Thailand - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Thailand was 4.93 as of 2020. Its highest value over the past 60 years was 15.63 in 1998, while its lowest value was -7.52 in 1990.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 -1.27
1961 0.23
1962 -1.96
1963 -3.24
1964 -1.42
1965 -1.21
1966 -0.33
1967 -2.05
1968 -3.74
1969 -4.00
1970 -4.36
1971 -2.82
1972 -0.99
1973 -1.44
1974 -2.37
1975 -4.61
1976 -2.47
1977 -5.42
1978 -4.23
1979 -6.73
1980 -6.26
1981 -6.27
1982 -1.71
1983 -7.16
1984 -4.27
1985 -2.73
1986 2.03
1987 0.56
1988 -1.39
1989 -2.56
1990 -7.52
1991 -6.54
1992 -4.01
1993 -4.11
1994 -4.76
1995 -6.69
1996 -6.24
1997 1.42
1998 15.63
1999 12.17
2000 8.38
2001 6.23
2002 6.32
2003 6.35
2004 4.53
2005 -1.05
2006 3.26
2007 7.87
2008 2.40
2009 9.61
2010 5.72
2011 2.03
2012 0.23
2013 1.88
2014 5.88
2015 10.43
2016 13.57
2017 12.45
2018 8.84
2019 9.34
2020 4.93

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts