
Scale: 0-100
Data source: Transparency International

Unemployment rates in percentages 1991 - 2025

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2025 0.8%
2024 0.8%
2023 0.7%
2022 0.9%
2021 1.2%
2020 1.1%
2019 0.7%
2018 0.8%
2017 0.8%
2016 0.7%
2015 0.6%
2014 0.6%
2013 0.2%
2012 0.6%
2011 0.7%
2010 0.6%
2009 1.5%
2008 1.2%
2007 1.2%
2006 1.2%
2005 1.4%
2004 1.5%
2003 1.5%
2002 1.8%
2001 2.6%
2000 2.4%
1999 3.0%
1998 3.4%
1997 0.9%
1996 1.1%
1995 1.1%
1994 1.3%
1993 1.5%
1992 1.4%
1991 2.6%

Inflation rates in percentages 1960 - 2024

Year Inflation Rate (%)
2024 1.4%
2023 8.5%
2022 -1.6%
2021 1.2%
2020 -0.8%
2019 0.7%
2018 1.1%
2017 0.7%
2016 0.2%
2015 -0.9%
2014 1.9%
2013 2.2%
2012 3.0%
2011 3.8%
2010 3.2%
2009 -0.8%
2008 5.5%
2007 2.2%
2006 4.6%
2005 4.5%
2004 2.8%
2003 1.8%
2002 0.7%
2001 1.6%
2000 1.6%
1999 0.3%
1998 8.0%
1997 5.6%
1996 5.8%
1995 5.8%
1994 5.0%
1993 3.3%
1992 4.1%
1991 5.7%
1990 5.9%
1989 5.4%
1988 3.9%
1987 2.5%
1986 1.8%
1985 2.4%
1984 0.9%
1983 3.7%
1982 5.3%
1981 12.7%
1980 19.7%
1979 9.9%
1978 7.9%
1977 7.6%
1976 4.1%
1975 5.3%
1974 24.3%
1973 15.5%
1972 4.8%
1971 0.5%
1970 -0.1%
1969 2.5%
1968 1.8%
1967 4.3%
1966 4.0%
1965 0.2%
1964 -0.8%
1962 3.7%
1961 7.4%
1960 -0.8%

Frequently Asked Questions

What is the GDP per capita of Thailand in 2024?

The GDP per capita of Thailand is 7,347 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 24,712 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Thailand?

The main economic sectors in Thailand include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Thailand in 2024?

The inflation rate in Thailand is 1.4% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Thailand including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Thailand's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Thailand's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: June 2026