Thailand's manufacturing, value added (current LCU) was 4.51 trillion in 2025, the latest year in the World Bank's World Development Indicators. That is up 19.75% from 3.76 trillion in 2015 (1.82% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 4.51 trillion | 2025 |
| Five years earlier | 4 trillion | 2020 |
| Ten years earlier | 3.76 trillion | 2015 |
| Highest | 4.7 trillion | 2022 |
| Lowest | 7.33 billion | 1960 |
| Average since 2016 | 4.35 trillion | 2016–2025 |
| First recorded | 7.33 billion |
What the numbers say
In 2025, Thailand's manufacturing, value added (current LCU) fell 0.5% on 2024 (from 4.53 trillion to 4.51 trillion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +5.5% and a typical year strayed about 5.8% from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 36.1% in 1973 and the biggest yearly fall was 7.5% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 57.13 billion a year. A straight line explains 54% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Thailand had the 30th highest value of the 132 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Thailand in the 2025 ranking
- Sri Lanka — 27th of 132: 5.61 trillion
- Mongolia — 28th of 132: 5.28 trillion
- Cameroon — 29th of 132: 5 trillion
- Philippines — 31st of 132: 4.29 trillion
- Senegal — 32nd of 132: 2.84 trillion
- Egypt, Arab Rep. — 33rd of 132: 2.63 trillion
What this measures
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 66 values
| Year | Manufacturing, value added (current LCU) |
|---|---|
| 2025 | 4,505,043,000,000 |
| 2024 | 4,528,830,000,000 |
| 2023 | 4,495,573,000,000 |
| 2022 | 4,697,770,000,000 |
| 2021 | 4,394,933,000,000 |
| 2020 | 4,002,295,000,000 |
| 2019 | 4,327,276,000,000 |
| 2018 | 4,373,784,000,000 |
| 2017 | 4,184,234,000,000 |
| 2016 | 3,960,436,000,000 |
Manufacturing, value added (current LCU) in nearby economies
- Australia — 147.76 billion (2025)
- Brunei Darussalam — 1.95 billion (2025)
- Cambodia — 59.72 trillion (2025)
- China — 34.67 trillion (2025)
- Fiji — 1.3 billion (2025)
- French Polynesia — 27.61 billion (2020)
- Hong Kong SAR, China — 29.78 billion (2024)
- Indonesia — 4,541.52 trillion (2025)
- Japan — 119.35 trillion (2024)
- Kiribati — 22.07 million (2024)
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
Questions people ask
- What is Thailand's manufacturing, value added (current LCU)?
- 4.51 trillion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 61,350% from 7.33 billion in 1960 (10.38% a year on average, compounded). The highest value was 4.7 trillion in 2022 and the lowest 7.33 billion in 1960.
- How does Thailand rank?
- 30th highest of 132 economies with data for 2025.
- Is the latest change in manufacturing, value added (current LCU) unusual for Thailand?
- In 2025, Thailand's manufacturing, value added (current LCU) fell 0.5% on 2024 (from 4.53 trillion to 4.51 trillion). Across the 30 yearly changes before that (1995 to 2024), the average change was +5.5% and a typical year strayed about 5.8% from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NV.IND.MANF.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) 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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