th Thailand 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$500.46 billion

↓ 8.00% vs 2019
GDP per Capita

$6,985.64

↓ 8.15% vs 2019
GDP Growth (Annual %)

-6.05%

↓ 8.16pp vs 2019
Inflation Rate (CPI %)

-0.85%

↓ 1.55pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $543.98 billion $500.46 billion -8.00%
GDP per Capita $7,605.70 $6,985.64 -8.15%
GDP Growth (Annual %) 2.11% -6.05% -8.16pp
Inflation (CPI %) 0.71% -0.85% -1.55pp
Unemployment Rate (%) 0.72% 1.10% +0.38pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$500.46 billion
GDP per Capita
$6,985.64
GDP Growth (Annual %)
-6.05%
Gross National Income
$489.37 billion
Prices & Employment
Inflation (CPI %)
-0.85%
Inflation (GDP Deflator %)
-1.30%
Unemployment Rate (%)
1.10%
Interest Rate (Real %)
4.65%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
4.18%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Thailand's Gross Domestic Product (GDP) is $500.46 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Thailand for 2020 is $6,985.64. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Thailand for 2020 is -0.85%. This measures the annual percentage change in the cost of consumer goods and services.

Thailand's annual GDP growth rate for 2020 is -6.05%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Thailand for 2020 is 1.10%. This represents the percentage of the labor force that is unemployed and actively seeking employment.