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Economy of Tajikistan vs Thailand compared: GDP & Debt

Updated on by Georank team

Tajikistan has a GDP of $14.2B compared to $527B for Thailand, ranking 145/197 and 31/197 by economy size, respectively.

Tajikistan has $3.54B in government debt (24.9% of GDP), compared to $333B (63.2% of GDP) in Thailand.

Tajikistan vs Thailand GDP by year

Tajikistan
Thailand
1x
Year GDP, current $
Tajikistan Thailand
2024 $14,204,575,549 $526,517,658,842
2023 $12,244,169,293 $515,906,283,941
2022 $10,713,525,200 $495,644,697,588
2021 $8,937,805,347 $506,194,668,790
2020 $8,133,963,551 $500,461,898,480
2019 $8,300,813,599 $543,976,691,794
2018 $7,764,999,999 $506,754,208,404
2017 $7,536,402,853 $456,356,813,537
2016 $6,992,416,097 $413,366,349,748
2015 $8,271,431,485 $401,296,238,228
2014 $9,112,605,459 $407,339,040,198
2013 $8,448,411,318 $420,333,654,593
2012 $7,633,036,903 $397,558,325,279
2011 $6,522,756,255 $370,818,739,624
2010 $5,642,221,099 $341,104,766,329
2009 $4,979,472,364 $281,710,630,187
2008 $5,161,299,725 $291,382,982,431
2007 $3,719,524,541 $262,942,621,455
2006 $2,830,213,849 $221,758,296,022
2005 $2,312,352,021 $189,318,408,469
2004 $2,076,176,869 $172,895,685,155
2003 $1,555,318,261 $152,280,615,246
2002 $1,221,106,220 $134,300,904,400
2001 $1,080,772,551 $120,296,476,180
2000 $860,541,842 $126,392,224,254
1999 $1,086,612,290 $126,669,211,779
1998 $1,320,199,582 $113,675,596,788
1997 $921,518,033 $150,180,456,566
1996 $1,043,654,822 $183,035,237,429
1995 $1,231,561,860 $169,278,916,593
1994 $1,522,001,206 $146,683,778,959
1993 $1,646,623,195 $128,889,262,951
1992 $1,908,554,572 $111,452,746,518
1991 $2,536,585,366 $98,234,714,971
1990 $2,629,395,066 $85,343,190,719
1989 - $72,250,748,100
1988 - $61,667,253,471
1987 - $50,535,446,555
1986 - $43,096,773,981
1985 - $38,900,711,333
1984 - $41,797,647,776
1983 - $40,042,798,388
1982 - $36,589,772,404
1981 - $34,846,039,194
1980 - $32,353,514,989
1979 - $27,371,650,825
1978 - $24,006,566,637
1977 - $19,779,312,261
1976 - $16,985,208,648
1975 - $14,882,770,594
1974 - $13,702,998,512
1973 - $10,838,587,358
1972 - $8,177,873,151
1971 - $7,375,000,024
1970 - $7,086,538,438
1969 - $6,695,336,567
1968 - $6,081,009,428
1967 - $5,638,461,442
1966 - $5,279,230,817
1965 - $4,388,937,649
1964 - $3,889,129,942
1963 - $3,540,403,457
1962 - $3,308,912,797
1961 - $3,034,037,811
1960 - $2,760,750,861

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/tajikistan/thailand | CC BY

