Labour Costs in Thailand decreased to 91.98 Index Points in the fourth quarter of 2018 from 97.23 Index Points in the third quarter of 2018. Labour Costs in Thailand averaged 98.80 Index Points from 2001 until 2018, reaching an all time high of 110.42 Index Points in the second quarter of 2012 and a record low of 89.10 Index Points in the first quarter of 2018.

Labour Costs in Thailand is expected to be 92.00 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 1.10 0.90 5.73 0.39 percent [+]
Employed Persons 37615.20 38377.80 39973.11 30376.71 Thousand [+]
Unemployed Persons 436.10 363.10 1923.25 157.58 Thousand [+]
Job Vacancies 30047.00 34817.00 115636.00 12620.00 [+]
Wages 14353.55 13995.56 14353.55 6344.00 THB/Month [+]
Wages in Manufacturing 13080.00 12851.70 13080.00 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 6.60 5.20 7.00 2.50 percent [+]
Labour Costs 91.98 97.23 110.42 89.10 Index Points [+]
Productivity 127.33 121.98 141.30 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
91.98 97.23 110.42 89.10 2001 - 2018 Index Points Quarterly
2013=100




Country Last Previous
Australia 103.80 Mar/19
Brazil 101.89 Jun/19
Canada 108.49 Mar/19
China 104.30 Jun/19
Euro Area 99.60 Mar/19
France 107.50 Mar/19
Germany 116.69 Mar/19
Italy 111.20 Mar/19
Mexico 97.70 May/19
Netherlands 105.20 Mar/19
Singapore 99.50 Jun/19
South Africa 156.20 Dec/18
South Korea 129.90 Mar/19
Spain 100.40 Mar/19
Turkey 188.85 Mar/19
United Kingdom 105.50 Mar/19
United States 111.89 Jun/19


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