Report for Selected Countries and Subjects

Report for Selected Countries and Subjects: October 2021

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Country	Subject Descriptor	Units	Scale	2019	2020	2021	2022	2023	2024	2025	2026
Thailand	Gross domestic product, constant prices	National currency	Billions	10,932.067	10,265.322	10,363.844	10,826.372	11,263.328	11,666.725	12,074.766	12,505.636
Thailand	Gross domestic product, constant prices	Percent change		2.266	-6.099	0.960	4.463	4.036	3.582	3.497	3.568
Thailand	Gross domestic product, current prices	National currency	Billions	16,898.086	15,698.286	16,112.834	16,945.372	17,575.468	18,450.450	19,413.909	20,458.647
Thailand	Gross domestic product, current prices	U.S. dollars	Billions	544.210	501.712	546.223	585.586	617.041	654.644	694.098	734.757
Thailand	Gross domestic product, current prices	Purchasing power parity; international dollars	Billions	1,339.060	1,272.543	1,331.054	1,428.729	1,521.761	1,612.190	1,704.823	1,802.245
Thailand	Gross domestic product, deflator	Index		154.574	152.925	155.472	156.519	156.042	158.146	160.781	163.595
Thailand	Gross domestic product per capita, constant prices	National currency	Units	157,012.219	147,067.697	148,158.954	154,489.869	160,485.529	166,036.417	171,689.882	177,708.462
Thailand	Gross domestic product per capita, constant prices	Purchasing power parity; 2017 international dollar	Units	18,453.470	17,284.701	17,412.956	18,157.021	18,861.684	19,514.074	20,178.519	20,885.876
Thailand	Gross domestic product per capita, current prices	National currency	Units	242,699.389	224,903.882	230,345.094	241,806.619	250,424.050	262,579.815	276,044.414	290,722.900
Thailand	Gross domestic product per capita, current prices	U.S. dollars	Units	7,816.230	7,187.855	7,808.663	8,356.182	8,791.909	9,316.648	9,869.304	10,441.091
Thailand	Gross domestic product per capita, current prices	Purchasing power parity; international dollars	Units	19,232.298	18,231.287	19,028.424	20,387.633	21,682.807	22,944.082	24,240.700	25,610.382
Thailand	Gross domestic product based on purchasing-power-parity (PPP) share of world total	Percent		0.993	0.964	0.920	0.917	0.921	0.923	0.925	0.928
Thailand	Implied PPP conversion rate	National currency per current international dollar		12.619	12.336	12.105	11.860	11.549	11.444	11.388	11.352
Thailand	Total investment	Percent of GDP		23.732	23.881	24.935	24.734	24.548	23.992	24.001	24.109
Thailand	Gross national savings	Percent of GDP		30.753	27.388	24.448	26.844	27.347	27.473	27.279	27.092
Thailand	Inflation, average consumer prices	Index		99.998	99.151	100.003	101.333	102.427	104.015	105.835	107.846
Thailand	Inflation, average consumer prices	Percent change		0.706	-0.847	0.859	1.331	1.080	1.550	1.750	1.900
Thailand	Inflation, end of period consumer prices	Index		99.970	99.700	100.738	101.503	102.924	104.674	106.558	108.689
Thailand	Inflation, end of period consumer prices	Percent change		0.878	-0.270	1.041	0.759	1.400	1.700	1.800	2.000
Thailand	Volume of imports of goods and services	Percent change		-5.167	-13.290	18.268	5.284	5.414	4.544	4.568	4.274
Thailand	Volume of Imports of goods	Percent change		-5.731	-11.776	19.340	5.000	5.200	4.600	4.850	4.600
Thailand	Volume of exports of goods and services	Percent change		-2.954	-19.434	15.924	7.250	8.505	5.972	4.141	4.004
Thailand	Volume of exports of goods	Percent change		-3.667	-5.909	19.949	5.727	1.655	4.164	3.994	3.929
Thailand	Unemployment rate	Percent of total labor force		1.000	2.000	1.500	1.000	1.000	1.000	1.000	1.000
Thailand	Population	Persons	Millions	69.626	69.800	69.951	70.078	70.183	70.266	70.329	70.372
Thailand	General government revenue	National currency	Billions	3,530.927	3,276.102	3,248.626	3,466.265	3,712.764	3,879.212	4,054.431	4,240.378
Thailand	General government revenue	Percent of GDP		20.997	20.602	20.289	20.786	21.070	21.179	21.179	21.179
Thailand	General government total expenditure	National currency	Billions	3,668.002	4,023.774	4,354.992	4,025.843	4,312.863	4,503.696	4,731.268	4,976.158
