Thailand - Trade in services (% of GDP)

Trade in services (% of GDP) in Thailand was 15.65 as of 2020. Its highest value over the past 45 years was 27.16 in 2008, while its lowest value was 6.96 in 1977.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1975 8.27
1976 7.39
1977 6.96
1978 7.60
1979 8.72
1980 9.69
1981 9.85
1982 9.22
1983 9.38
1984 9.27
1985 9.91
1986 9.64
1987 10.84
1988 13.32
1989 13.79
1990 14.91
1991 15.59
1992 17.64
1993 18.25
1994 18.43
1995 19.89
1996 19.99
1997 22.05
1998 22.13
1999 22.28
2000 23.20
2001 22.97
2002 23.91
2003 22.31
2004 24.36
2005 24.68
2006 25.81
2007 25.93
2008 27.16
2009 22.94
2010 22.18
2011 23.63
2012 23.19
2013 24.32
2014 23.86
2015 25.07
2016 25.96
2017 25.78
2018 26.14
2019 25.36
2020 15.65

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments