RSS
Логотип
Баннер в шапке 1
Баннер в шапке 2
2026/01/12 13:20:06

Economy of Thailand

.

Content

The main articles are:

GDP

2024: GDP growth of 2.5%

At the end GDP Thailand of 2024, it increased by 2.5% after an increase of 2% in 2023. Consumer spending grew by 4.4% (in 2023 - by 6.9%). Government spending rose 2.5% after falling 4.7% in 2023. Business investment in 2024 increased by 1.2%, as in 2023. Such data in February 2025 are given in the report of the Ministry of Economy and Social Development of Thailand.[1]

2023

0.5% of GDP comes from remittances from the United States

Data for 2023

Twentieth in the world in GDP by PPP

2023 data (in billions of international dollars)

2022

Thailand's share of global PPP GDP rises to 0.92%

Main article: World Economy

Source: Spydell Finance

GDP size - $0.52 trillion

Countries by GDP size in 2022, according to the IMF forecast for June

2021

GDP size - $0.55 trillion

GDP countries in the world in 2021 according to the estimates of the International Monetary Fund (IMF)

Cut GDP growth forecast to 2.8%

Thailand's Finance Ministry at the end of January 2021 cut its forecast for GDP growth for 2021 to 2.8%, from the 4.5% it forecast in October 2020.

2019: GDP $530 billion or $7,600 per capita

As of 2019

Non-financial debt

2022: Surge in aggregate non-financial debt to more than 230% of GDP

Source: Spydell Finance, November 2022
Comparison of the 1 quarter of 2022 and the second quarter of 2008
Non-financial debt from September 2004 to March 2022

National debt

2023: State debt - 54% of GDP

Data for September 2023

2017: State debt - 33% of GDP

The ratio of public debt to the country's GDP, 2017

Gold and foreign exchange reserves

2020: 13th place in terms of gold and foreign exchange reserves: $258,240 million for December

Currencies: Bath and cryptocurrencies

Inflation

2024: 1.8% in May

Investments

2021: 5.65 million NFT users

Data for 2021

Minerals

2021

Thailand's share in global rare earth production - 2.9%

Data for 2021

Oil production per day

Oil production in thousands of barrels per day by country in 2021

Power

2020: Energy consumption per capita

and
Energy consumption per capita, including electricity, transport heating in 2019-2020

R&D

2020: R&D spending - $5.2 billion

R&D expenses, as of 2020

Tourism

2025: Tourist flow of Russians to Thailand increased by 8.8% to 1,898,837 visits

At the end of 2025, the flow of Russian citizens to Thailand showed an increase of 8.8% compared to 2024 and reached a historic maximum, amounting to 1,898,837 visits. This result exceeded the previous record year 2013 by 8.7%. The data was provided by the Moscow office of the Tourism Administration of Thailand (TAT) and commented by the Analytical Service of the Association of Tour Operators of Russia (ATOR) on January 3, 2026.

According to ATOR statistics, the total international tourist flow to Thailand in 2025 decreased by 7.23%, amounting to 32,974,321 arrivals. Against this background, the growth of the Russian audience looks exceptional. Russia ranked fourth in the overall ranking of tourist suppliers and first among non-Asian states.

The tourist flow of Russians to Thailand has grown to a new record

The largest decline in arrivals in Thailand was shown, and Cambodia China , and Vietnam positive dynamics was noted in,, Cubes South Korea countries and. CIS Great Britain The Russian tourist flow showed uneven dynamics during the year.

The peak month was December (266,213 visits), the minimum - June (73,616 visits). Despite seasonal fluctuations, the summer period as a whole set a record: 234,287 Russians visited Thailand in June, July and August 2025, which is 5.4% more than in the summer of 2024.

Experts presented forecasts for 2026. It is expected that the growth rate of Russian tourist flow may slow down, as the market reaches a high degree of saturation, and competition from the actively growing Vietnam is intensifying.

However, under favorable conditions - a stable exchange rate, ruble maintaining the volume of air transportation and an acceptable price level - the flow of Russian tourists in 2026 has the potential to overcome the mark of 2 million people.

Tour operators also predict an increase in interest not only in traditional beach resorts, but also in Bangkok, Ko Chang Island, as well as authentic northern provinces such as Chiang Mai.[2]

2024

Tourist flow from Russia to Thailand increased by 18% to 1.7 million people

The number of Russian tourists visiting Thailand reached 1.7 million people in 2024, which is 18% more than in 2023. Such data from the Ministry of Tourism and Sports of Thailand became known in early January 2025.