GDP per capita in Tajikistan vs Thailand by year

Tajikistan
GDP per capita

GDP per capita, PPP
Thailand
GDP per capita

GDP per capita, PPP
1x
Year Current $
Tajikistan Thailand
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,341 $5,406 $7,347 $24,712
2023 $1,178 $4,964 $7,195 $23,519
2022 $1,052 $4,514 $6,909 $22,243
2021 $897 $3,986 $7,057 $20,243
2020 $834 $3,654 $6,986 $19,164
2019 $871 $3,460 $7,606 $19,963
2018 $834 $3,069 $7,100 $18,876
2017 $829 $3,017 $6,413 $17,573
2016 $789 $2,914 $5,834 $16,671
2015 $957 $2,975 $5,689 $15,791
2014 $1,082 $3,152 $5,801 $15,365
2013 $1,028 $2,919 $6,018 $15,216
2012 $952 $2,679 $5,726 $14,617
2011 $834 $2,456 $5,374 $13,227
2010 $737 $2,291 $4,974 $12,932
2009 $665 $2,171 $4,135 $11,964
2008 $703 $2,120 $4,309 $12,062
2007 $517 $1,966 $3,919 $11,723
2006 $401 $1,810 $3,331 $10,912
2005 $334 $1,673 $2,868 $10,169
2004 $306 $1,550 $2,642 $9,545
2003 $233.6 $1,396 $2,348 $8,824
2002 $187 $1,257 $2,090 $8,148
2001 $168.7 $1,139 $1,890 $7,632
2000 $136.9 $1,036 $2,006 $7,289
1999 $175 $947 $2,033 $6,901
1998 $213.7 $905 $1,848 $6,590
1997 $150.1 $855 $2,473 $7,148
1996 $172 $836 $3,055 $7,322
1995 $207 $1,006 $2,864 $6,901
1994 $261.3 $1,148 $2,518 $6,341
1993 $287.6 $1,454 $2,245 $5,834
1992 $338 $1,721 $1,972 $5,347
1991 $458 $2,417 $1,766 $4,914
1990 $487 $2,583 $1,559 $4,451
1989 - - $1,342 -
1988 - - $1,164 -
1987 - - $970 -
1986 - - $842 -
1985 - - $774 -
1984 - - $847 -
1983 - - $827 -
1982 - - $770 -
1981 - - $748 -
1980 - - $709 -
1979 - - $612 -
1978 - - $548 -
1977 - - $462 -
1976 - - $405 -
1975 - - $364 -
1974 - - $343 -
1973 - - $278.3 -
1972 - - $215.6 -
1971 - - $199.7 -
1970 - - $197.1 -
1969 - - $191.4 -
1968 - - $178.8 -
1967 - - $170.7 -
1966 - - $164.5 -
1965 - - $140.9 -
1964 - - $128.6 -
1963 - - $120.7 -
1962 - - $116.2 -
1961 - - $109.7 -
1960 - - $102.8 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/tajikistan/thailand | CC BY

Tajikistan's GDP per capita is $1,341, ranking 166/197, compared to $7,347 in Thailand, ranking 100/197. Adjusted for purchasing power (GDP per capita PPP), Tajikistan ranks 157th at $5,406, while Thailand ranks 85th at $24,712.

Economic indicators

Tajikistan Thailand
Gross domestic product
$14.2B
2024
$527B
2024
GDP rank
145/197
2024
31/197
2024
GDP growth
8.4%
2023-2024
2.54%
2023-2024
GDP per capita
$1,341
2024
$7,347
2024
GDP per capita rank
166/197
2024
100/197
2024
GDP per capita, PPP
$5,406
2024
$24,712
2024
GDP per capita PPP rank
157/197
2024
85/197
2024
Government debt
$3.54B
2024
$333B
2024
Debt-to-GDP ratio
24.9%
2024
63.2%
2024
Government debt per person
$335
2024
$4,643
2024
Government debt per person rank
175/185
2024
84/185
2024
Average annual personal income after taxes
$2,591
2026
$6,733
2026
Market capitalization of domestic companies n/a
$520B
2024
Number of millionaires n/a
100,001
2025
Number of billionaires n/a
25
2025
Income share by richest 10%
28.2%
2024
26.1%
2023
Income share by poorest 10%
2.9%
2024
3.4%
2023
Government expenditure, % of GDP
27.7%
2024
22.7%
2024
Consumer prices inflation
3.5%
2023-2024
1.37%
2023-2024
Central bank interest rate
7.75%
2025
1.5%
2025
Unemployment rate
0.08%
2016
0.78%
2024
Population
11038274
71571743

