Gross domestic product (GDP) measures the economic performance of a country over a given period, typically a year or a quarter. It is therefore the most important economic indicator to evaluate the country’s economy (see our GDP page for more information on this indicator).
Thailand’s GDP data (National Accounts [NA]) are produced by the Office of the National Economic and Social Development Board (NESDB). The compilation of the National Accounts is governed by the Revision of the Royal Decree of 1994. The National Accounts data are in line with the System of National Accounts (SNA1993). Annual GDP growth figures are calculated by using the chained volume methodology. However, the quarterly GDP figures are still in the process of development toward the same methodology. According to NESDB, the new quarterly series is scheduled to be released as soon as it is completed. Annual GDP database goes back to 1951.