Thailand: Share of services

* indicates monthly or quarterly data series
 Thailand

Value added in the services sector as percent of GDP

 Latest value 60.18
 Year 2025
 Measure percent
 Data availability 1993 - 2025
 Average 54.36
 Min - Max 49.56 - 60.18
 Source The World Bank
 Available for Data download
The latest value from 2025 is 60.18 percent, an increase from 59.27 percent in 2024. In comparison, the world average is 55.73 percent, based on data from 156 countries. Historically, the average for Thailand from 1993 to 2025 is 54.36 percent. The minimum value, 49.56 percent, was reached in 2010 while the maximum of 60.18 percent was recorded in 2025. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Thailand: Share of services
 2025 60.18
 2024 59.27
 2023 58.53
 2022 56.16
 2021 56.26
 2020 57.99
 2019 58.28
 2018 57.06




The importance of services in the economy of Thailand and other countries is measured as the value added of services as percent of GDP. The services sector includes wholesale and retail trade, transport, financial services, education, health care, and real estate.
Definition: Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

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 Related indicators Latest Reference Measure
 Share of industry 31.07 2025 percent
 Share of manufacturing 23.74 2025 percent
 Share of services 60.18 2025 percent
 Industry value added 179.29 2025 billion U.S. dollars
 Manufacturing value added 137.00 2025 billion U.S. dollars
 Services value added 347.25 2025 billion U.S. dollars
 Savings, percent of GDP 23.91 2025 percent
 Savings, in dollars 138.10 2025 billion U.S. dollars
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