Thailand	General government total expenditure	Percent of GDP		21.813	25.304	27.198	24.141	24.475	24.588	24.714	24.854
Thailand	General government net lending/borrowing	National currency	Billions	-137.075	-747.672	-1,106.366	-559.578	-600.099	-624.484	-676.837	-735.780
Thailand	General government net lending/borrowing	Percent of GDP		-0.815	-4.702	-6.910	-3.356	-3.406	-3.409	-3.536	-3.675
Thailand	General government structural balance	National currency	Billions	198.608	-316.626	-700.156	-65.819	-75.222	-94.814	-103.909	-166.270
Thailand	General government structural balance	Percent of potential GDP		1.176	-1.846	-3.995	-0.367	-0.410	-0.502	-0.534	-0.828
Thailand	General government primary net lending/borrowing	National currency	Billions	-46.513	-673.163	-1,040.044	-427.724	-416.784	-405.890	-420.137	-436.232
Thailand	General government primary net lending/borrowing	Percent of GDP		-0.277	-4.233	-6.495	-2.565	-2.365	-2.216	-2.195	-2.179
Thailand	General government gross debt	National currency	Billions	6,901.802	7,892.278	9,293.746	9,922.879	10,579.612	11,204.621	11,796.198	12,407.263
Thailand	General government gross debt	Percent of GDP		41.043	49.632	58.043	59.504	60.038	61.172	61.619	61.969
Thailand	Gross domestic product corresponding to fiscal year, current prices	National currency	Billions	16,815.947	15,901.669	16,011.921	16,676.075	17,621.424	18,316.492	19,143.823	20,021.811
Thailand	Current account balance	U.S. dollars	Billions	38.206	17.597	-2.660	12.354	17.267	22.785	22.756	21.921
Thailand	Current account balance	Percent of GDP		7.020	3.507	-0.487	2.110	2.798	3.481	3.279	2.983

Country	Subject Descriptor	Units	Scale	Country/Series-specific Notes	2019	2020	2021	2022	2023	2024	2025	2026	Estimates Start After
Thailand	Gross domestic product, constant prices	National currency	Billions	Source: National Economic and Social Development Board Latest actual data: 2020 National accounts manual used: System of National Accounts (SNA) 1993 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2002 Chain-weighted: Yes, from 1993. Ratio splicing for years before 1993 Primary domestic currency: Thai baht Data last updated: 08/2021	10,932.067	10,265.322	10,363.844	10,826.372	11,263.328	11,666.725	12,074.766	12,505.636	2020
Thailand	Gross domestic product, constant prices	Percent change		See notes for: Gross domestic product, constant prices (National currency).	2.266	-6.099	0.960	4.463	4.036	3.582	3.497	3.568	2020
Thailand	Gross domestic product, current prices	National currency	Billions	Source: National Economic and Social Development Board Latest actual data: 2020 National accounts manual used: System of National Accounts (SNA) 1993 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2002 Chain-weighted: Yes, from 1993. Ratio splicing for years before 1993 Primary domestic currency: Thai baht Data last updated: 08/2021	16,898.086	15,698.286	16,112.834	16,945.372	17,575.468	18,450.450	19,413.909	20,458.647	2020
Thailand	Gross domestic product, current prices	U.S. dollars	Billions	See notes for: Gross domestic product, current prices (National currency).	544.210	501.712	546.223	585.586	617.041	654.644	694.098	734.757	2020
Thailand	Gross domestic product, current prices	Purchasing power parity; international dollars	Billions	See notes for: Gross domestic product, current prices (National currency).	1,339.060	1,272.543	1,331.054	1,428.729	1,521.761	1,612.190	1,704.823	1,802.245	2020
Thailand	Gross domestic product, deflator	Index		See notes for: Gross domestic product, constant prices (National currency) Gross domestic product, current prices (National currency).	154.574	152.925	155.472	156.519	156.042	158.146	160.781	163.595	2020
Thailand	Gross domestic product per capita, constant prices	National currency	Units	See notes for: Gross domestic product, constant prices (National currency) Population (Persons).	157,012.219	147,067.697	148,158.954	154,489.869	160,485.529	166,036.417	171,689.882	177,708.462	2019
