Youth Unemployment Rate in Thailand decreased to 5.20 percent in June 2019 from 6.10 percent in May. Youth Unemployment Rate in Thailand averaged 4.81 percent from 2014 until 2018, reaching an all time high of 7 percent in May of 2017 and a record low of 2.50 percent in December of 2015.
Youth Unemployment Rate in Thailand is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Thailand to stand at 4.60 in 12 months time. In the long-term, the Thailand Youth Unemployment Rate is projected to trend around 4.80 percent in 2020, according to our econometric models.