Industrial production in Thailand declined by 5.54 percent year-on-year in June 2019, worse than market expectations of a 3.15 percent drop and after a 3.99 percent drop a month earlier. This was the biggest yearly fall in industrial output since March 2014, dragged down by lower production of cars, rubber products and petroleum. For 2019, the government expects manufacturing output to increase by 2 percent, after growing 2.8 percent in 2018. Meantime, capacity utilization was at 65.28 percent in June, down from an upwardly revised 67.83 percent in May. Industrial Production in Thailand averaged 6.73 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 3.20 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 2.50 in 12 months time. In the long-term, the Thailand Industrial Production is projected to trend around 3.20 percent in 2020, according to our econometric models.

Thailand Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-30 03:30 AM Industrial Production YoY Mar -2.54% -1.6% -2.7% 1.1%
2019-05-28 02:30 AM Industrial Production YoY Apr 2.03% -2.66% -1% -1.6%
2019-06-25 03:00 AM Industrial Production YoY May -3.99% 2.03% -0.1% 1.4%
2019-07-30 03:00 AM Industrial Production YoY Jun -5.54% -3.99% -3.15% -2.8%
2019-08-27 04:00 AM Industrial Production YoY Jul -5.54%
2019-09-30 04:00 AM Industrial Production YoY Aug
2019-10-31 04:00 AM Industrial Production YoY Sep 3.2%


Thailand Business Last Previous Highest Lowest Unit
Business Confidence 49.10 49.40 55.70 34.40 Index Points [+]
Industrial Production -5.54 -3.99 59.60 -32.50 percent [+]
Industrial Production Mom 2.50 0.20 22.00 -24.60 percent [+]
Capacity Utilization 65.75 67.49 70.77 42.11 Index Points [+]
Changes in Inventories 46770.00 170441.00 170441.00 -159831.00 THB Million [+]
Car Registrations 38863.00 40628.00 66668.00 1690.00 [+]
Leading Economic Index 152.22 151.56 157.63 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 86048.00 88097.00 157527.00 5338.00 [+]
Manufacturing Pmi 50.30 50.60 51.10 48.20 [+]
Private Investment -0.90 0.10 18.20 -47.10 percent [+]
Cement Production 3421.11 3589.30 4210.58 522.00 Thousands of Ton [+]
Car Production 198821.00 183071.00 256581.00 23695.00 [+]
Coincident Index 127.86 128.05 128.51 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-5.54 -3.99 59.60 -32.50 1988 - 2019 percent Monthly
2011=100




Country Last Previous
Argentina -6.90 Jun/19
Australia 1.20 Mar/19
Brazil -5.90 Jun/19
Canada 2.14 Apr/19
China 4.80 Jul/19
Euro Area -2.60 Jun/19
France 0.00 Jun/19
Germany -5.20 Jun/19
India 2.00 Jun/19
Indonesia 2.60 May/19
Italy -1.20 Jun/19
Japan -3.80 Jun/19
Mexico -2.91 Jun/19
Netherlands -1.90 Jun/19
Russia 2.80 Jul/19
Saudi Arabia 1.40 Dec/18
Singapore -6.90 Jun/19
South Africa -3.20 Jun/19
South Korea -2.90 Jun/19
Spain 1.80 Jun/19
Switzerland 4.30 Mar/19
Turkey -3.90 Jun/19
United Kingdom -0.60 Jun/19
United States 0.50 Jul/19


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