Thailand - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Thailand was 5,195,950,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 5,688,320,000,000 in 2018 and a minimum value of 10,828,000,000 in 1960.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

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

Year Value
1960 10,828,000,000
1961 12,244,700,000
1962 14,469,500,000
1963 15,506,700,000
1964 17,554,000,000
1965 20,892,000,000
1966 24,712,900,000
1967 29,270,100,000
1968 31,502,000,000
1969 34,727,500,000
1970 37,300,000,000
1971 41,500,000,000
1972 46,400,000,000
1973 59,500,000,000
1974 74,400,000,000
1975 78,200,000,000
1976 95,700,000,000
1977 118,400,000,000
1978 144,300,000,000
1979 169,600,000,000
1980 189,987,000,000
1981 228,861,000,000
1982 248,345,000,000
1983 281,668,000,000
1984 315,939,000,000
1985 336,418,000,000
1986 374,961,000,000
1987 433,432,000,000
1988 539,380,000,000
1989 673,188,000,000
1990 812,819,000,000
1991 969,012,000,000
1992 1,077,330,000,000
1993 1,202,730,000,000
1994 1,364,790,000,000
1995 1,572,240,000,000
1996 1,720,050,000,000
1997 1,722,310,000,000
1998 1,697,810,000,000
1999 1,742,490,000,000
2000 1,859,070,000,000
2001 1,941,360,000,000
2002 2,128,650,000,000
2003 2,395,410,000,000
2004 2,635,830,000,000
2005 2,931,950,000,000
2006 3,288,590,000,000
2007 3,578,910,000,000
2008 3,832,260,000,000
2009 3,729,080,000,000
2010 4,314,800,000,000
2011 4,294,520,000,000
2012 4,614,690,000,000
2013 4,765,510,000,000
2014 4,863,860,000,000
2015 4,972,280,000,000
2016 5,192,230,000,000
2017 5,423,940,000,000
2018 5,688,320,000,000
2019 5,678,040,000,000
2020 5,195,950,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts