Thailand’s industrial production unexpectedly grew 2.52% year-on-year in December 2025, outperforming forecasts of a 0.9% drop and recovering from a downwardly revised 3.85% fall in November. It marked the strongest growth in industrial production since April 2024, boosted by auto production, industrial export growth, and government measures. Output expansions were seen in basic iron and steel (15.54%), electronic components and boards (10.52%), automotive (5.02%), food (2.20%), computers and peripherals (0.75%), and petroleum refining (0.55%). Meanwhile, production contractions were recorded in apparel production excluding garment stores (-7.81%), and rubber & plastics (-0.95%). However, for the full year of 2025, the index fell 0.78% as the strong baht eroded Thailand’s export competitiveness. On a monthly basis, industrial output rose 2.33% in December, after a downwardly revised 1.66% drop in November. source: Office of Industrial Economics, Thailand

Industrial Production in Thailand increased 2.52 percent in December of 2025 over the same month in the previous year. Industrial Production in Thailand averaged 5.36 percent from 1988 until 2025, reaching an all time high of 59.55 percent in November of 2012 and a record low of -32.02 percent in November of 2011. This page provides the latest reported value for - Thailand Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Industrial Production in Thailand increased 2.52 percent in December of 2025 over the same month in the previous year. Industrial Production in Thailand is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Industrial Production is projected to trend around 2.80 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-29 04:00 AM
Industrial Production YoY
Nov -4.24% 0.04% 0.8% 1.0%
2026-01-29 05:00 AM
Industrial Production YoY
Dec 2.52% -3.85% -0.9% -0.8%
2026-02-27 04:00 AM
Industrial Production YoY
Jan 2.52%


Related Last Previous Unit Reference
Business Confidence 49.80 50.00 points Dec 2025
Capacity Utilization 55.49 57.81 percent Nov 2025
Car Production 113855.00 130222.00 Units Dec 2025
Car Registrations 26518.00 23336.00 Units Mar 2025
Cement Production 2945.60 3096.20 Thousands of Ton Sep 2024
Changes in Inventories -143426.00 -100932.00 THB Million Sep 2025
Coincident Index 106.06 103.95 points Dec 2025
Corruption Index 34.00 35.00 Points Dec 2024
Corruption Rank 107.00 108.00 Dec 2024
Industrial Production YoY 2.52 -3.85 percent Dec 2025
Industrial Production Mom 2.33 -1.66 percent Dec 2025
Leading Economic Index 166.09 166.10 points Dec 2025
Private Investment MoM 3.60 3.30 percent Dec 2025
Domestic Car Sales YoY 75121.00 51046.00 Units Dec 2025


Thailand Industrial Production
In Thailand, industrial production measures the output of businesses integrated in manufacturing sector of the economy.
Actual Previous Highest Lowest Dates Unit Frequency
2.52 -3.85 59.55 -32.02 1988 - 2025 percent Monthly
2011=100

News Stream
Thailand Industrial Output Growth Hits 20-Month High
Thailand’s industrial production unexpectedly grew 2.52% year-on-year in December 2025, outperforming forecasts of a 0.9% drop and recovering from a downwardly revised 3.85% fall in November. It marked the strongest growth in industrial production since April 2024, boosted by auto production, industrial export growth, and government measures. Output expansions were seen in basic iron and steel (15.54%), electronic components and boards (10.52%), automotive (5.02%), food (2.20%), computers and peripherals (0.75%), and petroleum refining (0.55%). Meanwhile, production contractions were recorded in apparel production excluding garment stores (-7.81%), and rubber & plastics (-0.95%). However, for the full year of 2025, the index fell 0.78% as the strong baht eroded Thailand’s export competitiveness. On a monthly basis, industrial output rose 2.33% in December, after a downwardly revised 1.66% drop in November.
2026-01-29
Thailand Industrial Output Unexpectedly Drops
Thailand’s industrial production dropped by 4.24% year-on-year in November 2025, missing market forecasts of a 0.8% increase and slipping further from a 0.08% fall in October. Main downward pressure came from a weaker petroleum output, while a sharply stronger baht weighed on export competitiveness by pushing up prices abroad. The currency has risen about 10% against the US dollar this year, adding pressure on manufacturers. Output was also disrupted by flooding in southern regions and softer tourism activity. These headwinds were partly offset by solid export demand, stronger auto production, and government support measures. Notably, vehicle output rose around 11% from a year earlier, keeping Thailand on track to meet its full-year production target. Despite the November setback, authorities left their outlook unchanged, expecting factory output to decline modestly in 2025 before returning to growth in 2026.
2025-12-29
Thailand Industrial Output Falls Less than Expected
Thailand’s industrial production edged down 0.08% yoy in October 2025, outperforming forecasts of a 0.6% fall and reversing an upwardly revised 1.19% rise in September. It marked the fifth drop in industrial output so far this year, as ongoing US trade policy continued to pressure Thailand’s industrial and processed agriculture sectors, weighing on industrial confidence. Output declines were seen in apparel production excluding garment stores (-6.09%), petroleum refining (-2.41%), and rubber and plastics (-5.06%). Meanwhile, production growth was recorded in automotive (9.11%), electronic components and boards (12.38%), basic iron and steel (7.74%), computers and peripherals (11.78%), and food (0.80%). For the full year, the Industry Ministry maintains its outlook for a 0.75% contraction in factory output but expects a rebound in 2026, forecasting growth in the range of 1% to 2%. Monthly, industrial output fell 0.23% in October, reversing an upwardly revised 3.54 % gain in September.
2025-11-28