Business Confidence in Thailand decreased to 45.10 points in December from 47.40 points in November of 2019. Business Confidence in Thailand averaged 48.20 points from 1999 until 2019, reaching an all time high of 55.70 points in March of 2010 and a record low of 34.40 points in November of 2008. source: Bank of Thailand

Business Confidence in Thailand is expected to be 50.00 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 52.00 in 12 months time. In the long-term, the Thailand Business Confidence is projected to trend around 52.00 points in 2020, according to our econometric models.

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Thailand Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
45.10 47.40 55.70 34.40 1999 - 2019 points Monthly



Calendar GMT Actual Previous Consensus TEForecast
2019-10-02 02:00 AM Sep 47.9 48.6 49.2
2019-11-04 01:30 AM Oct 48.1 47.9 48.5
2019-12-03 01:30 AM Nov 47.4 48.1 48.5
2020-01-03 04:00 AM Dec 45.1 47.4 48.5
2020-02-03 01:00 AM Jan 45.1 47.5


Thailand Business Confidence
In Thailand, the Business Sentiment Index (BSI) measures the expectations of entrepreneurs regarding current business performance, orders, employment, production, costs and investment. The survey covers a sample of around 1500 entrepreneurs. The questionnaires are sent out during the last week of the previous month and are compiled by the third week of that given month. For each of the variables measured, the proportion of positive, negative and neutral answers is computed, and the final index is reported as a sum of the positive proportions with half of the neutral proportion. The BEI above 50 indicates that business sentiment has improved and below 50 that has worsened.

Thailand Business Last Previous Highest Lowest Unit
Business Confidence 45.10 47.40 55.70 34.40 points [+]
Industrial Production -8.27 -8.13 59.60 -32.00 percent [+]
Industrial Production Mom -1.60 0.00 21.90 -24.70 percent [+]
Capacity Utilization 63.17 63.88 70.77 42.11 points [+]
Changes in Inventories -13524.00 13628.00 170441.00 -159831.00 THB Million [+]
Car Registrations 19154.00 30839.00 66668.00 1690.00 [+]
Leading Economic Index 152.04 154.13 154.13 82.25 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 79299.00 77121.00 157527.00 5338.00 [+]
Manufacturing Pmi 50.10 49.30 51.10 48.20 points [+]
Private Investment -1.60 1.70 20.20 -17.60 percent [+]
Cement Production 3264.16 3346.06 4210.58 522.00 Thousands of Ton [+]
Car Production 169474.00 166361.00 256581.00 23695.00 [+]
Coincident Index 126.87 127.14 129.45 92.66 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 21.00 27.00 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 [+]