Thailand Gdp Growth Rate 2018



The GDP figure in 2018 was €58,144 $68,668 million, Burma - Myanmar is number 73 in. Cambodia’s GDP growth is projected to top Vietnam and Thailand’s in 2019, but is forecast to take a backseat to Burma and Laos, which are expected to achieve growth rates above Cambodia’s coveted 7 percent that year, according to the World Bank. A Thai child born today can expect to obtain 12. 4 years of schooling before the age of 18. Real growth is projected to reach 7. Keep in mind. 2 percent a year, CBO projects. 7 per cent global growth in both 2018 and 2019, down from its July forecast of 3. Growth is estimated at 3. 포용적 사람중심 성장을 위한 2018 예산 평성 The Korean government released its budget proposal for next year. Countries by real GDP growth rate (2017) This article includes a list of countries and dependent territories sorted by their real gross domestic product growth rate ; the rate of growth of the value of all final goods and services produced within a state in a given year. The bank is projecting Malaysia’s fiscal deficit to be 2. Between 2008 and 2018, ASEAN total GDP, as a percentage of the world’s GDP, increased to 3. 9 percent in 2017—the fastest pace on an annual basis since 2013—but it has yet to become broad-based. 3 percent - down from 4. 3 percent over the last decade from 2005-2015. According to DBS Bank, Vietnam's economy has the potential to grow at a pace of about 6%-6. 2018 to see 6% economic growth rates in 2018: El-Kosayer Public debt is still safe and, unlikely to increase, keeping the current level of reserves is a great achievement Hossam Mounir January 21, 2018 Be the first to comment. 5% for eighteen straight month Bank of Thailand (BOT) maintained its policy rate, i. GDP growth in the second half of 2017 was above 4% and exceeded forecasts in the October 2017 World Economic Outlook in many locations. In fact, one market research provider estimates that the global home health care sector, just one part of the overall industry, should see revenues grow to $300Bn in 2020 from $180Bn in 2014 - a compound annual growth rate of 8%. Office of the National Economic and Social Development Board Featured News The Twenty-Second Ministerial Meeting and other Related Meeting Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT). Growth is estimated at 3. Thailand is one of the world's most visited countries, though tourism accounts for just 7 percent of gross domestic product. It depends on both the level of fertility and the age structure of the population. 2 percent (y/y). Unemployment is forecast to continue at the natural rate. For more information see the Guide to the National Income and Product Accounts of the United States (NIPA). The East Asian Bureau of Economic Research is a forum for high-quality economic research focussing on issues facing the economies of East Asia. 9 million in 2019. Constant price estimates of GDP are obtained by expressing values of all goods and services produced in a given year, expressed in terms of a base period. 4 percent in 1998. World Economics makes available of world's most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2018, building on the lifetimes work of Angus Maddison. Thailand ranks 46th in the World Happiness Report of 2018 with a rating of 6. 07% in April 2018 as compared to 0. GDP growth (annual %) - Thailand from The World Bank: Data. 60% in Forth Quarter December 2016 and previous quarter GDP growth rate 0. Discover the latest market trends and uncover sources of future market growth for the Luxury Goods industry in Thailand with research from Euromonitor's team of in-country analysts. On July 5 the monetary policy committee of the Bank of Thailand (BOT) announced it was revising its forecast for GDP growth from 3. 28% than the previous month. Apr 27, 2018 · America's economic growth slowed at the beginning of 2018 as household spending stalled in spite of recent tax cuts. Later, the Dollar traded slightly higher after the Fed cut interest rates by 25 basis points, as was widely expected. 9 billion in 2017). 9%, higher than 2016's 4. Economic growth inches up to 6. 1 percent in 2018, the fastest pace since 2012, says the latest edition of the World Bank’s Thailand Economic Monitor. 83billion for 2018 in PPP terms. 9% of GDP in 2018, before narrowing to 2. 5 Min Read. 7% in 2020 (1. Economic growth slowed at the end of 2018. Thailand's retail food sector continues to grow in 2017, driven by strong economic growth, increasing numbers of tourists, and government investment. , WalletHub compared 515 cities of varying population sizes based on 17 key measures of both growth and decline over a period of seven years. World Bank cuts Thailand's growth rate projection to 3. Tan Sri Nor Mohamed, a government minister, said Malaysia could attain developed country status in 2018 if the country's growth remains constant or increases. [ Real GDP growth rate ] [ Real estate prices ] Source: Made by MHRI based on the Singapore Department of Statistics Singapore: the rate of GDP growth is forecast to slow down 6 In 2018, the rate of real GDP growth is expected to slow down. 5 billion in 2017) compared with Singapore’s US$349. Gross domestic product. The overall inflation rate dropped in September to 1. 