Labour Costs in Thailand increased to 93.72 Index Points in the first quarter of 2019 from 91.21 Index Points in the fourth quarter of 2018. Labour Costs in Thailand averaged 98.69 Index Points from 2001 until 2019, reaching an all time high of 110.42 Index Points in the second quarter of 2012 and a record low of 88.61 Index Points in the first quarter of 2018.

Labour Costs in Thailand is expected to be 88.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Thailand to stand at 83.00 in 12 months time. In the long-term, the Thailand Unit Labour Cost is projected to trend around 81.00 Index Points in 2020, according to our econometric models.

Thailand Unit Labour Cost
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Thailand Labour Last Previous Highest Lowest Unit
Unemployment Rate 1.00 1.00 5.73 0.39 percent [+]
Employed Persons 37212.40 37619.00 39973.11 30376.71 Thousand [+]
Unemployed Persons 385.00 381.70 1923.25 157.58 Thousand [+]
Job Vacancies 30510.00 24311.00 115636.00 12620.00 [+]
Wages 14353.55 13995.56 14353.55 6344.00 THB/Month [+]
Wages in Manufacturing 13290.80 13080.00 13290.80 5516.00 THB/Month [+]
Minimum Wages 325.00 305.00 325.00 12.00 THB/Day [+]
Population 66.41 66.19 66.41 27.36 Million [+]
Youth Unemployment Rate 6.50 4.90 7.00 2.50 percent [+]
Labour Costs 93.72 91.21 110.42 88.61 Index Points [+]
Productivity 119.90 127.33 141.30 92.90 Index Points [+]


Thailand Unit Labour Cost

This page provides - Thailand Labour Costs- actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Unit Labour Cost - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
93.72 91.21 110.42 88.61 2001 - 2019 Index Points Quarterly
2013=100




Country Last Previous
Australia 105.10 Jun/19
Brazil 104.13 Aug/19
Canada 108.85 Jun/19
China 104.20 Sep/19
Euro Area 110.50 Jun/19
France 107.60 Jun/19
Germany 108.22 Jun/19
Italy 111.90 Jun/19
Mexico 93.30 Aug/19
Netherlands 118.70 Jun/19
Singapore 99.50 Jun/19
South Africa 157.00 Mar/19
South Korea 129.90 Mar/19
Spain 104.80 Jun/19
Turkey 200.63 Jun/19
United Kingdom 105.50 Mar/19
United States 111.98 Jun/19


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