Spending and national debt comparison by year

Tajikistan
Spending

Debt
Thailand
Spending

Debt
1x
Year % of GDP
Tajikistan Thailand
Government spending Government debt Government spending Government debt
2024 27.7% 24.9% 22.7% 63.2%
2023 28% 29.9% 22.8% 62.3%
2022 27.4% 31.8% 24.7% 60.5%
2021 27.6% 42% 26.8% 58.3%
2020 29.2% 50.9% 24.9% 49.4%
2019 28.8% 43.2% 20.6% 41.1%
2018 30.9% 46.3% 21.2% 41.9%
2017 33.8% 46.3% 21.5% 41.8%
2016 32.7% 42.2% 21.4% 41.7%
2015 31.9% 35% 22.3% 42.6%
2014 27.5% 27.9% 22.2% 43.3%
2013 27.7% 29.3% 21.6% 42.2%
2012 24.7% 32.5% 22.3% 41.9%
2011 24.3% 35.5% 21.1% 39.1%
2010 25.9% 36.8% 22% 39.8%
2009 23.6% 36.9% 21.7% 42.4%
2008 20.2% 30.2% 19.2% 34.9%
2007 20.3% 34.3% 20% 36%
2006 21.6% 36.8% 18.7% 39.2%
2005 22.9% 45.8% 19.6% 45.5%
2004 20.2% 49.4% 19.3% 46.3%
2003 19.1% 69.8% 18.3% 47.5%
2002 19.1% 98.3% 25.7% 54.9%
2001 17.3% 99.4% 20.8% 57.5%
2000 18.1% 111.4% 19.3% 57.8%
1999 17.5% 107.8% 26.5% 56.6%
1998 17.1% 96.6% 23.9% 49.9%
1997 - - 21.6% 40.5%
1996 - - 18% 15.2%
1995 - - 17.2% 5.12%
1994 - - 16% 6.69%
1993 - - 18.8% 9.14%
1992 - - 17.8% 11.4%
1991 - - 17% 14.1%
1990 - - 16.6% 18%
1989 - - 16.5% 23.7%
1988 - - 15.1% 30.3%
1987 - - 17.5% 38.8%
1986 - - 19.5% 40.1%
1985 - - 20.5% 36.8%
1984 - - 19.3% 30.6%
1983 - - 19.5% 28.9%
1982 - - 20.2% 27.1%
1981 - - 19.1% 24.4%
1980 - - 18.7% 22.1%
1979 - - 16.9% 23.7%
1978 - - 16.6% 22.8%
1977 - - 16.1% 22.4%
1976 - - 15.6% 22%
1975 - - 14.2% 15.8%
1974 - - 13.2% 16.3%
1973 - - 15.9% 21.2%
1972 - - 18.5% 26.8%
1971 - - 18.8% 21.5%
1970 - - 17.6% 18.5%
1969 - - 15.9% 17.7%
1968 - - 16% 15.5%
1967 - - 15.5% 15%
1966 - - 14.7% 14.4%
1965 - - 14.7% 14.8%
1964 - - 13.3% 13.3%
1963 - - 12% 12.6%
1962 - - 11.9% 13.4%
1961 - - 9.58% 12.9%
1960 - - 12.1% 14.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20).

GeoRank.org/economy/tajikistan/thailand | CC BY

In 2024, Tajikistan's government spending was $3.93B, accounting for 27.7% of its GDP, while Thailand spent $120B, or 22.7% of GDP.

Debt-to-GDP ratio is 24.9% in Tajikistan and 63.2% in Thailand, ranking 166/185 and 74/185, respectively.

