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Thailand GDP by year, 1960 to 2025

Thailand's GDP reached a record $577 billion in 2025, 29th in the world, after the Asian financial crisis cut it 38% in 1997 and 1998.

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What the data shows

  • Thailand: $3B in 1960, $577B in 2025.
  • Singapore: $1B in 1960, $604B in 2025.
  • Austria: $7B in 1960, $580B in 2025 (88× higher).
  • Norway: $5B in 1960, $531B in 2025. It peaked at $617B in 2022.

About this chart

Thailand's GDP stood at $183 billion in 1996, just before the Asian financial crisis, then fell 18 percent in 1997 to $150 billion and a further 24 percent in 1998 to $114 billion, a combined drop of about 38 percent. GDP was $126 billion in 2000, $341 billion in 2010 and a record $577 billion in 2025. Thailand ranked 39th in the world in 1980, 31st in 2000 and 29th in 2025.

In the race with its three nearest economies, Thailand in 2025 trails Singapore ($604 billion) and Austria ($580 billion) and is ahead of Norway ($531 billion). Thailand passed Austria in 2015 and led until 2024, when Austria moved back in front. It overtook Norway in 2023 after trading places with it several times. Figures are nominal current US dollars, not adjusted for inflation or purchasing power.

The data

Source: World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, billions. Retrieved November 4, 2026.

Thailand's GDP, GDP in current US$ billions, 1960 to 2025, 1960–2025
Date🇹🇭 Thailand🇸🇬 Singapore🇦🇹 Austria🇳🇴 Norway
1960$3B$1B$7B$5B
1961$3B$1B$7B$6B
1962$3B$1B$8B$6B
1963$4B$1B$8B$7B
1964$4B$1B$9B$7B
1965$4B$1B$10B$8B
1966$5B$1B$11B$9B
1967$6B$1B$12B$10B
1968$6B$1B$13B$10B
1969$7B$2B$14B$11B
1970$7B$2B$15B$13B
1971$7B$2B$18B$15B
1972$8B$3B$22B$17B
1973$11B$4B$29B$22B
1974$14B$5B$35B$27B
1975$15B$6B$40B$33B
1976$17B$6B$43B$36B
1977$20B$7B$51B$41B
1978$24B$8B$62B$46B
1979$27B$9B$74B$53B
1980$32B$12B$82B$64B
1981$35B$14B$71B$63B
1982$37B$16B$71B$63B
1983$40B$18B$72B$61B
1984$42B$20B$68B$62B
1985$39B$19B$69B$65B
1986$43B$19B$99B$78B
1987$51B$21B$124B$94B
1988$62B$25B$133B$102B
1989$72B$31B$133B$102B
1990$85B$36B$166B$119B
1991$98B$46B$173B$121B
1992$112B$52B$194B$130B
1993$129B$61B$190B$120B
1994$147B$74B$203B$126B
1995$169B$88B$240B$151B
1996$183B$96B$236B$162B
1997$150B$100B$212B$160B
1998$114B$86B$217B$153B
1999$127B$86B$216B$161B
2000$126B$96B$196B$171B
2001$120B$90B$197B$174B
2002$134B$93B$213B$195B
2003$152B$98B$261B$229B
2004$173B$115B$299B$266B
2005$189B$128B$314B$311B
2006$222B$149B$334B$350B
2007$263B$181B$387B$408B
2008$291B$194B$429B$472B
2009$282B$194B$399B$396B
2010$341B$240B$390B$440B
2011$371B$279B$429B$513B
2012$398B$295B$407B$525B
2013$420B$308B$427B$540B
2014$407B$315B$439B$516B
2015$401B$308B$380B$401B
2016$413B$321B$394B$383B
2017$456B$345B$415B$416B
2018$507B$378B$453B$455B
2019$544B$377B$443B$424B
2020$500B$351B$434B$382B
2021$506B$441B$481B$522B
2022$496B$514B$473B$617B
2023$517B$511B$517B$502B
2024$529B$573B$535B$501B
2025$577B$604B$580B$531B

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Frequently asked questions

What is Thailand's GDP?

Thailand's GDP was about $577 billion in 2025, according to the World Bank, in current US dollars. That ranks 29th in the world and is the highest value in the series.

What happened to Thailand's GDP in 1997 and 1998?

Thailand's GDP fell 18 percent in 1997, from $183 billion to $150 billion, and another 24 percent in 1998, to $114 billion. The two years are the deepest decline in the data and coincided with the Asian financial crisis.

Which economies are closest to Thailand's in size?

In 2025 the nearest were Singapore at $604 billion, Austria at $580 billion and Norway at $531 billion. Thailand sat between Austria and Norway, only about $2.5 billion behind Austria.

Where does this data come from?

World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, billions. Retrieved November 4, 2026. You can download the full table as a CSV from this page.

Can I turn this chart into a video?

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