Services, Debit/Expenditure in Thailand
Thailand: Services, Debit/Expenditure was 73.96 billion in 2024. ▲ Rising
Services, Debit/Expenditure in Thailand, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, debit/expenditure in Thailand stood at 73.96 billion. That is the highest value across all 20 years on record.
The figure is up 12.7% on the previous year and up 63.5% over ten years.
Over the whole period, services, debit/expenditure in Thailand peaked at 73.96 billion in 2024 and was at its lowest, 26.80 billion, in 2005.
Thailand ranks 27th of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Thailand, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 26.80 billion | — |
| 2006 | 32.61 billion | +21.7% |
| 2007 | 38.07 billion | +16.7% |
| 2008 | 46.02 billion | +20.9% |
| 2009 | 34.43 billion | -25.2% |
| 2010 | 41.33 billion | +20.1% |
| 2011 | 46.10 billion | +11.5% |
| 2012 | 45.67 billion | -0.9% |
| 2013 | 47.40 billion | +3.8% |
| 2014 | 45.25 billion | -4.5% |
| 2015 | 42.52 billion | -6.0% |
| 2016 | 43.51 billion | +2.3% |
| 2017 | 46.67 billion | +7.3% |
| 2018 | 54.94 billion | +17.7% |
| 2019 | 56.85 billion | +3.5% |
| 2020 | 45.47 billion | -20.0% |
| 2021 | 57.95 billion | +27.5% |
| 2022 | 62.82 billion | +8.4% |
| 2023 | 65.64 billion | +4.5% |
| 2024 | 73.96 billion | +12.7% |
Thailand compared with similar countries
- Thailand's 73.96 billion is above the median for upper middle income countries, which is 4.11 billion, 18.0× the median. (54 countries reporting)
- Thailand's 73.96 billion is above the median for East Asia & Pacific, which is 2.40 billion, 30.9× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.59 billion | 26.80 billion | 46.02 billion | 5 |
| 2010s | 47.02 billion | 41.33 billion | 56.85 billion | 10 |
| 2020s | 61.17 billion | 45.47 billion | 73.96 billion | 5 |
Countries ranked near Thailand
More trade data for Thailand
- Commodity Net Export Price Index, Individual Commodities Weighted by 106.89 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.32 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 98.35 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 83.06 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.07 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 75.18 (2025)
- Imports of low carbon technology products, Percent of GDP 2.65 (2024)
- Imports of low carbon technology products, US dollar (World), per 194.69 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0264 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 10.39 billion (2024)
Frequently asked questions
- What is services, debit/expenditure in Thailand?
- Services, debit/expenditure in Thailand was 73.96 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Thailand?
- The highest recorded value was 73.96 billion in 2024.
- What is the lowest services, debit/expenditure recorded in Thailand?
- The lowest recorded value was 26.80 billion in 2005.
- How does Thailand rank for services, debit/expenditure?
- Thailand ranks 27th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Thailand?
- Over the last ten years it is up 63.5%. The long-run trend across the full record is rising.
- Where does this Thailand data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.