Thailand GDP Growth (1961-2023)
Thailand's economy showed strong growth in the 1960s and 1980s, peaking at in 1988 as exports surged. The 1997 Asian Financial Crisis severely impacted GDP, with a - contraction in 1998. Economic recovery was steady until the 2008 global crisis, with a minor - decline in 2009. COVID-19 caused a - contraction in 2020, followed by modest recovery to in 2022. In 2023, growth was , affected by slowdowns in trade and tourism.
Gain a broader perspective by reviewing Thailand’s government debt share, Thailand’s agriculture share in GDP, Thailand’s population numbers.
