Name: Thailand Business Confidence
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Thailand,Business Confidence,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

Thailand’s Business Sentiment Index rose to 46.7 in July 2026 from 46.1 in June, the highest reading in four months.The improvement was driven mainly by stronger sentiment in the non-manufacturing sector, supported by lower fuel costs and increased flight services, while gains were partly offset by weaker confidence in manufacturing amid concerns over US import tariffs. Sentiment improved for business performance (50.0 vs 49.3) and investment (51.2 vs 50.7), while expectations for production (48.6 vs 51.9), employment (48.9 vs 50.2), and total order books (47.5 vs 48.1) turned less optimistic. Meanwhile, manufacturing confidence weakened, led by lower order books in the home electrical appliance industry. High production costs remained the top business constraint for the fifth straight month, while inflation expectations for the next 12 months eased slightly to 2.6%. Moreover, the three-month expected Business Sentiment Index rose to 50.7 from 48.0. source: Bank of Thailand

Business Confidence in Thailand increased to 46.70 points in July from 46.10 points in June of 2026. Business Confidence in Thailand averaged 47.96 points from 1999 until 2026, reaching an all time high of 55.70 points in March of 2010 and a record low of 32.60 points in April of 2020. This page provides the latest reported value for - Thailand Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

Business Confidence in Thailand increased to 46.70 points in July from 46.10 points in June of 2026. Business Confidence in Thailand is expected to be 47.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Business Confidence is projected to trend around 51.00 points in 2027 and 52.00 points in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Business Confidence	46.70	46.10	points	Jul 2026
Coincident Index	106.50	105.50	points	Jun 2026
Leading Economic Index	166.19	163.56	points	Jun 2026
Private Investment MoM	0.50	1.20	percent	Jun 2026

Thailand Business Confidence

In Thailand, the Business Sentiment Index (BSI) measures the expectations of entrepreneurs regarding current business performance, orders, employment, production, costs and investment. The survey covers a sample of around 1500 entrepreneurs. The questionnaires are sent out during the last week of the previous month and are compiled by the third week of that given month. For each of the variables measured, the proportion of positive, negative and neutral answers is computed, and the final index is reported as a sum of the positive proportions with half of the neutral proportion. The BEI above 50 indicates that business sentiment has improved and below 50 that has worsened.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	46.70	46.10	55.70	32.60	1999 - 2026	points	Monthly

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News Stream

Thailand Business Morale at 4-Month High

Thailand’s Business Sentiment Index rose to 46.7 in July 2026 from 46.1 in June, the highest reading in four months.The improvement was driven mainly by stronger sentiment in the non-manufacturing sector, supported by lower fuel costs and increased flight services, while gains were partly offset by weaker confidence in manufacturing amid concerns over US import tariffs. Sentiment improved for business performance (50.0 vs 49.3) and investment (51.2 vs 50.7), while expectations for production (48.6 vs 51.9), employment (48.9 vs 50.2), and total order books (47.5 vs 48.1) turned less optimistic. Meanwhile, manufacturing confidence weakened, led by lower order books in the home electrical appliance industry. High production costs remained the top business constraint for the fifth straight month, while inflation expectations for the next 12 months eased slightly to 2.6%. Moreover, the three-month expected Business Sentiment Index rose to 50.7 from 48.0.

2026-08-03

Thailand Business Mood Improves in June

Thailand’s Business Sentiment Index rose to 46.1 in June 2026 from 42.5 in May, marking its least pessimistic reading in three months. The improvement was driven by the easing of the Middle East conflict, lower energy prices, and the government's "Thais Help Thais Plus" scheme, which temporarily boosted domestic purchasing power. Sentiment strengthened across production (51.9 vs 44.0 in May), business performance (49.3 vs 43.7), and total order books (48.1 vs 43.6). Manufacturing confidence improved across all industries, led by the automotive sector, while the chemical industry benefited from lower energy costs and alternative raw material sourcing. Non-manufacturing sentiment also strengthened, mainly in retail and wholesale trade. Meanwhile, the three-month expected Business Sentiment Index increased to 48.0 from 46.9. Cost pressures eased markedly as lower energy prices reduced production costs, while 12-month inflation expectations were unchanged at 2.7%.

2026-07-02

Thailand Business Morale at Near 5-Year Low

Thailand’s Business Sentiment Index fell to 42.5 in May 2026 from 43.5 in the previous month. This marked the lowest level since August 2021, weighed down by the prolonged Middle East conflict. Sentiment continued to deteriorate for production (44 vs 48.2 in April), performance (43.7 vs 47), overall order books (43.6 vs 44.2), and export conditions (45 vs 46.4). By sector, manufacturing sentiment softened across several industries, led by the automotive sector, where production and performance sub-indices fell sharply amid intensifying competition in vehicle sales. The food and beverage industry also faced mounting pressures, as packaging costs remained 30% to 50% higher than pre-conflict levels and elevated freight rates continued to delay orders from Middle Eastern markets. Meanwhile, sentiment in the non-manufacturing sector remained broadly unchanged from the previous month. The three-month expected Business Sentiment Index rose to 46.9 in May from 40.9 in April.

2026-06-04