Thailand	Gross domestic product per capita, constant prices	Purchasing power parity; 2017 international dollar	Units	See notes for: Gross domestic product, constant prices (National currency) Population (Persons).	18,453.470	17,284.701	17,412.956	18,157.021	18,861.684	19,514.074	20,178.519	20,885.876	2019
Thailand	Gross domestic product per capita, current prices	National currency	Units	See notes for: Gross domestic product, current prices (National currency) Population (Persons).	242,699.389	224,903.882	230,345.094	241,806.619	250,424.050	262,579.815	276,044.414	290,722.900	2019
Thailand	Gross domestic product per capita, current prices	U.S. dollars	Units	See notes for: Gross domestic product, current prices (National currency) Population (Persons).	7,816.230	7,187.855	7,808.663	8,356.182	8,791.909	9,316.648	9,869.304	10,441.091	2019
Thailand	Gross domestic product per capita, current prices	Purchasing power parity; international dollars	Units	See notes for: Gross domestic product, current prices (National currency) Population (Persons).	19,232.298	18,231.287	19,028.424	20,387.633	21,682.807	22,944.082	24,240.700	25,610.382	2019
Thailand	Gross domestic product based on purchasing-power-parity (PPP) share of world total	Percent		See notes for: Gross domestic product, current prices (National currency).	0.993	0.964	0.920	0.917	0.921	0.923	0.925	0.928	2020
Thailand	Implied PPP conversion rate	National currency per current international dollar		See notes for: Gross domestic product, current prices (National currency).	12.619	12.336	12.105	11.860	11.549	11.444	11.388	11.352	2020
Thailand	Total investment	Percent of GDP		Source: National Economic and Social Development Board Latest actual data: 2020 National accounts manual used: System of National Accounts (SNA) 1993 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2002 Chain-weighted: Yes, from 1993. Ratio splicing for years before 1993 Primary domestic currency: Thai baht Data last updated: 08/2021	23.732	23.881	24.935	24.734	24.548	23.992	24.001	24.109	2020
Thailand	Gross national savings	Percent of GDP		Source: National Economic and Social Development Board Latest actual data: 2020 National accounts manual used: System of National Accounts (SNA) 1993 GDP valuation: Market prices Start/end months of reporting year: January/December Base year: 2002 Chain-weighted: Yes, from 1993. Ratio splicing for years before 1993 Primary domestic currency: Thai baht Data last updated: 08/2021	30.753	27.388	24.448	26.844	27.347	27.473	27.279	27.092	2020
Thailand	Inflation, average consumer prices	Index		Source: Ministry of Commerce Latest actual data: 2020 Harmonized prices: No Frequency of source data: Monthly Base year: 2019. Annual data were derived from monthly data received from the authorities Primary domestic currency: Thai baht Data last updated: 08/2021	99.998	99.151	100.003	101.333	102.427	104.015	105.835	107.846	2020
Thailand	Inflation, average consumer prices	Percent change		See notes for: Inflation, average consumer prices (Index).	0.706	-0.847	0.859	1.331	1.080	1.550	1.750	1.900	2020
Thailand	Inflation, end of period consumer prices	Index		Source: Ministry of Commerce Latest actual data: 2020 Harmonized prices: No Frequency of source data: Monthly Base year: 2019. Annual data were derived from monthly data received from the authorities Primary domestic currency: Thai baht Data last updated: 08/2021	99.970	99.700	100.738	101.503	102.924	104.674	106.558	108.689	2020
Thailand	Inflation, end of period consumer prices	Percent change		See notes for: Inflation, end of period consumer prices (Index).	0.878	-0.270	1.041	0.759	1.400	1.700	1.800	2.000	2020
