Industrial production in Thailand declined by 1.6 percent year-on-year in February 2019, following a 1.18 percent rise in the previous month, and missing market expectations of a 0.52 percent gain. It was the first fall in industrial output since September last year, amid lower production of steel, computers and rubber products. For 2019, the government expects manufacturing production to increase between 2 to 3 percent, after growing 2.8 percent in 2018. Meantime, capacity utilization was at 69 percent in February, down from 70.49 percent in January. Industrial Production in Thailand averaged 6.83 percent from 1988 until 2019, reaching an all time high of 59.60 percent in November of 2012 and a record low of -32.50 percent in November of 2011.

Industrial Production in Thailand is expected to be 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Thailand to stand at 3.40 in 12 months time. In the long-term, the Thailand Industrial Production is projected to trend around 3.10 percent in 2020, according to our econometric models.

Thailand Industrial Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-25 04:15 AM Industrial Production YoY 0.98% 4.08% 1.5%
2019-01-29 03:00 AM Industrial Production YoY 0.75% 0.91% 0.8% 2.9%
2019-02-26 04:00 AM Industrial Production YoY 0.18% 0.75% 1.1% 0.8%
2019-03-26 04:00 AM Industrial Production YoY -1.6% 0.18% 0.52% 0.3%
2019-04-30 04:00 AM Industrial Production YoY -1.6% 0.52% 1.1%
2019-05-31 04:00 AM Industrial Production YoY
2019-06-28 04:00 AM Industrial Production YoY


Thailand Business Last Previous Highest Lowest Unit
Business Confidence 51.40 49.90 55.70 34.40 Index Points [+]
Industrial Production -1.60 0.18 59.60 -32.50 percent [+]
Industrial Production Mom -3.10 1.60 27.70 -26.90 percent [+]
Capacity Utilization 67.82 70.77 70.77 42.11 Index Points [+]
Changes in Inventories 172809.00 98741.00 172809.00 -159831.00 THB Million [+]
Car Registrations 47916.00 43879.00 66668.00 1690.00 [+]
Leading Economic Index 151.06 151.47 157.63 83.61 Index 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 103164.00 82324.00 157527.00 5338.00 [+]
Manufacturing Pmi 50.30 49.90 51.10 48.20 [+]
Private Investment -0.30 5.70 18.20 -47.10 percent [+]
Cement Production 3383.43 3190.56 4210.58 522.00 Thousands of Ton [+]
Car Production 183071.00 179595.00 256581.00 23695.00 [+]
Coincident Index 127.36 128.07 128.63 92.66 Index Points [+]
Competitiveness Index 67.53 66.25 67.53 4.51 Points [+]
Competitiveness Rank 38.00 40.00 40.00 28.00 [+]
Ease of Doing Business 27.00 26.00 46.00 12.00 [+]
Corruption Index 36.00 37.00 38.00 27.90 Points [+]
Corruption Rank 99.00 96.00 102.00 34.00 [+]


Thailand Industrial Production

In Thailand, industrial production measures the output of businesses integrated in manufacturing sector of the economy. 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 - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.60 0.18 59.60 -32.50 1988 - 2019 percent Monthly
2011=100




Country Last Previous
Argentina -8.50 Feb/19
Australia 2.80 Sep/18
Brazil 2.00 Feb/19
Canada 1.19 Jan/19
China 8.50 Mar/19
Euro Area -0.30 Feb/19
France 0.60 Feb/19
Germany -0.40 Feb/19
India 0.10 Feb/19
Indonesia -4.00 Feb/19
Italy 0.90 Feb/19
Japan -1.10 Feb/19
Mexico -0.80 Feb/19
Netherlands -0.30 Feb/19
Russia 1.20 Mar/19
Saudi Arabia 2.34 Sep/18
Singapore 0.70 Feb/19
South Africa 0.60 Feb/19
South Korea -2.70 Feb/19
Spain -0.30 Feb/19
Switzerland 5.10 Dec/18
Turkey -5.10 Feb/19
United Kingdom 0.10 Feb/19
United States 2.80 Mar/19


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