1% in 2018 to 2. Choose between two tables: one covering output, prices and jobs; the other offering trade, exchange and interest rates. 9% in 2018, 4. 043 in 2014, and is considered a newly industrialised country. However, in comparison to some of its neighbors, the country’s growth rate is among the lowest in Southeast Asia. 3 percent - down from 4. 2% at market exchange rates. Manuals, guides, and other material on statistical practices at the IMF, in member countries, and of the statistical community at large are also available. Inflation figures 2018 This page shows the inflation figures for 2018 for a large number of countries so that you can easily compare them with one another. Vietnam posts a GDP growth. In 2018, the average inflation rate in Thailand amounted to about 1. Thailand is a newly industrialized country. 57 points in April 2018 and last year 100. Thailand's adult survival rates between ages 15-60 is lower than over half of the countries where such data is available. 30 percent in the fourth quarter of 2011. However, once adjusted for quality of learning, that only amounts to 8. Santos Knight Frank has revealed that the Philippines city of Cebu will see an unprecedented supply growth in its office market within the next 3 years. As opposed to many neighbouring Southeast Asian countries, the process towards independence was relatively peaceful and thus did not have significant negative impact on the economy and standard of living. This is from a surplus of 2. The GDP growth rate is expected to remain between the 2% to 3% ideal range. 9% growth, outpacing that of the global economy (3. It presents the most current and accurate global development data available, and includes national, regional and global estimates. Source: CIA World Factbook - This page was last updated on January 20, 2018. 043 in 2014, and is considered a newly industrialised country. This is significantly less than the 3 per cent rate attained in 2010 and slightly higher than the 2015 rate of 1. 7 percent in 2018 from 3. The bank is projecting Malaysia's fiscal deficit to be 2. The unemployment in India is slowly improving, albeit with very slow speed. GDP accelerated sharply in Malaysia, supported by increased private sector spending and rising exports, and inched up in Indonesia, due to stronger growth in investment and exports. No claims are made regarding the accuracy of Industrial production growth rate (%) information contained here. Thailand Unemployment Rate is at 0. The Bank of Thailand left the key interest rate unchanged at 1. Regardless of witnessing such rapid economic growth, the unemployment in India keeps rising. 08 percent in 2018, the highest in the past 11 years, the General Statistics Office (GSO) announced on December 27. back of higher growth expected in the US due to the recently approved tax reforms. 86 percent this fiscal year, Planning Minister AHM Mustafa Kamal said today. 7 per cent and raised. 9% in 2018 It will be boosted by the rising external demand in the global tech cycle. The macroeconomic situation and key data about the Thai. Real GDP growth improved to an estimated 1. Suppose you have the year wise data of Japan's Real GDP value in USD, for 2 years, 'annual growth rate' for any current year would simply be (current year. Luxembourg is followed by Switzerland ($83,583) and Norway ($82,372). The museum features a collection of buildings from various parts of Thailand placed along pathways in a Garden of Serenity. Zhiwei Zhang, Deutsche Bank’s Chief Economist and Head of Equity Strategy for China, 2017 has been a good year for China's economy, with strong consumer and service-sector growth. Thailand's GDP expected to grow by 4. Chart of the month September 2019. For middle-class and poor families, the picture is different. The growth rate is clearly much lower than that of the same periods of 2017 and 2018, 20. GDP growth in the second half of 2017 was above 4% and exceeded forecasts in the October 2017 World Economic Outlook in many locations. GDP rose 0. In the USA and Western Europe, growth rates of between 3. Cambodia Economic Update October 2016 >> 1 A. Latest stock market data, with live share and stock prices, FTSE 100 index and equities, currencies, bonds and commodities performance. "The Thai. Regardless of witnessing such rapid economic growth, the unemployment in India keeps rising. In 2018, real GDP growth for Thailand was 4. 