Manufacturing in Thailand

Thailand Manufacturing | Economic News & Forecasts

Thailand - Manufacturing

Manufacturing production growth eases in November

Manufacturing production rose 0.6% month-on-month in seasonally-adjusted terms in November, slowing from October’s 2.7% growth.

On an annual basis, manufacturing output rose 4.8% in November, notably above October’s 3.0% expansion and marking the best result since June. Accordingly, the trend improved, with the annual average growth of manufacturing production coming in at 5.1% in November, up from October's 4.6%.

FocusEconomics Consensus Forecast panelists expect manufacturing output to grow 4.8% in 2022, which is down 1.1 percentage points from last month’s estimate, and increase 3.8% in 2023.

Thailand - Manufacturing Data

2015   2016   2017   2018   2019  
Manufacturing (annual variation in %)0.0  1.4  1.8  3.7  -3.6  

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Thailand Manufacturing Chart

Thailand Industry
Note: Annual variation of manufacturing output in %.
Source: Office of Industrial Economics and FocusEconomics calculations.

Thailand Facts

Value Change Date
Exchange Rate30.110.17 %Dec 30

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