Business Confidence in Thailand increased to 42.60 points in September from 40 points in August of 2021. source: Bank of Thailand

Business Confidence in Thailand averaged 47.85 points from 1999 until 2021, 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 October of 2021.

Business Confidence in Thailand is expected to be 45.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Business Confidence is projected to trend around 55.00 points in 2022, according to our econometric models.

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Thailand Business Confidence

Calendar GMT Actual Previous Consensus TEForecast
2021-09-01 05:00 AM Aug 40.0 41.4 42
2021-10-01 05:30 AM Sep 42.6 40.0 45
2021-11-03 02:00 AM Oct 42.6

Thailand Last Unit Reference Previous Highest Lowest
Business Confidence 42.60 points Sep/21 40.00 55.70 32.60
Leading Economic Index 156.40 points Aug/21 157.00 160.64 82.25
Coincident Index 125.70 points Aug/21 126.43 129.51 92.66
Cement Production 3598.80 Thousands of Ton Aug/21 3646.80 4210.58 522.00
Private Investment -1.60 percent Aug/21 -3.80 25.00 -49.70

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.