2% contraction in 2017. The Thai economy in 2018 is expected to expand in the range of 4. Discover the latest market trends and uncover sources of future market growth for the Luxury Goods industry in Thailand with research from Euromonitor's team of in-country analysts. According to the IMF’s projection, Malaysia’s economy or total GDP is expected to be US$364. Its economy is heavily export-dependent, with exports accounting for more than two-thirds of its gross domestic product (GDP). 2 percent a year, CBO projects. 2 percent compared with the same period of 2018. 2 percent and 4 percent, respectively. "xed exchange rate and high interest rates that had served Thailand well in the past, was inconsistent with the international mobility of capital in the 1990s. 2,275,469,859 Internet users and 53. 8% Thailand's Finance Ministry on Monday raised its economic growth forecast for this year to 3. These services provides jobs for 37% of the formal labor force, and are considered the key to future economic growth in Thailand. In 2018, according to the World Bank, Thailand had a GDP of 16. Nonetheless, GDP per capita growth from 2001 to 2010 has still managed to outpace Europe and the United States. This prediction is within the range of the government’s target in the 2018 State Budget of 5. Thailand's Nominal GDP reached 133. Faster trade expansion is being driven by stronger economic growth across regions, led by increased investment and fiscal expansion. Major infrastructure plans to help drive new growth. 2 percent and 4 percent, respectively. In Asia Pacific our forecasts have increased for all five years, with the annual average real GDP growth increasing from 3. GDP rose 0. Jul 01, 2018 · The U. 1 beds available per 1,000 individuals. Real GDP growth improved to an estimated 1. 9% of GDP in 2018, before narrowing to 2. 06% percent and an account surplus of 7. Luxembourg is followed by Switzerland ($83,583) and Norway ($82,372). APEC member economies launched the APEC Women in STEM Principles and Actions, a set of suggested principles and actions for encouraging women’s participation in the fields of science, technology, engineering, and mathematics, commonly referred to as STEM. GDP Growth Rate, Asian Development Outlook 2017 Update (XLXS) GDP Growth Rate, Asian Development Outlook 2017 Update (CSV) GDP Growth Rate, Asian Development Outlook 2018 (CSV). Thailand's population and its continuing dependence on medical imports provides opportunities for Western companies to expand into the Thai market. The Thai economy is expected to post 3. 2% contraction in 2017. However, in its final estimate, it announced that the economy grew at a 2.  GDP growth to increase slightly from 5. Bureau of Economic Analysis initial estimate for the first quarter's GDP growth was 2. Macroeconomic performance. 0 percent in 2016, in line with the resilient performance across the region. The real economic growth, or real GDP growth rate, measures economic growth as it relates to the gross domestic product (GDP) from one period to another, adjusted for inflation, and expressed in. Economic growth is the measure of how well and how fast an economy produces goods and services, where the monetary value of all goods and services produced in a period is arrived through the GDP. The difference between economic growth and GDP is not a very distinct one since both are closely related. Buddha figures are ever-present in the "land of smiles," where. Countries by real GDP growth rate (2017) This article includes a list of countries and dependent territories sorted by their real gross domestic product growth rate ; the rate of growth of the value of all final goods and services produced within a state in a given year. 9 percent in 2018, and stabilize around 7 percent a year over the medium term. Our global GDP forecast for 2018 is 4. 1 percent from 3. GDP by Year Since 1929 Compared to Major Events. 25% throughout the year as. GLOBAL ECONOMIC PROSPECTS | JANUARY 2018 SOUTH ASIA 129 FIGURE 2. The Moon administration is pushing ahead with its inclusive and. Thailand is one of the world's most visited countries, though tourism accounts for just 7 percent of gross domestic product. 5% for eighteen straight meeting since April 2015, in view of. Learn more about the Thailand economy, including the population of Thailand , GDP, facts, trade, business, inflation and other data and analysis on its economy from the Index of Economic Freedom. 0 p ercent YoY. 7% in 2018, up from its earlier projections of 3. According to the National Food Institute, Thai exports will grow by 8. With the continued momentum in global economic expansion and strength in domestic demand, as well as the increased external headwinds, the Government maintained its forecast for Hong Kong’s real GDP growth at 3-4% in 2018. 