Thailand	Volume of imports of goods and services	Percent change		Source: Central Bank. Downloaded via CEIC Latest actual data: 2020 Base year: 2007 Methodology used to derive volumes: from GEE Formula used to derive volumes: Other Chain-weighted: No Trade System: General trade Excluded items in trade: Smuggled goods and products procured on carriers at sea. Oil coverage: Primary or unrefined products; Secondary or refined products; Other; Valuation of exports: Free on board (FOB) Valuation of imports: Free on board (FOB) Primary domestic currency: Thai baht Data last updated: 08/2021	-5.167	-13.290	18.268	5.284	5.414	4.544	4.568	4.274	2020
Thailand	Volume of Imports of goods	Percent change		Source: Central Bank. Downloaded via CEIC Latest actual data: 2020 Base year: 2007 Methodology used to derive volumes: from GEE Formula used to derive volumes: Other Chain-weighted: No Trade System: General trade Excluded items in trade: Smuggled goods and products procured on carriers at sea. Oil coverage: Primary or unrefined products; Secondary or refined products; Other; Valuation of exports: Free on board (FOB) Valuation of imports: Free on board (FOB) Primary domestic currency: Thai baht Data last updated: 08/2021	-5.731	-11.776	19.340	5.000	5.200	4.600	4.850	4.600	2020
Thailand	Volume of exports of goods and services	Percent change		Source: Central Bank. Downloaded via CEIC Latest actual data: 2020 Base year: 2007 Methodology used to derive volumes: from GEE Formula used to derive volumes: Other Chain-weighted: No Trade System: General trade Excluded items in trade: Smuggled goods and products procured on carriers at sea. Oil coverage: Primary or unrefined products; Secondary or refined products; Other; Valuation of exports: Free on board (FOB) Valuation of imports: Free on board (FOB) Primary domestic currency: Thai baht Data last updated: 08/2021	-2.954	-19.434	15.924	7.250	8.505	5.972	4.141	4.004	2020
Thailand	Volume of exports of goods	Percent change		Source: Central Bank. Downloaded via CEIC Latest actual data: 2020 Base year: 2007 Methodology used to derive volumes: from GEE Formula used to derive volumes: Other Chain-weighted: No Trade System: General trade Excluded items in trade: Smuggled goods and products procured on carriers at sea. Oil coverage: Primary or unrefined products; Secondary or refined products; Other; Valuation of exports: Free on board (FOB) Valuation of imports: Free on board (FOB) Primary domestic currency: Thai baht Data last updated: 08/2021	-3.667	-5.909	19.949	5.727	1.655	4.164	3.994	3.929	2020
Thailand	Unemployment rate	Percent of total labor force		Source: National Statistics Office. Labour Force Survey, downloaded from CEIC Latest actual data: 2019 Employment type: National definition Primary domestic currency: Thai baht Data last updated: 08/2021	1.000	2.000	1.500	1.000	1.000	1.000	1.000	1.000	2019
Thailand	Population	Persons	Millions	Source: National Statistics Office. Labour Force Survey, downloaded from CEIC Latest actual data: 2019 Primary domestic currency: Thai baht Data last updated: 08/2021	69.626	69.800	69.951	70.078	70.183	70.266	70.329	70.372	2019
Thailand	General government revenue	National currency	Billions	Source: Ministry of Finance or Treasury. Downloaded from MoF website Latest actual data: FY2019/20 Start/end months of reporting year: October/September GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Accrual General government includes: Central Government; Local Government;. Thailand does not have State Government system. Its central government consists of budgetary central government, extra budgetary funds, and institutions and social security funds. Public debt data includes debt of the central government and non-monetary public corporations. It excludes debt of subnational governments and non-guaranteed debt of financial public corporations. Valuation of public debt: Nominal value. Book value. Instruments included in gross and net debt: Insurance Technical Reserves Primary domestic currency: Thai baht Data last updated: 08/2021	3,530.927	3,276.102	3,248.626	3,466.265	3,712.764	3,879.212	4,054.431	4,240.378	2020
Thailand	General government revenue	Percent of GDP		See notes for: General government revenue (National currency).	20.997	20.602	20.289	20.786	21.070	21.179	21.179	21.179	2020
