Industrial production in Thailand grew by 17.58 percent year-on-year in June 2021, moderating from a marginally revised 25.73 percent jump a month earlier and missing market estimates of 18.8 percent. Still, this marked the fourth straight month of increase in industrial output, amid a low base effect in 2020 due to the ongoing COVID-19 pandemic. The manufacturing production gain was boosted by the higher production of automobiles, electronics, and steel. source: Office of Industrial Economics, Thailand

Industrial Production in Thailand averaged 6.17 percent from 1988 until 2021, reaching an all time high of 59.60 percent in November of 2012 and a record low of -32 percent in November of 2011. This page provides the latest reported value for - Thailand Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Industrial Production in Thailand is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Industrial Production is projected to trend around 3.50 percent in 2022, according to our econometric models.

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Thailand Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
17.58 25.84 59.60 -32.00 1988 - 2021 percent Monthly
2011=100


Calendar GMT Actual Previous Consensus TEForecast
2021-04-28 04:00 AM Mar 4.12% -1.35% 4.4% 4.8%
2021-05-31 04:00 AM Apr 18.46% 5.89% 14.6% 15%
2021-06-28 04:00 AM May 25.84% 17.97% 19.55% 25%
2021-07-30 04:00 AM Jun 17.58% 25.73% 18.8% 19%
2021-08-26 04:00 AM Jul 17.58%
2021-09-28 04:00 AM Aug
2021-10-28 04:00 AM Sep
2021-11-26 04:00 AM Oct


News Stream
Thailand Industrial Output Rises Less than Estimated
Industrial production in Thailand grew by 17.58 percent year-on-year in June 2021, moderating from a marginally revised 25.73 percent jump a month earlier and missing market estimates of 18.8 percent. Still, this marked the fourth straight month of increase in industrial output, amid a low base effect in 2020 due to the ongoing COVID-19 pandemic. The manufacturing production gain was boosted by the higher production of automobiles, electronics, and steel.
2021-07-30
Thailand Industrial Output Growth at 8-1/2-Year High
Industrial production in Thailand surged by 25.84 percent year-on-year in May of 2021, above market estimates of a 19.55 percent growth and after a downwardly revised 17.97 percent gain in April. This was the third straight month of increase in industrial output and the strongest pace since November 2012, amid a low base effect in 2020 due to the ongoing COVID-19 pandemic. The manufacturing production gain was boosted by higher production of automobiles, air conditioners, and electronics.
2021-06-28
Thailand Industrial Output Rises the Most in Over 8 Years
Industrial production in Thailand surged by 18.46 percent year-on-year in April of 2021, compared with market estimates of a 14.6 percent growth and after an upwardly revised 5.89 percent gain in March. This was the second straight month of increase in industrial output and the strongest pace since January 2013, amid a low base effect in 2020. The manufacturing production gain was boosted by higher production of automobile, beer and air conditioners. Capacity utilization was 59.58 percent in April, down from 70.65 percent in the prior month, with extended holidays taking place in April.
2021-05-31
Thailand Industrial Output Rebounds
Industrial production in Thailand rose by 4.12 percent year-on-year in March of 2021, compared with market estimates of a 4.4 percent gain and after a revised 1.35 percent fall in February. This was the first increase in industrial output in 23 months, amid a low base effect and a slowdown in the third wave of COVID-19 infections. The government forecast the manufacturing production index would increase between 4 to 5 percent this year after contracting 8.8 percent in 2020.
2021-04-28

Thailand Industrial Production
In Thailand, industrial production measures the output of businesses integrated in manufacturing sector of the economy.