Latest reading: Industrial production rose 8.2% in annual terms in April, following a 3.1% increase in the prior month. April’s...
Manufacturing Production in Thailand
The economy recorded average manufacturing growth of -0.5% in the decade to 2024. In 2024, manufacturing growth was -1.3%, down from the -3.6% reading of the 2023.
Thailand Manufacturing Chart
Note: This chart displays Manufacturing Production (ann. var. %) for Thailand from 2014 to 2025.
Source: Macrobond.
Thailand Manufacturing Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Manufacturing Production (ann. var. %) | 5.0 | 1.8 | -3.6 | -0.5 | -0.4 |
Manufacturing production contracts in April
Latest reading: Manufacturing production was down 0.4% on a year-on-year basis in April, following a 1.3% increase in the prior month. Relative to the prior month's figures, readings in April softened for food products (0.0% in annual terms vs +8.9% in March), automotive vehicles (-0.3% vs +0.2% in March) and refined petroleum products (+0.8% vs +2.4% in March). In contrast, readings improved for chemical products (-0.4% vs -0.8% in March) and computer and electronic products (+6.8% vs +3.1% in March). In seasonally adjusted month-on-month terms, manufacturing output was stable in April, following 2.3% growth in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Thai manufacturing projections for the next ten years from a panel of 7 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable manufacturing forecast available for Thai manufacturing.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Thai manufacturing projections.
Want to get access to the full dataset of Thai manufacturing forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
-
Malaysia: Industrial production gains steam in April -
South Africa: Manufacturing production shrinks in April Latest reading: Manufacturing production was down 2.7% in seasonally adjusted month-on-month terms in April, following a 1.2% rise in the... -
Argentina: Manufacturing production shrinks in April Latest reading: Manufacturing production fell 2.8% on a year-on-year basis in April, following 5.1% growth in the previous month. The... -
Sweden: Industrial production returns to growth in April Latest reading: Industrial production—excluding energy—rose 3.6% on a calendar- and seasonally adjusted month-on-month basis in April, following a 1.4% fall... -
Bulgaria: Industrial production falls in April Latest reading: Industrial production was down 4.4% on a year-on-year basis in April, following 6.1% growth in the prior month.... -
Czech Republic: Industrial production picks up in April Latest reading: Industrial production rose 1.4% on a seasonally adjusted month-on-month basis in April, following a flat reading in the... -
France: Industrial production slows in April Latest reading: Industrial production—excluding construction—increased 0.1% on a working-day and seasonally adjusted month-on-month basis in April, following 1.4% growth in...