Thailand	General government total expenditure	National currency	Billions	Source: Ministry of Finance or Treasury. Downloaded from MoF website Latest actual data: FY2019/20 Start/end months of reporting year: October/September GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Accrual General government includes: Central Government; Local Government;. Thailand does not have State Government system. Its central government consists of budgetary central government, extra budgetary funds, and institutions and social security funds. Public debt data includes debt of the central government and non-monetary public corporations. It excludes debt of subnational governments and non-guaranteed debt of financial public corporations. Valuation of public debt: Nominal value. Book value. Instruments included in gross and net debt: Insurance Technical Reserves Primary domestic currency: Thai baht Data last updated: 08/2021	3,668.002	4,023.774	4,354.992	4,025.843	4,312.863	4,503.696	4,731.268	4,976.158	2020
Thailand	General government total expenditure	Percent of GDP		See notes for: General government total expenditure (National currency).	21.813	25.304	27.198	24.141	24.475	24.588	24.714	24.854	2020
Thailand	General government net lending/borrowing	National currency	Billions	Source: Ministry of Finance or Treasury. Downloaded from MoF website Latest actual data: FY2019/20 Start/end months of reporting year: October/September GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Accrual General government includes: Central Government; Local Government;. Thailand does not have State Government system. Its central government consists of budgetary central government, extra budgetary funds, and institutions and social security funds. Public debt data includes debt of the central government and non-monetary public corporations. It excludes debt of subnational governments and non-guaranteed debt of financial public corporations. Valuation of public debt: Nominal value. Book value. Instruments included in gross and net debt: Insurance Technical Reserves Primary domestic currency: Thai baht Data last updated: 08/2021	-137.075	-747.672	-1,106.366	-559.578	-600.099	-624.484	-676.837	-735.780	2020
Thailand	General government net lending/borrowing	Percent of GDP		See notes for: General government net lending/borrowing (National currency).	-0.815	-4.702	-6.910	-3.356	-3.406	-3.409	-3.536	-3.675	2020
Thailand	General government structural balance	National currency	Billions	Source: Ministry of Finance or Treasury. Downloaded from MoF website Latest actual data: FY2019/20 Start/end months of reporting year: October/September GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Accrual General government includes: Central Government; Local Government;. Thailand does not have State Government system. Its central government consists of budgetary central government, extra budgetary funds, and institutions and social security funds. Public debt data includes debt of the central government and non-monetary public corporations. It excludes debt of subnational governments and non-guaranteed debt of financial public corporations. Valuation of public debt: Nominal value. Book value. Instruments included in gross and net debt: Insurance Technical Reserves Primary domestic currency: Thai baht Data last updated: 08/2021	198.608	-316.626	-700.156	-65.819	-75.222	-94.814	-103.909	-166.270	2020
Thailand	General government structural balance	Percent of potential GDP		See notes for: General government structural balance (National currency).	1.176	-1.846	-3.995	-0.367	-0.410	-0.502	-0.534	-0.828	2020
