Reference

Β·

Primary source

Construction sector share of Thai GDP

~6–7%

As ofFY2024Β·Sources2Β·Primary

Thailand's construction and real-estate-related activities together account for roughly 6–7% of nominal GDP, making it one of the largest non-manufacturing contributors to domestic output. The NESDC tracks construction value-added separately from real-estate services; construction alone (residential, non-residential, and civil-works) typically contributes 2.5–3% of GDP while related engineering services lift the combined share toward 6–7%. Public infrastructure spending β€” including the Eastern Economic Corridor (EEC) rail-road package and Bangkok metro expansions β€” has supported the sector through cyclical downturns in private residential starts. Figures sourced from NESDC national accounts and the Bank of Thailand's Sectoral GDP decomposition.

Figure in context

Thailand's construction and real-estate-related activities together account for roughly 6–7% of nominal GDP, making it one of the largest non-manufacturing contributors to domestic output. The NESDC tracks construction value-added separately from real-estate services; construction alone (residential, non-residential, and civil-works) typically contributes 2.5–3% of GDP while related engineering services lift the combined share toward 6–7%. Public infrastructure spending β€” including the Eastern Economic Corridor (EEC) rail-road package and Bangkok metro expansions β€” has supported the sector through cyclical downturns in private residential starts. Figures sourced from NESDC national accounts and the Bank of Thailand's Sectoral GDP decomposition.

Thailand's construction and real-estate-related activities together account for roughly 6–7% of nominal GDP, making it one of the largest non-manufacturing contributors to domestic output. The NESDC tracks construction value-added separately from real-estate services; construction alone (residential, non-residential, and civil-works) typically contributes 2.5–3% of GDP while related engineering services lift the combined share toward 6–7%. Public infrastructure spending β€” including the Eastern Economic Corridor (EEC) rail-road package and Bangkok metro expansions β€” has supported the sector through cyclical downturns in private residential starts. Figures sourced from NESDC national accounts and the Bank of Thailand's Sectoral GDP decomposition.

Time scope

FY2024

Source basis

Primary source

Interpretation notes

What this tells you

Thailand's construction and real-estate-related activities together account for roughly 6–7% of nominal GDP, making it one of the largest non-manufacturing contributors to domestic output. The NESDC tracks construction value-added separately from real-estate services; construction alone (residential, non-residential, and civil-works) typically contributes 2.5–3% of GDP while related engineering services lift the combined share toward 6–7%. Public infrastructure spending β€” including the Eastern Economic Corridor (EEC) rail-road package and Bangkok metro expansions β€” has supported the sector through cyclical downturns in private residential starts. Figures sourced from NESDC national accounts and the Bank of Thailand's Sectoral GDP decomposition.

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Construction sector share of Thai GDP Β· Insight