Thailand current account

Thailand current account: 700 (-1850%)
Last Update: May 31, 2024

Thailand current account closed down 700 as of May 31, 2024 from -40 from the previous month and -2831.76 from last year.

Thailand current account Analytics & Data

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Thailand current account

2024-05-31 700
2024-04-30 -40
2024-03-31 1100
2024-02-29 1965.45
2024-01-31 -190.51
2023-12-31 2265.83
2023-11-30 -1243.67
2023-10-31 664.61
2023-09-30 3171.14
2023-08-31 484.11
2023-07-31 -1053.94
2023-06-30 1724.74
2023-05-31 -2831.76
2023-04-30 54.1
2023-03-31 4540.26
2023-02-28 990.53
2023-01-31 -2035.27
2022-12-31 854.35
2022-11-30 -521.79
2022-10-31 410.88
2022-09-30 73.68
2022-08-31 -3157.14
2022-07-31 -3944.89
2022-06-30 -3079.77

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Thailand current account Statistics

current accountth.currentaccount700.0-40-1850-125DownUP252024-05-31

Thailand current account Factors

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Thailand current account Historical Data

The MacroVar database offers free access to historical data for the Thailand current account, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Thailand current account data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Thailand current account

The current account of Thailand refers to the country's overall balance of trade in goods and services with the rest of the world. It includes exports and imports of goods, services, income, and transfers. A positive current account balance indicates that Thailand is exporting more than it is importing, leading to a surplus. This surplus can be used to invest in foreign assets or pay off foreign debt. On the other hand, a negative current account balance means that Thailand is importing more than it is exporting, resulting in a deficit. This deficit may need to be financed by borrowing from abroad. Overall, the current account is an important indicator of a country's economic health and its ability to sustain its trade relationships with other countries.