BETAEarly release — we are building new features fast, you may encounter issues. Help us improve: to report bugs or share feedback.
Back to Macro Analytics
Macro Analytics/TH
Macro country sheet

Thailand TH

Currency: THB. Central bank: Bank of Thailand. THB/USD: 0.0296.

Macro read

Consolidated decision read: what to monitor, why it matters, and where the data is still thin.

Regime scenario
Medium risk
Recession risk

Weak growth with inflation above target — watch labor.

Growth Slowing 4.2 · Inflation Above target 5.8 · weakest: Labor 4.8, Fiscal 5.0

What to monitor: Keep in monitoring rotation and watch the next high-impact releases.

growth momentuminflation trendcentral bank stance
Where data is thin
IndicatorsThailand Retail sales volume MoMThailand Composite leading indicator

Macro regime

Six dimensions, scored from 0 to 10. Radar shows the overall shape; cards show trend and label per dimension.

Growth4.2Inflation5.8Labor4.8Monetary7.0External6.8Fiscal5.0
Growth
4.2Stable
slowing
Inflation
5.8Worsening
above target
Labor
4.8Improving
balanced
Monetary
7.0Stable
accommodative
External
6.8Stable
balanced
Fiscal
5.0Stable
neutral

Key indicators

Cross-country comparable indicators with 5-year micro history. Latest bar in gold; missing indicators render with a baseline.

Thailand GDP YoY
1.90%
Thailand CPI YoY
2.82%
Thailand unemployment rate (BoT, NSO)
0.86%
Thailand policy rate (BoT)
1.00%
Thailand 10y government bond yield (BoT)
2.32%
Thailand Current account % GDP
3.00% of GDP
Thailand Government debt % GDP
64.70% of GDP
Thailand Fiscal balance % GDP
-1.70% of GDP

Upcoming Events

Scheduled releases in the next 60 days. Click an event title to open the indicator detail when available.

Ask Ashenden
Ask, then keep asking: it follows the conversation for 30 minutes, grounded in Ashenden research.
Built on Ashenden research and our own data. Answers are AI-generated: they can be wrong or incomplete — check anything you would act on.