Government deficit by year

Deficit/surplus
Tajikistan

Thailand
1x
Year Deficit/surplus, % of GDP
Tajikistan Thailand
2024 0.28% -1.29%
2023 -0.93% -1.98%
2022 -0.23% -4.61%
2021 -0.64% -6.74%
2020 -4.34% -4.47%
2019 -2.04% 0.43%
2018 -2.69% 0.2%
2017 -5.65% -0.42%
2016 -2.91% 0.41%
2015 -1.96% 0.19%
2014 0.92% -0.7%
2013 -0.73% 0.6%
2012 0.41% -0.86%
2011 0.6% 0.09%
2010 -2.71% -1.07%
2009 -0.2% -2.21%
2008 1.94% 0.8%
2007 2.13% 0.22%
2006 2% 1.87%
2005 -2.83% 2.17%
2004 -2.32% 1.11%
2003 -1.74% 1.98%
2002 -2.4% -6.72%
2001 -2.11% -1.77%
2000 -4.51% -1.79%
1999 -4.03% -9.02%
1998 -5.09% -6.29%
1997 - -1.68%
1996 - 2.75%
1995 - 3.05%
1994 - 2.78%
1993 - 6.67%
1992 - -0.18%
1991 - 1.6%
1990 - 1.41%
1989 - 0.16%
1988 - 0.58%
1987 - -2.38%
1986 - -4.32%
1985 - -5.11%
1984 - -3.85%
1983 - -4.02%
1982 - -6.18%
1981 - -4.07%
1980 - -4.41%
1979 - -3.62%
1978 - -3.31%
1977 - -2.91%
1976 - -3.35%
1975 - -1.73%
1974 - 1.29%
1973 - -2.7%
1972 - -4.81%
1971 - -5.47%
1970 - -3.73%
1969 - -2.53%
1968 - -2.79%
1967 - -2.1%
1966 - -1.13%
1965 - -1.05%
1964 - -1.01%
1963 - -0.81%
1962 - -0.27%
1961 - 0.05%
1960 - 0.48%
1959 - -1.15%
1958 - -0.91%
1957 - -1.31%
1956 - -1.38%
1955 - -1.65%
1954 - -3.46%
1953 - -3.56%
1952 - -2.4%
1951 - -3.54%
1950 - -0.7%
1949 - 0.7%
1948 - -0.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1948–1994, retrieved 2026-02-20).

GeoRank.org/economy/tajikistan/thailand | CC BY

In 2024, Tajikistan's government surplus, the difference between spending and revenue, was $39.2M, equivalent to 0.28% of GDP. This compares to Thailand's deficit of $6.81B, or 1.29% of GDP.

Over the past 27 years, Tajikistan recorded a fiscal deficit in 20 of those years, while Thailand ran a deficit in 15 years. On average, Tajikistan posted an annual deficit equal to 1.55% of GDP, compared to deficit of 1.48% of GDP for Thailand.

Inflation comparison by year

Inflation
Tajikistan

Thailand
1x
Year Consumer prices inflation
Tajikistan Thailand
2024 3.5% 1.37%
2023 3.7% 8.48%
2022 6.6% -1.61%
2021 9% 1.23%
2020 8.6% -0.85%
2019 7.8% 0.71%
2018 3.8% 1.06%
2017 7.3% 0.67%
2016 5.9% 0.19%
2015 5.8% -0.9%
2014 6.1% 1.9%
2013 5% 2.18%
2012 5.8% 3.01%
2011 12.4% 3.81%
2010 6.5% 3.25%
2009 6.4% -0.85%
2008 20.4% 5.47%
2007 13.2% 2.24%
2006 10% 4.64%
2005 7.3% 4.54%
2004 7.2% 2.76%
2003 16.4% 1.8%
2002 12.2% 0.7%
2001 38.6% 1.63%
2000 32.9% 1.59%
1999 27.5% 0.28%
1998 43.2% 7.99%
1997 88% 5.63%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/tajikistan/thailand | CC BY

Over the past 28 years, Tajikistan has recorded an average annual inflation rate of 15%, compared with 2.25% in Thailand. In 2024, inflation was 3.5% in Tajikistan and 1.37% in Thailand.