8 percent from the previous quarter. That's a Goldilocks economy. The Bank of Thailand has held its benchmark rate near a record-low 1. Eighty percent of that debt is owed to. 23% in 2016. Source : The Stock Exchange of Thailand SET Index as at June 15, 2016 1, 683 1, 360 1, 281 832 373 356 482 269 309 356 772 672 696 680 887 450 735 1, 033 1, 025 1, 392 1, 298 1, 498 1, 288 1, 435 88% -19%. BANGKOK, April 9, 2018 – Thailand’s economy is expected to grow by 4. 8% at the start of the year), the annual average for 2015-18 has increased from 2. The research houses of two Thai banks have painted an upbeat picture for the country's economic growth in 2018, forecasting its pace will be at least 4%, underpinned by exports, domestic. 6 percent in the fourth quarter of 2018 (table 1), according to the "initial" estimate released by the Bureau of Economic Analysis. It is perhaps the most closely watched. The enormous outbound market has drawn the attention of the world. In 2018, according to the World Bank, Thailand had a GDP of 16. Thailand GDP Growth Performance In the 10 years before the global financial crisis, from 1999 to 2008, Thailand's GDP grew on average 4. In 2018, GDP per capita based on PPP for Thailand was 19,476 international dollars. However, further drops are unlikely, so headline inflation in future months ought to stabilize at. A better combination of exchange rate and interest policies will have to be established in order to contribute to the recovery and renewed growth. Chart of the month September 2019. ” Such growth has enabled China, on average, to double its GDP every. The growth rates are year-over-year, and not compounded. (RTTNews) - Thailand's economic growth moderated from a near five-year high in the second quarter, largely reflecting a deceleration in tourism but the government maintained its growth outlook. Thailand's adult survival rates between ages 15-60 is lower than over half of the countries where such data is available. 4% annually. While rapid export growth continues fueling the. Year to year changes in the nominal level of output or income of an economy are affected by a combination of forces: real growth, price inflation, and exchange rates. In 2018, real GDP growth for Thailand was 4. 57 points in April 2018 and last year 100. This growth pace exceeds our expectations although it is not enough to necessitate a revision to our full-year 2018 GDP growth forecast of 5. 30% (source international fund) IMF ***** Base year 1988=100 GDP Growth Rate: GDP Growth Rate quarter on a quarter basis 0. 0 is an economic model that aims to unlock the country from several economic challenges resulting from past economic development models which place emphasis on agriculture (Thailand 1. 2 days ago · It is expected to remain stagnant this year, according to the International Monetary Fund. $36 billion in 2018. Currently, 95,997 analysts contribute to Estimize, resulting in coverage on over 2,800 stocks and 85 economic indicators each quarter. GDP growth rate decreases 0. Nominal GDP in Thailand is updated quarterly, available from Mar 1993 to Jun 2019, with an average number of 53. 8 USD bn in the previous quarter. The report showed that Vietnam’s growth slowed to 5. There isn't too much inflation or deflation. 60% in Forth Quarter December 2016 and previous quarter GDP growth rate 0. com 10/26/2018. GDP by Year Since 1929 Compared to Major Events. As important and useful as these statistics are, it is not difficult to calculate annual percentage growth rates. 14 lakh crore in Q1 of 2018-19, showing a growth rate of 5 per cent," the National. January 2018 Annabel Bishop • Investec Bank Limited • Tel (2711) 286 7188 • email: [email protected] Bangladesh is projected to be among the fastest growing LDCs in 2018 with expected real GDP growth of 7. 7, expressing worry about strength of the baht and aiming to help support faltering growth. APEC member economies launched the APEC Women in STEM Principles and Actions, a set of suggested principles and actions for encouraging women’s participation in the fields of science, technology, engineering, and mathematics, commonly referred to as STEM. 14 lakh crore in Q1 of 2018-19, showing a growth rate of 5 per cent," the National. Published on 2018-11-19 Thailand Q2 GDP Annual Growth Beats Estimates Thailand's gross domestic product grew by 4. Economic growth is the measure of how well and how fast an economy produces goods and services, where the monetary value of all goods and services produced in a period is arrived through the GDP. As of 2018, Luxembourg is the richest country of the world having GDP (nominal) per capita around of 113,954 current USD that is over 10 times to the world's average of $11,368 and over 371 times of lowest ranked South Sudan of US$307. [37] Malaysia experienced an economic boom and underwent rapid development during the late 20th century and has GDP per capita (nominal) of US$11,062. Investment climate Though a moderately-growing economy, Thailand offers abundant resources and a skilled and cost-effective workforce for foreign investors. Thailand's economic recovery is broadening in 2018. The South Korean economy again recovered with the record. GDP Growth since 1980. The nowcast chart (right) shows the model’s evolving prediction. Gross Domestic Product, Fourth Quarter and Annual 2018 (Initial Estimate) Real gross domestic product (GDP) increased at an annual rate of 2. 