Economy of Thailand. Statistics, Data and Indicators
Thailand
| 63BBB+ | Credit rank #42 |
| 101.18 | Quality of life #52 |
| 101 | Corruption rank#93 |
| 21 | Ease of doing business#27 |
Thailand Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 495 USD Billion | 2022 |
| GDP Annual Growth Rate | 1.8 % | 2Q/23 |
| GDP Growth Rate | 0.2 % | 2Q/23 |
| GDP per capita | 6278 USD | 2022 |
| Inflation Rate YoY | 0.3 % | Sep/23 |
| Interest Rate | 2.5 % | Sep/23 |
| Unemployment Rate | 1.06 % | Jun/23 |
| Wages | 15412 THB/Month | 423.147 USD/Month | 2Q/23 |
| Balance of Trade | 360 USD Million | 0.36 B USD | Aug/23 |
| Current Account | 401 USD Million | 0.401 B USD | Aug/23 |
| Foreign Exchange Reserves | 211750 USD Million | 211.75 B USD | Sep/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 495 USD Billion | 2022 |
| GDP Annual Growth Rate | 1.8 % | 2Q/23 |
| GDP Growth Rate | 0.2 % | 2Q/23 |
| GDP per capita | 6278 USD | 2022 |
| Gross National Product | 2704556 THB Billion | 74255.5 B USD | 2Q/23 |
| GDP Constant Prices | 2720013 THB Million | 74.68 B USD | 2Q/23 |
| GDP per capita PPP | 17507 USD | 2022 |
| GDP From Agriculture | 172462 THB Million | 4.735 B USD | 2Q/23 |
| GDP From Construction | 73799 THB Million | 2.026 B USD | 2Q/23 |
| GDP From Manufacturing | 700037 THB Million | 19.22 B USD | 2Q/23 |
| GDP From Mining | 40438 THB Million | 1.11 B USD | 2Q/23 |
| GDP From Public Administration | 134754 THB Million | 3.7 B USD | 2Q/23 |
| GDP From Transport | 156765 THB Million | 4.304 B USD | 2Q/23 |
| GDP From Utilities | 92637 THB Million | 2.543 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 60.96 % | 2022 |
| Government Budget Value | -19206 THB Million | -0.527 USD Billion | Jul/23 |
| Government Spending | 403733 THB Million | 11.085 USD Billion | 2Q/23 |
| Government Revenues | 201636 THB Million | 5.536 USD Billion | Aug/23 |
| Fiscal Expenditure | 171247 THB Million | 4.702 B USD | Aug/23 |
| Government Budget to GDP | -4.9 % | 2022 |
| Military Expenditure | 5724 USD Million | 5.724 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 108 index points | Sep/23 |
| Export Prices | 123 index points | Aug/23 |
| Food Inflation | -0.1 % | Sep/23 |
| Gasoline Prices | 1.26 USD/Liter | Jun/23 |
| GDP Deflator | 165 index points | 2Q/23 |
| Import Prices | 126 index points | Aug/23 |
| Inflation Rate YoY | 0.3 % | Sep/23 |
| Producer Prices | 112 index points | Sep/23 |
| Inflation Rate Mom | -0.36 % | Sep/23 |
| Core Consumer Prices | 104 Index Points | Sep/23 |
| Core Inflation Rate | 0.63 % | Sep/23 |
| CPI Housing Utilities | 103 Index Points | Sep/23 |
| CPI Transportation | 113 Index Points | Sep/23 |
| Producer Prices Change | -1.76 % | Sep/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -0.5 % | 2022 |
| Balance of Trade | 360 USD Million | 0.36 USD Billion | Aug/23 |
| Current Account | 401 USD Million | 0.401 USD Billion | Aug/23 |
| Exports | 24280 USD Million | 24.28 USD Billion | Aug/23 |
| External Debt | 192845 USD Million | 192.845 USD Billion | 2Q/23 |
| Foreign Exchange Reserves | 211750 USD Million | 211.75 USD Billion | Sep/23 |
| Imports | 23920 USD Million | 23.92 USD Billion | Aug/23 |
| Terms of Trade | 97.65 Index Points | Aug/23 |
| Tourist Arrivals | 2468042 Persons | 2.468 Million Persons | Aug/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 6.75 % | Sep/23 |
| Gold Reserves | 244 Tonnes | 2Q/23 |
| Interbank Rate | 2.64 % | Oct/23 |
| Interest Rate | 2.5 % | Sep/23 |
| Loans to Private Sector | 4738595 THB Million | 130.101 USD Billion | Aug/23 |
| Money Supply M0 | 2103 THB Million | 0.058 USD Billion | Aug/23 |
| Money Supply M1 | 2934 THB Billion | 80.555 USD Billion | Aug/23 |
| Money Supply M3 | 24918 THB Billion | 684.141 USD Billion | Aug/23 |
| Central Bank Balance Sheet | 8789562 THB Million | 241.324 B USD | Aug/23 |
| Deposit Interest Rate | 0.51 % | 2022 |
| Foreign Direct Investment | 9465 THB Million | 0.26 B USD | Jun/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 353 THB/Day | 203.529 USD/Month | 2023 |
| Unemployment Rate | 1.06 % | Jun/23 |
| Wages | 15412 THB/Month | 423.147 USD/Month | 2Q/23 |
| Youth Unemployment Rate | 6.5 % | Sep/22 |
| Employed Persons | 39677 Thousand Person | 39.677 Million Person | Jun/23 |
| Job Vacancies | 19314 | 19.314 K | Aug/23 |
| Unemployed Persons | 429 Thousand Persons | 0.429 Million Persons | Jun/23 |
| Wages in Manufacturing | 14541 THB/Month | 399.233 USD/Month | 4Q/22 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 20 % | 2023 |
| Personal Income Tax Rate | 35 % | 2023 |
| Sales Tax Rate | 7 % | 2023 |
| Social Security Rate | 10 % | 2023 |
| Social Security Rate For Companies | 5 % | 2023 |
| Social Security Rate For Employees | 5 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 137 BBL/D/1K | May/23 |
| Industrial Production | -7.53 % | Aug/23 |
| Car Production | 166361 Units | Aug/19 |
| Industrial Production (MoM) | 1.07 % | Aug/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 50.4 index points | Sep/23 |
| Corruption Index | 36 index points | 2022 |
| Corruption Rank | 101 place | 2022 |
| Ease of Doing Business | 21 place | 2019 |
| Manufacturing PMI | 47.8 index points | Sep/23 |
| Competitiveness Index | 68.11 Index Points | 2019 |
| Competitiveness Rank | 40 | 2019 |
| Leading Economic Index | 159 Index Points | Aug/23 |
| Total Vehicle Sales | 76195 Units | Sep/19 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 58.7 index points | Sep/23 |
| Retail Sales YoY | 0.99 % | Jul/23 |
| Consumer Credit | 5411495 THB Million | 148.576 USD Billion | 2Q/23 |
| Consumer Spending | 1616565 THB Million | 44.384 USD Billion | 2Q/23 |
| Disposable Personal Income | 9560494 THB Million | 262.49 B USD | 2021 |
| Households Debt To GDP | 91.6 % | 1Q/23 |
