Description
Thailand Real Gross Domestic Product (GDP) in US Dollars is released by the Office of the National Economic and Social Development Council (NESDC). This indicator measures the total value of all goods and services produced within Thailand, adjusted for inflation and expressed in US dollars. It serves as a key measure of economic performance and growth for the country. Higher GDP figures indicate a strong performing economy, while lower figures suggest economic downturn.
Real GDP is calculated by adjusting Nominal GDP for inflation using the GDP deflator. It comprises the total value of all goods and services produced within Thailand, converted to US dollars using the current exchange rate.
The data is updated quarterly, typically within 60 days after the end of each quarter.