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.

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Thailand Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
45.70 42.90 55.70 32.60 1999 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-01 05:00 AM May 34.4 32.6 35
2020-07-01 08:30 AM Jun 38.5 34.4 36
2020-08-03 07:30 AM Jul 42.9 38.5 40
2020-09-01 07:40 AM Aug 45.7 42.9 41
2020-10-01 01:00 AM Sep 45.7 42
2020-11-02 01:00 AM Oct
2020-12-01 01:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.

Thailand Business Last Previous Highest Lowest Unit
Business Confidence 45.70 42.90 55.70 32.60 points [+]
Industrial Production -14.69 -17.79 59.60 -32.00 percent [+]
Industrial Production Mom -6.00 -10.60 21.90 -24.80 percent [+]
Capacity Utilization 57.27 55.95 78.07 49.17 points [+]
Changes in Inventories -40910.00 82670.00 170441.00 -159831.00 THB Million [+]
Car Registrations 29428.00 24608.00 66668.00 1690.00 [+]
Leading Economic Index 168.83 168.11 168.83 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 68883.00 59335.00 157527.00 5338.00 [+]
Manufacturing Pmi 49.70 45.90 51.10 36.80 points [+]
Private Investment -0.40 7.20 10.80 -10.50 percent [+]
Cement Production 3418.79 3330.02 4210.58 522.00 Thousands of Ton [+]
Car Production 156266.00 134208.00 256581.00 23695.00 [+]
Coincident Index 123.77 122.90 129.49 92.66 points [+]
Competitiveness Index 68.11 67.53 68.11 4.51 Points [+]
Competitiveness Rank 40.00 38.00 40.00 28.00 [+]
Corruption Index 36.00 36.00 38.00 27.90 Points [+]
Corruption Rank 101.00 99.00 102.00 34.00 [+]
Ease of Doing Business 21.00 27.00 46.00 12.00 [+]


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.