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Thailand real GDP

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Key data points


Last release
—
Observation period
Q3 2024
Next release
—
Forecast
—
Highest
‪2.81 T‬ THB on Sep 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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Full Year GDP Growth
THGDP
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GDP From Agriculture
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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
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GDP From Utilities
THGDPYY
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THGFCF
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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 2.81 T THB, and the quarter before that it reached 2.78 T THB.