7 percent in 2018 to total U. In December, the central bank lowered the growth projections for 2018 and 2019 to 4. Thailand’s economy is projected to grow by 3. 7 percent, the Thai economy has slowed sharply to 3. After decades of isolation, Myanmar has started to undertake major reforms towards a democratic system and market-based economy. Indonesia’s economic performance has been shaped by government. The report showed that Vietnam’s growth slowed to 5. 0 vision has been developed from a realisation that digital technologies can drive socio-economic development and economic growth of countries. Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) has completed a blockchain trial with one of Australia’s big four banks, the Commonwealth Bank. The average growth rate has been calculated using the geometric mean to obtain a ten-year equivalent rate. 6 percent this year. The most critical indicator is the gross domestic product, which measures the nation's production output. The South Korean economy again recovered with the record. 5% this year and 3. Private residential will again see the most growth at 6% to 9% with private nonresidential coming in at an increase between 1% and 5%. Power rental, also known as power on hire comes with numerous advantages over the other counterparts. This area’s growth is estimated to be 4. The importance of the services sector to the growth of Thailand's economy is due to the fact that other sectors (like industry and manufacturing) also depend on it for survival. The Bank of Thailand has left its policy interest rate unchanged at 1. 7% in the previous year. ” Such growth has enabled China, on average, to double its GDP every. Exchange Rate Forecasts from Pound Currency markets are still due a regime change in 2019 as the global economic league tables turn agains the U. GDP outcome. China’s Strong Economic Growth Figures Belie Signs of Weakness The United States has started a trade war with China, and by this autumn it could widen the conflict by hitting another $200. As March, 2018 Vietnam's economy continued to grow, achieving the best annual growth rate in over a decade; which has led media outlets to speculate if in the near future it could be one of the asian tigers. the GDP growth forecast for 2018 is maintained at “2. The overall tax rate on the richest 400 households last year was only 23 percent, meaning that their combined tax payments equaled less than one quarter of their total income. 5 percent in 2018 up 50 bps y/y. APEC member economies launched the APEC Women in STEM Principles and Actions, a set of suggested principles and actions for encouraging women’s participation in the fields of science, technology, engineering, and mathematics, commonly referred to as STEM. GDP growth increased across a broad range of economies and world GDP growth reached its highest rate since 2011. Economic growth rate for the third quarter was registered at 3. Real GDP Growth YoY data in Thailand is updated quarterly, available from Mar 1994 to Jun 2019, with an average rate of 4. 'Annual growth rate' of GDP is simply 'the rate at which actual GDP grows annually Y-O-Y'. In 2018, real GDP growth for Thailand was 4. 5 per cent in this fiscal, shaking off the disruptions from demonetisation and. 3 per cent for 2017-2018 is based on an expected pick-up in global activity, the World Bank report said. 6 percent growth and reversing from a downwardly revised 0. 27 percent (y/y) growth pace of the Indonesian economy in Q2-2018 is a welcome surprise. Thailand demographics 2018 The population growth rate is 0. The growth rates are year-over-year, and not compounded. 0% in 2019 and 2020 - ADO 2019 Per capita GDP growth for Thailand is expected at 3. Thailand’s economic recovery is broadening in 2018. 99% during the period 2018-2022. 06 percent compared to the previous year, when it was just recovering from a slump below the -percent-mark in 2015. Learn more about the Thailand economy, including the population of Thailand , GDP, facts, trade, business, inflation and other data and analysis on its economy from the Index of Economic Freedom. Nov 19, 2018 · Thailand's economy surprisingly stalled in the third quarter, as exports and tourism softened, and the state planning agency showed less optimism on growth for all of 2018. The difference between economic growth and GDP is not a very distinct one since both are closely related. Economic growth inches up to 6. The euro area and EU economies are both estimated to have grown by 2. It also has an extensive art collection, including various images of Buddha, Thai paintings, porcelain, pottery, gold, silver, and Chinese and Thai furnishings. The housing market has also improved, after slumping in 2018, thanks in part to the Fed’s rate cuts. 5% for eighteen straight month Bank of Thailand (BOT) maintained its policy rate, i. Thailand's Economic Outlook in Six Charts. 