Thailand	General government primary net lending/borrowing	National currency	Billions	Source: Ministry of Finance or Treasury. Downloaded from MoF website Latest actual data: FY2019/20 Start/end months of reporting year: October/September GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Accrual General government includes: Central Government; Local Government;. Thailand does not have State Government system. Its central government consists of budgetary central government, extra budgetary funds, and institutions and social security funds. Public debt data includes debt of the central government and non-monetary public corporations. It excludes debt of subnational governments and non-guaranteed debt of financial public corporations. Valuation of public debt: Nominal value. Book value. Instruments included in gross and net debt: Insurance Technical Reserves Primary domestic currency: Thai baht Data last updated: 08/2021	-46.513	-673.163	-1,040.044	-427.724	-416.784	-405.890	-420.137	-436.232	2020
Thailand	General government primary net lending/borrowing	Percent of GDP		See notes for: General government primary net lending/borrowing (National currency).	-0.277	-4.233	-6.495	-2.565	-2.365	-2.216	-2.195	-2.179	2020
Thailand	General government gross debt	National currency	Billions	Source: Ministry of Finance or Treasury. Downloaded from MoF website Latest actual data: FY2019/20 Start/end months of reporting year: October/September GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Accrual General government includes: Central Government; Local Government;. Thailand does not have State Government system. Its central government consists of budgetary central government, extra budgetary funds, and institutions and social security funds. Public debt data includes debt of the central government and non-monetary public corporations. It excludes debt of subnational governments and non-guaranteed debt of financial public corporations. Valuation of public debt: Nominal value. Book value. Instruments included in gross and net debt: Insurance Technical Reserves Primary domestic currency: Thai baht Data last updated: 08/2021	6,901.802	7,892.278	9,293.746	9,922.879	10,579.612	11,204.621	11,796.198	12,407.263	2020
Thailand	General government gross debt	Percent of GDP		See notes for: General government gross debt (National currency).	41.043	49.632	58.043	59.504	60.038	61.172	61.619	61.969	2020
Thailand	Gross domestic product corresponding to fiscal year, current prices	National currency	Billions	Source: Ministry of Finance or Treasury. Downloaded from MoF website Latest actual data: FY2019/20 Start/end months of reporting year: October/September GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Accrual General government includes: Central Government; Local Government;. Thailand does not have State Government system. Its central government consists of budgetary central government, extra budgetary funds, and institutions and social security funds. Public debt data includes debt of the central government and non-monetary public corporations. It excludes debt of subnational governments and non-guaranteed debt of financial public corporations. Valuation of public debt: Nominal value. Book value. Instruments included in gross and net debt: Insurance Technical Reserves Primary domestic currency: Thai baht Data last updated: 08/2021	16,815.947	15,901.669	16,011.921	16,676.075	17,621.424	18,316.492	19,143.823	20,021.811	2020
Thailand	Current account balance	U.S. dollars	Billions	Source: Central Bank. Downloaded via CEIC; Prior to 2005 data come from IMF Statistics Department. Latest actual data: 2020 BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6). The authorities issue BPM6 historical data back from 2005 and discontinued the BPM5 series. Primary domestic currency: Thai baht Data last updated: 08/2021	38.206	17.597	-2.660	12.354	17.267	22.785	22.756	21.921	2020
Thailand	Current account balance	Percent of GDP		See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).	7.020	3.507	-0.487	2.110	2.798	3.481	3.279	2.983	2020

International Monetary Fund, World Economic Outlook Database October 2021

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Report for Selected Countries and Subjects: October 2021