Labour Costs in Thailand decreased to 91.98 Index Points in the fourth quarter of 2018 from 97.23 Index Points in the third quarter of 2018. Labour Costs in Thailand averaged 98.80 Index Points from 2001 until 2018, reaching an all time high of 110.42 Index Points in the second quarter of 2012 and a record low of 89.10 Index Points in the first quarter of 2018.

Labour Costs in Thailand is expected to be 92.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Thailand to stand at 83.00 in 12 months time. In the long-term, the Thailand Unit Labour Cost is projected to trend around 81.00 Index Points in 2020, according to our econometric models.

Thailand Unit Labour Cost
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Thailand Labour Last Previous Highest Lowest Unit
Unemployment Rate 0.90 0.80 5.73 0.39 percent [+]
Employed Persons 37771.10 37784.40 39973.11 30376.71 Thousand [+]
Unemployed Persons 346.50 300.00 1923.25 157.58 Thousand [+]
Job Vacancies 43568.00 35525.00 115636.00 12620.00 [+]
Wages 13995.56 14048.44 14075.55 6344.00 THB/Month [+]
Wages in Manufacturing 13080.00 12851.70 13080.00 5516.00 THB/Month [+]
Minimum Wages 325.00 305.00 325.00 12.00 THB/Day [+]
Population 66.41 66.19 66.41 27.36 Million [+]
Youth Unemployment Rate 5.10 5.20 7.00 2.50 percent [+]
Labour Costs 91.98 97.23 110.42 89.10 Index Points [+]
Productivity 121.98 112.41 141.30 92.90 Index Points [+]


Thailand Unit Labour Cost

This page provides - Thailand Labour Costs- actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Unit Labour Cost - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
91.98 97.23 110.42 89.10 2001 - 2018 Index Points Quarterly
2013=100




Country Last Previous
Australia 103.60 Dec/18
Brazil 113.52 Mar/19
Canada 107.34 Dec/18
China 104.30 Mar/19
Euro Area 116.60 Dec/18
France 108.50 Dec/18
Germany 115.62 Dec/18
Italy 108.70 Dec/18
Mexico 85.70 Feb/19
Netherlands 108.30 Dec/18
Singapore 117.00 Dec/18
South Africa 154.00 Sep/18
South Korea 103.10 Dec/18
Spain 106.00 Dec/18
Turkey 162.85 Dec/18
United Kingdom 105.60 Dec/18
United States 109.69 Mar/19


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