Thailand Full Year GDP 2025 +2.4%

According to the latest data released by the National Economic and Social Development Council, Thailand’s economy grew by 2.4 per cent in 2025.

Growth was supported by private investment and consumer spending. On a quarterly basis, GDP increased by 2.5 per cent in the fourth quarter, compared with 1.2 per cent in the previous quarter.

Agricultural production remained strong, rising by 2.5 per cent during the whole 2025. Similarly, the manufacturing sector showed improvement, with growth accelerating to 2.5 per cent in December 2025, driven by stronger industrial production and gains in the electricity, gas, and steam sectors.

On the expenditure side, total investment rose by 18.3 per cent, led by private sector spending on machinery and equipment, although below from 21.6 of 2024. Public investment increased by 6 per cent, above the 5.7 per cent recorded in 2025. Exports of goods and services surged 9.3 per cent, while imports grew 10.1 per cent.

The government expects the GDP expansion to surpass 3 per cent in 2025. In its latest outlook, the International Monetary Fund projected a GDP growth rate of 1.6 per cent for Thailand in 2026.

The Association of Southeast Asian Nations (ASEAN), a political and economic union of ten members, has a combined population of 667 million and a territory of 4.5 million km². It is currently the third-largest economy in the Asia-Pacific region and the fifth-largest in the world, with a combined GDP of USD 4.2 trillion in 2025, according to estimates under the ASEAN Economic Community (AEC).