According to TASS, Russia ranked fifth among all countries in terms of the number of tourists visiting the kingdom, repeating the record figure in 2013. The leading position is occupied by China with 6.7 million tourists, followed by Malaysia - 4.9 million, India - 2.1 million and South Korea - 1.9 million visitors.

Koh Nangyuan Island

The head of the tourism department of Thailand, Thapani Kiatphaibun, explained that the stable growth in the number of Russian tourists over the past three years has been due to the reorientation of tourist flows towards Asia and the Middle East. According to her estimates, the income from Russian tourists in 2024 amounted to about $5 billion.

The total flow of foreign tourists to Thailand reached 35.5 million people in 2024, which is 26% more than in 2023. However, this result did not exceed the record of 2019, when 40 million foreigners visited the country, and the share of the tourism industry in GDP was 12%.[3]

Approaching tourist flow to the level before COVID-19

In October 2024, the Thai authorities expect the number of foreign tourists to reach 40 million in 2025, exceeding the record set before the COVID-19 pandemic.

2023: Growth of tourist flow from Russia 10 times to 203 thousand people in January

Russia took second place in terms of tourist flow to Thailand in January 2023, the number of tourists visiting the country increased 10 times compared to the same period last year to 203 thousand travelers.

2022: The flow of tourists from Russia to Thailand has grown 14 times to 435 thousand people

The tourist flow from Russia to Thailand in 2022 increased by more than 14 times compared to 2021 - up to 435 thousand people - ATOR.

2020

Reduction in tourism revenues due to COVID-19 to $12.9 billion

Percentage decline in tourism revenues from 2019 to 2020

Sharp decline in the number of tourists during the COVID-19 epidemic

2019

40 million foreign tourists

How dependent Thailand is on tourism:% of the industry in GDP

Which countries are most dependent on tourism,% of the industry in GDP, 2019

2018

Data for 2018

Thailand ICT Market

Main Article: Thailand ICT Market

Food industry

2021: 3rd in the world in terms of sugar production

2019: 3rd in the world in terms of palm oil production

Leading countries in palm oil production in 2019

Retail

2024: Thailand has small per capita retail space

In the United States, amid the growth of e-commerce, there is an excess of retail space, which is not yet in danger of Thailand. Data for 2024

2018: Minimum age to purchase alcoholic beverages - 20 years

Data for 2018

Foreign trade

Trade with Russia

Main article: Trade between Russia and Thailand

2024

11th in the world in terms of gold trade

Take-off of exports to Kyrgyzstan

Thailand's exports to Kyrgyzstan rose sharply in July 2024.

It is believed that Thailand has joined the "transshipment" of Western goods to Russia.

The US is becoming the main export destination

2023: World No. 2 rice exporter

2022

The United States is the largest export destination

According to data available for August 2023.

No. 2 in the world in terms of rice exports

Largest rice exporters in 2021-2022

2021

10th in the world in terms of electronics exports with a 3% share

Comparison of the top 10 electronics exporting countries for 2000 and 2021. Data for 2023

China's tenth largest trading partner

2019: Computer device exports $12bn

The volume of exports of computer devices in countries of the world, 2019

2018: Clothing exports - $3.8 billion

2018 data

Agriculture

2021: 7th in the world for pineapples - 1.738 million tons

Data for 2021

2019: Low use of pesticides in agriculture

As of 2019

Real estate

2023: Chinese and Russians top list of foreign condo buyers in Thailand

The Chinese and Russians topped Thailand's list of foreign condo buyers in 2023, with sales soaring at tourist destinations such as Bangkok, Pattaya and Phuket. Sales rose 38% to 10,703 units in the first nine months of the year.

Unemployment

2020: Unemployment rate - 1%

Countries around the world in terms of unemployment in 2020

Incomes of the population

2023: Minimum wage - $195

Minimum wage in countries of the world for January 2023

Hunger

The percentage of starving of the total population in countries of the world. 2019

Consumption

Meat

2023: Fish consumption is higher than meat consumption

The most consumed type of meat (including fish and seafood) according to data available for June 2023.

2019: Pork is the most consumed type of meat

Data for 2019

Notes