The GDP composition of Thailand reveals a significant contribution from the Mining, Manufacturing, and Utilities sector at 33.02%, followed by Services at 28.48%. Wholesale, Retail Trade, Restaurants, and Hotels contribute 20.17%, Agriculture 8.35%, Transport, Storage, and Communication 7.18%, and Construction 2.8%. Notable trends in 2023 show slight contractions in agriculture and minor growth in services. Over the last five years, the CAGR presents moderate growth across most sectors, with a steady expansion in wholesale and retail trade.
Future trends to watch involve advances in digital services boosting the service sector, increased investments in green technology impacting utilities, and shifts in global trade patterns affecting manufacturing outputs. Additionally, the tourism recovery post-pandemic will likely enhance the wholesale and retail trade, restaurants, and hotels sector.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Mining, Manufacturing, Utilities | 33.02 | 2016 | |
| 2 | 2 Services | 28.48 | 2016 | |
| 3 | 3 Wholesale, retail trade, restaurants and hotels | 20.17 | 2016 | |
| 4 | 4 Agriculture, hunting, forestry, fishing | 8.35 | 2016 | |
| 5 | 5 Transport, storage and communication | 7.18 | 2016 | |
| 6 | 6 Construction | 2.8 | 2016 |
