The Business Sentiment Index in Thailand rose for the fourth consecutive month to 45.7 in August of 2020 from 42.9 in the previous month. It was also the highest reading since January but still below the 50-threshold.
Business Confidence in Thailand averaged 48 points from 1999 until 2020, 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 September of 2020. source: Bank of Thailand
Business Confidence in Thailand is expected to be 42.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Thailand to stand at 50.00 in 12 months time. In the long-term, the Thailand Business Confidence is projected to trend around 51.00 points in 2021 and 55.00 points in 2022, according to our econometric models.