Unemployment in Thailand
Thailand - Unemployment
The economy started the year on a positive note and incoming data points to healthy growth in Q2. Despite earlier concerns about the strong baht, exports recorded a record-high pace of growth in May. The manufacturing PMI also performed well and returned to expansion territory in June on the back of increased domestic and overseas demand. While business confidence slipped in June, it remained entrenched above the crucial 50-point mark, signaling a positive outlook. On the political front, the government finally approved phase one of a Chinese high-speed railway connecting Thailand to South China, budgeted at USD 5.2 billion.Thailand - Unemployment Data
| 2011 | 2012 | 2013 | 2014 | 2015 | |
|---|---|---|---|---|---|
| Unemployment Rate | 0.4 | 0.5 | 0.6 | 0.6 | 0.7 |
Thailand Unemployment Chart
Source: Bank of Thailand and FocusEconomics calculations.
Thailand Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 2.48 | -0.60 % | Jul 18 |
| Exchange Rate | 33.56 | -0.38 % | Jul 18 |
| Stock Market | 1,572 | -0.16 % | Jul 18 |
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Economic News
Thailand: Inflation decelerates in June
July 3, 2017
Consumer price growth in June came in barely above the zero percent mark, registering a 0.02% increase on a month-on-month basis, following the previous month’s 0.15% increase.
Thailand: Unexpected increase in manufacturing production in May
June 30, 2017
Manufacturing production unexpectedly swung up in May to 1.4% from the previous month’s revised 1.8% contraction (previously reported: -1.7%) and overshot market expectations of a 0.20% fall.
Thailand: Exports beat market expectations and regain momentum in May
June 22, 2017
Thailand’s trade balance recorded a USD 0.9 billion surplus in May, which is significantly above the previous month’s USD 0.1 billion surplus.
Thailand: Inflation flat in May
June 2, 2017
In May, consumer prices increased 0.15% on a month-on-month basis, virtually matching April’s 0.16% increase.
Thailand: Exports decelerate but remain strong in April
May 31, 2017
In April, the trade balance recorded a USD 0.1 billion surplus.
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