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Thailand real GDP

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THGDPCP chart


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Key data points


Last release
—
Observation period
Q2 2024
Next release
—
Forecast
—
Highest
‪2.78 T‬ THB on Jun 30, 2024
Lowest
‪1.04 T‬ THB on Mar 31, 1993

About Thailand real GDP


Category
GDP
Source
NESDB
Frequency
Quarterly
Units
THB

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THFYGDPG
Full Year GDP Growth
THGDP
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THGDPA
GDP From Agriculture
THGDPC
GDP From Construction
THGDPMAN
GDP From Manufacturing
THGDPMIN
GDP From Mining
THGDPPA
GDP From Public Administration
THGDPPC
GDP Per Capita
THGDPPCP
GDP Per Capita PPP
THGDPQQ
GDP Growth Rate
THGDPT
GDP From Transport
THGDPU
GDP From Utilities
THGDPYY
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THGFCF
Gross Fixed Capital Formation
THGNP
Gross National Product

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Thailand real GDP was 2.776 T THB, and the quarter before that it reached 2.755 T THB.