The unemployment Rate in Thailand dropped to 1.53 percent in the first quarter of 2022 from 1.64 percent in the previous quarter. This was the lowest figure in two years, amid an easing of COVID-19 restrictions and reopening of tourism to foreign tourists. The state planning agency said in a statement that there were 610,000 workers without jobs during the first three month of the year. source: Bank of Thailand

Unemployment Rate in Thailand averaged 2.23 percent from 1977 until 2021, reaching an all time high of 7.75 percent in the first quarter of 1986 and a record low of 0.47 percent in the fourth quarter of 2012. This page provides the latest reported value for - Thailand Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Unemployment Rate in Thailand is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Unemployment Rate is projected to trend around 2.20 percent in 2023, according to our econometric models.

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Thailand Unemployment Rate

Calendar GMT Actual Previous Consensus TEForecast
2020-04-24 01:00 AM Mar 1.0% 1.1% 1.3%
2021-01-29 08:00 AM Dec 1.5% 2% 2.1%

Related Last Previous Unit Reference
Unemployment Rate 1.53 1.64 percent Mar 2022
Unemployed Persons 610.00 631.89 Thousand Mar 2022
Employed Persons 37898.72 37705.74 Thousand Dec 2021
Job Vacancies 33013.00 56537.00 Apr 2022
Minimum Wages 331.00 336.00 THB/Day Dec 2021
Wages in Manufacturing 13784.60 13469.50 THB/Month Dec 2021
Population 66.65 66.56 Million Dec 2020
Labour Costs 91.06 97.40 points Dec 2021
Productivity 122.17 110.25 points Dec 2021

Thailand Unemployment Rate
In Thailand, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
1.53 1.64 7.75 0.47 1977 - 2022 percent Quarterly