Top exports between countries

Tajikistan
Export category Export value
Precious metals & jewellery $19K
Thailand
Export category Export value
Textiles & consumer goods $2.09M
Wood & paper products $848K
Machinery & equipment $579K
Raw materials & minerals $338K
Raw agricultural goods $163K
Processed food, beverages & tobacco $111K
Metals $49K
Chemicals & pharma $45K

Balance of trade

Tajikistan Thailand
Current account balance
$887M
2024
$11.6B
2024
Current account balance ranking
54/190
2024
23/190
2024
Current account balance, % of GDP
+6.24%
2024
+2.21%
2024
Goods imports
$5.94B
2024
$276B
2024
Goods exports
$1.42B
2024
$297B
2024
Service imports
$971M
2024
$74B
2024
Service exports
$195M
2024
$71.9B
2024
Imports of goods and services, % of GDP
48.4%
2023
66.7%
2024
Exports of goods and services, % of GDP
17.2%
2023
70%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Tajikistan Thailand
Economic freedom 52.5 62.2
Economic freedom ranking 147/197 88/197
Property rights 28.4 41.8
Government integrity 18.5 38.9
Judicial effectiveness 10.1 35
Tax burden 94.2 80.8
Government spending 77 83.6
Fiscal health 98.6 81
Business freedom 60.6 69.9
Labor freedom 43.4 56.4
Monetary freedom 72.6 73.3
Trade freedom 72.2 70.2
Investment freedom 25 55
Financial freedom 30 60

Economic freedom comparison by year

Tajikistan
Thailand
1x
Year Economic freedom index
Tajikistan Thailand
2026 52.5 62.2
2025 51.5 60.6
2024 51.3 59
2023 50.6 60.6
2022 49.7 63.2
2021 55.2 69.7
2020 52.2 69.4
2019 55.6 68.3
2018 58.3 67.1
2017 58.2 66.2
2016 51.3 63.9
2015 52.7 62.4
2014 52 63.3
2013 53.4 64.1
2012 53.4 64.9
2011 53.5 64.7
2010 53 64.1
2009 54.6 63
2008 54.4 62.3
2007 53.6 63.5
2006 52.6 63.3
2005 50.4 62.5
2004 48.7 63.7
2003 46.5 65.8
2002 47.3 69.1
2001 46.8 68.9
2000 44.8 66.6
1999 41.2 66.9
1998 41.1 67.3
1997 - 66.1
1996 - 71
1995 - 71.3

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/tajikistan/thailand | CC BY

The Economic Freedom Index for Tajikistan is 52.5, ranking 147/197, compared to 62.2 for Thailand, ranking 88/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Tajikistan Thailand
Services, % of GDP
34.7%
2023
59.2%
2024
Industry, % of GDP
33.6%
2023
32.1%
2024
Agriculture, forestry, and fishing, % of GDP
22.9%
2023
8.71%
2024
GNI, Atlas method
$17.5B
2024
$509B
2024
GNI per capita, PPP
$7,100
2024
$23,960
2024
Total reserves including gold
$3.3B
2023
$237B
2024
Total reserves ranking
117/177
2023
15/177
2024
Net foreign direct investment
-$190M
2024
-$6.95B
2024
Net inflows of foreign direct investment
$291M
2024
$14.3B
2024
Net outflows of foreign direct investment
$101M
2024
$7.36B
2024
Servicing debt to the IMF, % of GNI
3.07%
2024
3.52%
2024
Poverty at national poverty lines
19.8%
2024
5.4%
2022
Gross capital formation, % of GDP
31.7%
2023
21.6%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/tajikistan/thailand | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1948–1995, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.