Markets Actual Q1/23 Q2/23 Q3/23 Q4/23
Currency 33.39 33.24 33.7 34.16 34.62
Stock Market (points) 1004.22 985 967 950 932
Government Bond 10Y (%) 2.47 2.62 2.79 2.96 3.15

Overview Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Growth Rate (%) 1.20 1 0.9 0.3 1
GDP Annual Growth Rate (%) 4.50 2.8 2.6 3.4 3.8
Unemployment Rate (%) 1.23 1.6 1.8 1.8 1.7
Inflation Rate (%) 5.89 5.5 4.5 3 2.8
Inflation Rate MoM (%) -0.06 0.3 0.2 0.4 0.5
Interest Rate (%) 1.50 1.5 2 2.25 2
Balance of Trade (USD Million) -1030.00 -3600 -1400 -2200 -2000
Current Account (USD Million) 1102.01 1100 -830 1300 -1700
Current Account to GDP (% of GDP) -2.20 2.5
Business Confidence (points) 49.80 51 51 52 50
Consumer Confidence (points) 49.70 46 45 50
Corporate Tax Rate (%) 20.00 20
Personal Income Tax Rate (%) 35.00 35
Government Debt to GDP (% of GDP) 59.61 61
Government Budget (% of GDP) -4.90 -2

GDP Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Growth Rate (%) 1.20 1 0.9 0.3 1
GDP Annual Growth Rate (%) 4.50 2.8 2.6 3.4 3.8
GDP (USD Billion) 505.95 525
GDP Constant Prices (THB Million) 2628579.00 2854506 2723241 2717951 2728465
Gross National Product (THB Billion) 2628579.00 2913851 2723204 2717951 2728465
Gross Fixed Capital Formation (THB Million) 664320.00 675924 662570 686907 689564
Full Year GDP Growth (%) 1.60 3.7
GDP from Agriculture (THB Million) 123770.00 182505 167779 127978 128473
GDP from Construction (THB Million) 77316.00 76829 83939 79945 80254
GDP from Manufacturing (THB Million) 691853.00 776972 720865 715376 718143
GDP from Mining (THB Million) 38264.00 44868 39739 39565 39718
GDP from Public Administration (THB Million) 140681.00 134389 137291 145464 146027
GDP from Transport (THB Million) 145553.00 159668 130908 150502 151084
GDP from Utilities (THB Million) 71348.00 77644 80875 73774 74059

Labour Actual Q1/23 Q2/23 Q3/23 Q4/23
Unemployment Rate (%) 1.23 1.6 1.8 1.8 1.7
Minimum Wages (THB/Day) 354.00 372
Population (Million) 66.17 66.15

Prices Actual Q1/23 Q2/23 Q3/23 Q4/23
Inflation Rate (%) 5.89 5.5 4.5 3 2.8
Inflation Rate MoM (%) -0.06 0.3 0.2 0.4 0.5
Consumer Price Index CPI (points) 107.86 111 112 111 111
Core Consumer Prices (points) 103.98 105 106 106 106
Core Inflation Rate (%) 3.23 2.9 2.7 2.4 2.3
GDP Deflator (points) 170.43 163 171 176 175
Producer Prices (points) 110.90 119 122 119 114
Food Inflation (%) 8.87 8.3 7.2 6.4 5.5
CPI Housing Utilities (points) 103.30 106 106 106 106
CPI Transportation (points) 110.86 111 111 112 112
Producer Prices Change (%) 4.92 6 5 4.8 3

Money Actual Q1/23 Q2/23 Q3/23 Q4/23
Interest Rate (%) 1.50 1.5 2 2.25 2
Money Supply M1 (THB Billion) 2967.40 2760 2750 2510 2420
Interbank Rate (%) 1.70 1.7 2.2 2.45 2.2
Money Supply M3 (THB Billion) 24960.98 22690 22710 21980 19500
Loans to Private Sector (THB Million) 4776220.00 4939250 4925542 4991531 4957716
Deposit Interest Rate (%) 0.41 0.91
Money Supply M2 (THB Billion) 21993.56 20860 20790 18975 18290
Repo Rate (%) 1.49 1.49 1.99 2.24 1.99

Trade Actual Q1/23 Q2/23 Q3/23 Q4/23
Balance of Trade (USD Million) -1030.00 -3600 -1400 -2200 -2000
Current Account (USD Million) 1102.01 1100 -830 1300 -1700
Current Account to GDP (% of GDP) -2.20 2.5
Imports (USD Million) 22752.71 24100 22700 28200 29100
Exports (USD Million) 21718.80 20500 21300 26000 27100

Government Actual Q1/23 Q2/23 Q3/23 Q4/23
Government Budget Value (THB Million) 130338.00 -45000 97000 122000 -18000
Government Spending (THB Million) 415625.00 435747 430653 429756 431419
Government Revenues (THB Million) 209771.00 236000 405000 367000 304000
Fiscal Expenditure (THB Million) 179697.00 281000 308000 245000 322000
Government Debt to GDP (% of GDP) 59.61 61
Government Budget (% of GDP) -4.90 -2

Taxes Actual Q1/23 Q2/23 Q3/23 Q4/23
Corporate Tax Rate (%) 20.00 20
Personal Income Tax Rate (%) 35.00 35
Sales Tax Rate (%) 7.00 7

Business Actual Q1/23 Q2/23 Q3/23 Q4/23
Business Confidence (points) 49.80 51 51 52 50
Industrial Production (%) -8.19 2.5 7.1 6.9 5.5
Industrial Production Mom (%) 1.55 0.7 1.3 0.5
Coincident Index (points) 121.86 122 137
Manufacturing PMI (points) 54.50 49.7 50 51.8

Consumer Actual Q1/23 Q2/23 Q3/23 Q4/23
Consumer Confidence (points) 49.70 46 45 50
Retail Sales YoY (%) 4.30 3 6 8 6.1
Consumer Spending (THB Million) 1512172.00 1519974 1534242 1563586 1569635
Disposable Personal Income (THB Million) 9560494.00 9923793
Bank Lending Rate (%) 6.00 6 6.5 6.75 6.5
Gasoline Prices (USD/Liter) 1.21 1.31 1.36 1.41 1.46
Consumer Credit (THB Million) 5372557.00 5411771 5449851 5555224 5576714

Housing Actual Q1/23 Q2/23 Q3/23 Q4/23
Housing Index (points) 155.10 160 165