Thailand Trade to GDP Ratio 1960-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Thailand trade to gdp ratio for 2023 was 129.15%, a 3.7% decline from 2022.
  • Thailand trade to gdp ratio for 2022 was 132.86%, a 15.71% increase from 2021.
  • Thailand trade to gdp ratio for 2021 was 117.14%, a 19.34% increase from 2020.
  • Thailand trade to gdp ratio for 2020 was 97.80%, a 11.89% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
North Macedonia 159.10%
Belarus 133.00%
Malaysia 131.84%
Thailand 129.15%
Serbia 124.27%
Fiji 120.93%
Montenegro 119.99%
Bulgaria 118.60%
Armenia 117.04%
Libya 109.93%
Namibia 109.61%
Mauritius 108.43%
Belize 106.48%
Bosnia 101.03%
Samoa 91.06%
Equatorial Guinea 87.13%
Albania 84.54%
Azerbaijan 83.62%
Romania 83.04%
Paraguay 82.99%
Gabon 74.14%
Mexico 74.12%
Costa Rica 70.29%
Botswana 67.37%
Turkey 66.96%
South Africa 65.72%
Ecuador 57.85%
Iran 55.54%
Peru 50.91%
Guatemala 50.13%
Dominican Republic 49.62%
Algeria 46.20%
Russia 41.83%
Colombia 40.48%
China 37.32%
Turkmenistan 35.17%
Brazil 33.85%
Thailand Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 129.15% -3.70%
2022 132.86% 15.71%
2021 117.14% 19.34%
2020 97.80% -11.89%
2019 109.69% -11.15%
2018 120.84% -0.05%
2017 120.89% 0.32%
2016 120.58% -4.26%
2015 124.84% -6.07%
2014 130.91% -1.56%
2013 132.46% -5.21%
2012 137.67% -2.00%
2011 139.68% 12.42%
2010 127.25% 7.98%
2009 119.27% -21.17%
2008 140.44% 10.56%
2007 129.87% -4.21%
2006 134.09% -3.77%
2005 137.85% 10.44%
2004 127.41% 10.72%
2003 116.69% 1.72%
2002 114.97% -5.30%
2001 120.27% -1.03%
2000 121.30% 20.59%
1999 100.71% 0.47%
1998 100.24% 5.19%
1997 95.05% 10.78%
1996 84.27% -5.48%
1995 89.76% 8.51%
1994 81.25% 3.50%
1993 77.75% -0.21%
1992 77.95% -0.52%
1991 78.47% 2.69%
1990 75.78% 3.38%
1989 72.41% 4.99%
1988 67.41% 10.19%
1987 57.23% 8.06%
1986 49.17% 0.02%
1985 49.16% 1.09%
1984 48.07% 0.68%
1983 47.38% -0.16%
1982 47.55% -6.42%
1981 53.97% -0.51%
1980 54.48% 2.61%
1979 51.87% 7.87%
1978 44.00% -1.34%
1977 45.34% 2.40%
1976 42.94% 1.60%
1975 41.34% -4.21%
1974 45.54% 6.90%
1973 38.65% 1.28%
1972 37.37% 2.57%
1971 34.80% 0.40%
1970 34.40% -1.72%
1969 36.12% -1.50%
1968 37.62% -0.75%
1967 38.37% 2.81%
1966 35.56% 0.64%
1965 34.92% -1.21%
1964 36.13% 2.62%
1963 33.51% 0.17%
1962 33.34% -1.11%
1961 34.45% 0.89%
1960 33.56% 0.89%