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 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. source: Bank of Thailand

Business Confidence in Thailand decreased to 42.50 points in May from 43.50 points in April of 2026. Business Confidence in Thailand averaged 47.97 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 June of 2026.

Business Confidence in Thailand decreased to 42.50 points in May from 43.50 points in April of 2026. Business Confidence in Thailand is expected to be 49.00 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 56.00 points in 2027 and 52.00 points in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Business Confidence	42.50	43.50	points	May 2026
Coincident Index	106.50	107.00	points	Apr 2026
Leading Economic Index	161.69	162.58	points	Apr 2026
Private Investment MoM	-5.00	-3.50	percent	Apr 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
	42.50	43.50	55.70	32.60	1999 - 2026	points	Monthly

Compare: Business Confidence by Country

News Stream

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

Thailand Business Morale at Over 4-Year Low

Thailand Business Sentiment Index fell to 43.5 in April 2026 from 47.7 in the previous month, as Middle East war disruptions weighed on activity. This marked the lowest level since September 2021, led by weakness in production costs (21.6 vs 34.2 in March) and performance (47.0 vs 51.0). Sentiment weakened across overall order books (44.2 vs 47.9), production (48.2 vs 51.3), and investment (49.6 vs 51.8), while export conditions were less negative (46.4 vs 45.5). The manufacturing index weakened, led by the petrochemical and plastics industries, which were particularly hit due to tighter supply of upstream feedstocks. The hotel and restaurant sector also deteriorated, with sentiment falling to its lowest level since the COVID-19 pandemic, driven by reduced long-haul tourist arrivals amid fewer flights, higher airfares, and heightened safety concerns. The 3-month expected BSI dropped to 40.9, reflecting concerns over a potentially prolonged situation.

2026-05-06

Thailand Business Confidence Declines Amid Middle East Conflict

Thailand’s Business Sentiment Index fell to 47.7 in March 2026, the lowest level in seven months, down from 49.6 in February, as sentiment was weighed down by the impact of the Middle East conflict. Total order books contracted (47.9 vs 52.2) and export conditions weakened (45.5 vs 48.2) while output prices went up (50.6 vs 49.7). The hotel and restaurant sector was particularly hit, with sentiment falling to an eight-month low, owing to cancellations of flight tickets and hotel bookings by Middle Eastern tourists, along with the suspension of direct flights from Middle Eastern airlines to Thailand. Also, the manufacturing index weakened, led by plastics pellets and packaging industries, as the closure of the Strait of Hormuz pushed energy prices higher, affecting transportation costs and imported feed stocks for plastic manufacturing, such as crude oil and naphtha. Also, the 3-month expected BSI dropped to 44.2, reflecting concerns over a potentially prolonged situation.

2026-04-03