Industrial production in Thailand increased by 2.03 percent year-on-year in April 2019, easily beating market consensus of a 1 percent fall and reversing from an upwardly revised 2.66 percent drop in the previous month. It was the biggest gain industrial output since October last year, mainly boosted by production of cars and air conditioners. For 2019, the government expects manufacturing output to increase between 2 to 3 percent, after growing 2.8 percent in 2018. Meantime, capacity utilisation was at 63.89 percent in April, down from a downwardly revised 74.25 percent in March, mostly due to holidays. Industrial Production in Thailand averaged 6.79 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 3.50 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 2.80 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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Calendar GMT Actual Previous Consensus TEForecast
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 03:30 AM Industrial Production YoY -2.54% -1.6% -2.7% 1.1%
2019-05-28 02:30 AM Industrial Production YoY 2.03% -2.66% -1% -1.6%
2019-06-25 04:00 AM Industrial Production YoY 2.03%
2019-07-31 04:00 AM Industrial Production YoY 3.5%
2019-08-30 04:00 AM Industrial Production YoY


Thailand Business Last Previous Highest Lowest Unit
Business Confidence 50.10 49.20 55.70 34.40 Index Points [+]
Industrial Production 2.03 -2.66 59.60 -32.50 percent [+]
Industrial Production Mom 2.50 0.20 22.00 -24.60 percent [+]
Capacity Utilization 70.20 67.99 70.77 42.11 Index Points [+]
Changes in Inventories 46770.00 170441.00 170441.00 -159831.00 THB Million [+]
Car Registrations 43042.00 38394.00 66668.00 1690.00 [+]
Leading Economic Index 151.31 151.20 157.63 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 88097.00 86076.00 157527.00 5338.00 [+]
Manufacturing Pmi 50.70 51.00 51.10 48.20 [+]
Private Investment 0.90 0.30 18.20 -47.10 percent [+]
Cement Production 3203.54 3773.89 4210.58 522.00 Thousands of Ton [+]
Car Production 198821.00 183071.00 256581.00 23695.00 [+]
Coincident Index 127.83 127.78 128.64 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.03 -2.66 59.60 -32.50 1988 - 2019 percent Monthly
2011=100




Country Last Previous
Argentina -8.80 Apr/19
Australia 1.20 Mar/19
Brazil -3.90 Apr/19
Canada 0.32 Mar/19
China 5.00 May/19
Euro Area -0.40 Apr/19
France 1.10 Apr/19
Germany -1.80 Apr/19
India 3.40 Apr/19
Indonesia 7.90 Mar/19
Italy -1.50 Apr/19
Japan -1.10 Apr/19
Mexico -2.86 Apr/19
Netherlands -2.30 Apr/19
Russia 4.60 Apr/19
Saudi Arabia 2.34 Sep/18
Singapore 0.10 Apr/19
South Africa 4.60 Apr/19
South Korea -0.10 Apr/19
Spain 1.70 Apr/19
Switzerland 4.30 Mar/19
Turkey -2.20 Mar/19
United Kingdom -1.00 Apr/19
United States 2.00 May/19


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