Thailand: Chemicals (% of value added in manufacturing)

Key figures

What the numbers say

On record, the biggest yearly rise was 17.67 percentage points in 1970 and the biggest yearly fall was 6.33 percentage points in 1976. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Thailand in the 2021 ranking

• Kuwait — 1st of 8: 22.78%
• Finland — 2nd of 8: 9.95%
• Austria — 3rd of 8: 9.43%
• West Bank and Gaza — 5th of 8: 4.7%
• Malawi — 6th of 8: 3.13%
• Slovak Republic — 7th of 8: 2.83%

What this measures

Manufacturing of chemicals and chemical products includes industries classified in ISIC (Rev. 3) division 24. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).

Limitations: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."

All 41 values

Chemicals (% of value added in manufacturing) in nearby economies

• Australia — 7.36% (2024)
• China — 10.81% (2019)
• Fiji — 6.06% (2023)
• Hong Kong SAR, China — 12.41% (2023)
• Indonesia — 12.71% (2022)
• Japan — 10.79% (2023)
• Korea, Rep. — 12.1% (2023)
• Lao PDR — 2.27% (2017)
• Macao SAR, China — 6.05% (2024)
• Malaysia — 9.71% (2022)

More economic policy & debt data for Thailand

• Total reserves, including gold (current US$) — US$282.26 billion (2025)
• Total reserves, excluding gold (current US$) — US$249.33 billion (2025)
• General government final consumption expenditure (current US$) — US$96.09 billion (2025)
• General government final consumption expenditure (current LCU) — 3.16 trillion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$76 billion (2025)
• General government final consumption expenditure (constant LCU) — 1.65 trillion (2025)
• General government final consumption expenditure (% of GDP) — 16.65% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$337.32 billion (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Thailand's chemicals (% of value added in manufacturing)?

8.08% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1968?

It is up 0.47 percentage points from 7.61% in 1968. The highest value was 24.53% in 1970 and the lowest 1.59% in 1990.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).

Source

World Bank, World Development Indicators, indicator NV.MNF.CHEM.ZS.UN, licensed CC BY 4.0. Original source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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