0 p ercent YoY. Gross domestic product grew 4 percent year-on-year in the fourth. Gross domestic product. Consumer Price Index: CPI 101. Vietnam’s exports have witnessed a growth slowdown. 9% over the forecasted period. To see the debt to GDP ratio since 1929, go to "National Debt by Year. 7 per cent and raised. Growth rates for the euro area and the EU beat expectations last year as the transition from economic recovery to expansion continues. Read about Thailand's medical device and pharmaceutical markets, including market sizes, growth rates, GDP, and more. Moody's Analytics, a subsidiary of Moody's Corp. " Real GDP takes out the effect of inflation. Furthermore, Thai export growth was supported by satisfactory growth in gold exports from increasing gold prices (110. 316 trillion baht (US$504. 1 Thailand Automotive Institute as of February 2017 2 World's Top Export 3 Ministry of Commerce Note: * Compound Annual Growth Rate (2009-2016) Exchange rate (BOT, March 1, 2017): USD 1 = THB 34. In December, the central bank lowered the growth projections for 2018 and 2019 to 4. Notes: Please refer to the Methodology tab for more details on deviations from official GDP growth as well as the country compositions of the regions shown in the table. 4% Budget Performance ₦’Billion Expenditure ₦’Billion % 434 Statutory transfer 288 66 2,991 Recurrent (non-debt) expenditure 1,939 65 1,841 Debt service 1,541 84 2,175 Capital expenditure 377 17 - Others 113 N/A. With the positive sign from mentioning factors, Thai economic growth would continue to improve and expect to rise from 3. 2 Percent Exports, a key driver of Thai growth, should increase 6. After a series of data scandals, privacy. 8% in 2018 after experiencing a 16. The current population of Thailand is 69,684,278 as of Friday, November 1, 2019, based on Worldometers elaboration of the latest United Nations data. Chart of the month September 2019. The governm. It also has an extensive art collection, including various images of Buddha, Thai paintings, porcelain, pottery, gold, silver, and Chinese and Thai furnishings. 63% last year. Exponential growth rate: the growth rate, r, between two points in time calculated from the equation r = ln(pn/p0)/n, where pn and p0 are the last and first observations in the period, n is the number of years in the period range, and ln is the natural logarithm operator. The 2018 Budget is scheduled for 21 st February 2018, with Moody’s in particular looking for “measures intended to halt the gradual deterioration of South Africa’s fiscal profile”. 9% of GDP in 2018, before narrowing to 2. 49 percent in 2013 and a maximum of 3. VP Bank reported an estimated increase in Thailand's GDP, growing from 3. 7 percent in 2018 and 2019, before growing at a slightly slower rate of 6. 4% and both the World Bank’s and Asian Development Bank’s (ADB) projections of 5. A better combination of exchange rate and interest policies will have to be established in order to contribute to the recovery and renewed growth. 9%, higher than 2016's 4. 3 % YoY in Jun 2019, following a growth of 2. 4% (it had only increased by 1. Discover the latest market trends and uncover sources of future market growth for the Luxury Goods industry in Thailand with research from Euromonitor's team of in-country analysts. 2018 to see 6% economic growth rates in 2018: El-Kosayer Public debt is still safe and, unlikely to increase, keeping the current level of reserves is a great achievement Hossam Mounir January 21, 2018 Be the first to comment. Source: The Conference Board Global Economic Outlook 2020. Thailand Raises 2018 GDP to 4. 00 (consensus 32. 6 percent in the fourth quarter of 2018 (table 1), according to the "initial" estimate released by the Bureau of Economic Analysis. Experts use nominal GDP to compare GDP to the U. 2% in 2009 when the global financial crisis hit. 3% in 2008 and 0. Australia's average GDP growth rate for the period 1901-2000 was 3. The Compound Annual Growth Rate (CAGR) of GDP (constant 2005 US$) will be used instead of Real GDP Growth Rate while calculating the Market Growth Rate. BANGKOK, April 9, 2018 – Thailand’s economy is expected to grow by 4. Countries by real GDP growth rate (2017) This article includes a list of countries and dependent territories sorted by their real gross domestic product growth rate ; the rate of growth of the value of all final goods and services produced within a state in a given year. 9% in 2019-20 as external and domestic demand remain muted. Retail construction starts are expected to decline another 2.