Goods balance (credit less debit), Net (credits less debits) in Thailand
Thailand: Goods balance (credit less debit), Net (credits less debits) was 21.36 billion in 2024. ◆ Volatile
Goods balance (credit less debit), Net (credits less debits) in Thailand, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), net (credits less debits) in Thailand is 21.36 billion, measured in 2024.
That represents a change of up 11.3% on the previous year and up 24.1% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Thailand peaked at 40.40 billion in 2020 and was at its lowest, 30.07 million, in 2012.
Thailand ranks 27th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods balance (credit less debit), Net (credits less debits) in Thailand, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 3.40 billion | — |
| 2006 | 13.67 billion | +301.8% |
| 2007 | 26.64 billion | +94.9% |
| 2008 | 17.35 billion | -34.9% |
| 2009 | 31.20 billion | +79.9% |
| 2010 | 26.68 billion | -14.5% |
| 2011 | 12.19 billion | -54.3% |
| 2012 | 30.07 million | -99.8% |
| 2013 | 39.59 million | +31.7% |
| 2014 | 17.22 billion | +43386.1% |
| 2015 | 26.12 billion | +51.7% |
| 2016 | 35.78 billion | +37.0% |
| 2017 | 32.58 billion | -8.9% |
| 2018 | 22.39 billion | -31.3% |
| 2019 | 26.72 billion | +19.4% |
| 2020 | 40.40 billion | +51.2% |
| 2021 | 31.94 billion | -20.9% |
| 2022 | 13.54 billion | -57.6% |
| 2023 | 19.19 billion | +41.7% |
| 2024 | 21.36 billion | +11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.45 billion | 3.40 billion | 31.20 billion | 5 |
| 2010s | 19.97 billion | 30.07 million | 35.78 billion | 10 |
| 2020s | 25.29 billion | 13.54 billion | 40.40 billion | 5 |
Countries ranked near Thailand
More financial sector data for Thailand
- Total reserves in months of imports, annual growth rate 7.65 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 9.53 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.3068 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 2,472 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 9.28 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,542 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 13.44 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,878 SDR per person (2025)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Thailand?
- Goods balance (credit less debit), net (credits less debits) in Thailand was 21.36 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Thailand?
- The highest recorded value was 40.40 billion in 2020.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Thailand?
- The lowest recorded value was 30.07 million in 2012.
- How does Thailand rank for goods balance (credit less debit), net (credits less debits)?
- Thailand ranks 27th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Thailand?
- Over the last ten years it is up 24.1%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from International Monetary Fund, published as part of Goods balance (credit less debit), Net (credits less debits) (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.