Thailand: Savings, percent of GDP
* indicates monthly or quarterly data series
| Thailand |
Savings as percent of GDP |
|---|---|
| Latest value | 24.04 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1975 - 2024 |
| Average | 28.41 |
| Min - Max | 20.46 - 35.94 |
| Source | The World Bank |
The latest value from 2024 is 24.04 percent, a decline from 25.32 percent in 2023. In comparison, the world average is 22.88 percent, based on data from 84 countries. Historically, the average for Thailand from 1975 to 2024 is 28.41 percent. The minimum value, 20.46 percent, was reached in 1976 while the maximum of 35.94 percent was recorded in 1993.
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* indicates monthly or quarterly data series
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The savings in Thailand and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 32.13 | 2024 | percent |
| Share of manufacturing | 24.32 | 2024 | percent |
| Share of services | 59.15 | 2024 | percent |
| Industry value added | 169.14 | 2024 | billion U.S. dollars |
| Manufacturing value added | 128.04 | 2024 | billion U.S. dollars |
| Services value added | 311.40 | 2024 | billion U.S. dollars |
| Savings, percent of GDP | 24.04 | 2024 | percent |
| Savings, in dollars | 126.56 | 2024 | billion U.S. dollars |