Industrial production in Thailand expanded 3.36 percent year-on-year in September 2022, the least since a contraction in June, missing market consensus of 6.4 percent and slowing sharply from an upwardly revised 14.92 percent jump a month earlier which was the strongest growth since June 2021. For this year, the government expects industrial output to rise between 1.5 to 2.5 percent, a sharp slowdown from a 5.9 percent rise in 2021. source: Office of Industrial Economics, Thailand

Industrial Production in Thailand averaged 6.05 percent from 1988 until 2022, reaching an all time high of 59.60 percent in November of 2012 and a record low of -32.00 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 November of 2022.

Industrial Production in Thailand is expected to be 10.00 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 5.50 percent in 2023 and 6.00 percent in 2024, according to our econometric models.

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Thailand Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-09-28 05:00 AM Aug 14.52% 6.37% 10.1% 8.7%
2022-10-31 04:00 AM Sep 3.36% 14.92% 6.4% 7.9%
2022-11-30 04:00 AM Oct 3.36% 1.2% 2.4%


Related Last Previous Unit Reference
Industrial Production 3.36 14.52 percent Sep 2022
Industrial Production Mom 2.40 0.70 percent Aug 2022
Capacity Utilization 63.76 65.38 points Sep 2022

Thailand Industrial Production
In Thailand, industrial production measures the output of businesses integrated in manufacturing sector of the economy.
Actual Previous Highest Lowest Dates Unit Frequency
3.36 14.52 59.60 -32.00 1988 - 2022 percent Monthly
2011=100

News Stream
Thailand Industrial Output Growth Below Estimates
Industrial production in Thailand expanded 3.36 percent year-on-year in September 2022, the least since a contraction in June, missing market consensus of 6.4 percent and slowing sharply from an upwardly revised 14.92 percent jump a month earlier which was the strongest growth since June 2021. For this year, the government expects industrial output to rise between 1.5 to 2.5 percent, a sharp slowdown from a 5.9 percent rise in 2021.
2022-10-31
Thailand Industrial Output Growth Beats Forecasts
Industrial production in Thailand expanded 14.52 percent year-on-year in August 2022, accelerating from a 6.37 percent gain and topping market estimates of 10.1 percent. This was the second straight month of increase in industrial output and the steepest pace since June 2021. For this year, the government expects industrial output to rise between 1.5 to 2.5 percent, a sharp slowdown from a 5.9 percent rise in 2021.
2022-09-28
Thailand Industrial Output Rebounds
Industrial production in Thailand expanded 6.37 percent year-on-year in July 2022, compared with market expectations of 8.4 percent. This was the first growth in industrial output since March and the steepest pace since last December, amid a low base last year and as the COVID-19 situation in the country was under control. For this year, the government expects industrial output to rise between 1.5 to 2.5 percent, a sharp slowdown from a 5.9 percent expansion in 2021.
2022-08-31