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Thailand: Exports of goods and services (% of GDP)

In , Thailand's Exports of goods and services (% of GDP) was 70.05.

That's up 7.0% from 2023, the highest value since .

The global average for this indicator in 2024 was 44.26 . Thailand ranks #28 globally out of 160 reporting countries. Within East Asia & Pacific, it ranks #8 of 24.

Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024

Trend (2005–2024)

Thailand Exports of goods and services (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
71.42
Trough
51.49
1-year change
+7.0%
5-year change
+17.7%
+3.3% / yr
10-year change
+2.4%
+0.2% / yr

Historical Data — Last 10 Years

Year Exports of goods and services (% of GDP)
70.0497
65.4446
65.3728
58.5594
51.4944
59.5189
64.8381
66.6728
67.0709
67.6367

About Exports of goods and services (% of GDP)

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.EXP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Thailand's Exports of goods and services (% of GDP) in 2024?
In 2024, Thailand's Exports of goods and services (% of GDP) was 70.05, according to World Bank Open Data.
Is Thailand's Exports of goods and services (% of GDP) rising or falling?
Thailand's Exports of goods and services (% of GDP) rose 7.0% from 2023 to 2024.
How does Thailand rank globally on Exports of goods and services (% of GDP)?
In 2024, Thailand ranked #28 out of 160 countries reporting Exports of goods and services (% of GDP).
How does Thailand's Exports of goods and services (% of GDP) compare to the world average?
The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Thailand is above the world average. Within East Asia & Pacific, it ranks #8 of 24.
What is Exports of goods and services (% of GDP) and how is it measured?
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.