Industrial production in Thailand declined by 4.4 percent year-on-year in August 2019, compared to market expectations of a 3.6 percent fall and following a 3.23 percent drop in a month earlier. This was the fourth straight month of decrease in industrial output as production of cars, petroleum and steel declined. Industrial Production in Thailand averaged 6.68 percent from 1988 until 2019, reaching an all time high of 59.60 percent in November of 2012 and a record low of -32.50 percent in November of 2011.

Industrial Production in Thailand is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Thailand to stand at 2.50 in 12 months time. In the long-term, the Thailand Industrial Production is projected to trend around 3.20 percent in 2020, according to our econometric models.

Thailand Industrial Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-25 03:00 AM Industrial Production YoY May -3.99% 2.03% -0.1% 1.4%
2019-07-30 03:00 AM Industrial Production YoY Jun -5.54% -3.99% -3.15% -2.8%
2019-08-27 02:30 AM Industrial Production YoY Jul -3.23% -5.54% -3.05% -3.5%
2019-09-24 04:00 AM Industrial Production YoY Aug -4.4% -3.3% -3.6% -1.9%
2019-10-31 04:00 AM Industrial Production YoY Sep -4.4% 1.2%
2019-11-29 03:30 AM Industrial Production YoY Oct
2019-12-31 03:30 AM Industrial Production YoY Nov


Thailand Business Last Previous Highest Lowest Unit
Business Confidence 47.90 48.60 55.70 34.40 Index Points [+]
Industrial Production -4.40 -3.30 59.60 -32.50 percent [+]
Industrial Production Mom -0.30 1.00 22.00 -24.70 percent [+]
Capacity Utilization 66.52 67.21 70.77 42.11 Index Points [+]
Changes in Inventories 13628.00 60184.00 170441.00 -159831.00 THB Million [+]
Car Registrations 35775.00 41045.00 66668.00 1690.00 [+]
Leading Economic Index 152.19 151.98 153.24 82.25 Index Points [+]
Internet Speed 15999.07 13349.19 15999.07 779.57 KBps [+]
IP Addresses 2822892.00 2718483.00 3513472.00 780307.00 IP [+]
Total Vehicle Sales 80838.00 81044.00 157527.00 5338.00 [+]
Manufacturing Pmi 50.60 50.00 51.10 48.20 [+]
Private Investment -2.20 0.00 18.20 -47.10 percent [+]
Cement Production 3390.31 3531.46 4210.58 522.00 Thousands of Ton [+]
Car Production 170847.00 172878.00 256581.00 23695.00 [+]
Coincident Index 128.12 128.16 129.50 92.66 Index Points [+]
Competitiveness Index 68.11 67.53 68.11 4.51 Points [+]
Competitiveness Rank 40.00 38.00 40.00 28.00 [+]
Ease of Doing Business 27.00 26.00 46.00 12.00 [+]
Corruption Index 36.00 37.00 38.00 27.90 Points [+]
Corruption Rank 99.00 96.00 102.00 34.00 [+]


Thailand Industrial Production

In Thailand, industrial production measures the output of businesses integrated in manufacturing sector of the economy. 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-4.40 -3.30 59.60 -32.50 1988 - 2019 percent Monthly
2011=100




Country Last Previous
Argentina -6.40 Aug/19
Australia 1.90 Jun/19
Brazil -2.30 Aug/19
Canada -1.12 Jul/19
China 4.40 Aug/19
Euro Area -2.80 Aug/19
France -1.40 Aug/19
Germany -4.00 Aug/19
India -1.10 Aug/19
Indonesia 8.10 Jul/19
Italy -1.80 Aug/19
Japan -4.70 Aug/19
Mexico -1.30 Aug/19
Netherlands -0.60 Aug/19
Russia 2.90 Aug/19
Saudi Arabia 1.40 Dec/18
Singapore -8.00 Aug/19
South Africa -1.80 Aug/19
South Korea -2.90 Aug/19
Spain 1.70 Aug/19
Switzerland 4.80 Jun/19
Turkey -3.60 Aug/19
United Kingdom -1.80 Aug/19
United States 0.40 Aug/19


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