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Thailand Retail

Thailand Retail

Retail Sales in Thailand

Over the past decade, Thailand's economy recorded an average growth rate of 2.5% in retail sales, which is below the Asia-Pacific regional average of 8.2%. In 2022, Thailand's retail sales growth was 10.1%.

Thailand Retail Chart

Note: This chart displays Retail Sales (ann. var. %) for Thailand from 2013 to 2022.
Source: Bank of Thailand.

Thailand Retail Data

2018 2019 2020 2021 2022
Retail Sales (ann. var. %) 10.8 3.2 -10.2 9.7 10.1
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 retail projections for the next ten years from a panel of 1 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 retail forecast available for Thai retail.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Thai retail projections.

Want to get access to the full dataset of Thai retail forecasts? Send an email to info@focus-economics.com.

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