Thailand Trade to GDP Ratio 1960-2023

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 2021 was 116.66%, a 18.83% increase from 2020.
  • Thailand trade to gdp ratio for 2020 was 97.82%, a 11.84% decline from 2019.
  • Thailand trade to gdp ratio for 2019 was 109.67%, a 11.17% decline from 2018.
  • Thailand trade to gdp ratio for 2018 was 120.84%, a 0.05% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
American Samoa 149.22%
North Macedonia 148.47%
Nauru 147.34%
Maldives 143.08%
Belarus 138.74%
Malaysia 130.57%
Bulgaria 120.97%
Serbia 116.76%
Thailand 116.66%
Marshall Islands 116.20%
Montenegro 105.03%
Equatorial Guinea 102.07%
Mauritius 97.79%
Bosnia 97.23%
Belize 96.59%
Botswana 94.48%
Romania 87.36%
Mexico 83.62%
Fiji 81.88%
Jordan 81.44%
Cuba 80.02%
Namibia 79.73%
Armenia 79.17%
Lebanon 78.83%
Azerbaijan 76.57%
Albania 74.54%
Tonga 73.37%
Jamaica 73.36%
Gabon 72.65%
Turkey 70.83%
Paraguay 70.80%
Costa Rica 70.61%
Iraq 61.82%
Samoa 60.89%
Kazakhstan 57.54%
South Africa 56.22%
Peru 55.50%
Algeria 52.97%
Dominican Republic 52.73%
Russia 52.17%
Ecuador 51.39%
Guatemala 49.86%
Iran 44.37%
Colombia 40.85%
Brazil 39.18%
China 37.47%
Thailand Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2021 116.66% 18.83%
2020 97.82% -11.84%
2019 109.67% -11.17%
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%