Unemployment in Thailand

Thailand Unemployment | Economic News & Forecasts

Thailand - Unemployment

Following a moderation in economic growth in the second quarter of the year, data suggests that economic momentum continued to ease slightly in the third quarter but stayed robust. Manufacturing output growth slowed markedly in August to the weakest reading in over a year. In the same month, Thailand recorded its second consecutive trade deficit and the fourth deficit for the year to August, as import growth continued outpacing export growth. Moreover, growth in tourist arrivals softened notably in July and August, largely due to a drop in arrivals from China following a boat accident. More positively, private consumption growth was robust in July and August, supported by higher consumer confidence and higher household incomes. In early October, the Central Bank announced tighter mortgage rules in order to cool the property market and avoid the escalation of risks.

Thailand - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate0.6  0.6  0.7  0.8  1.0  

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Thailand Unemployment Chart

Thailand Unemployment
Note: Unemployment in % of active population.
Source: Bank of Thailand and FocusEconomics calculations.

Thailand Facts

Bond Yield2.750.0 %Nov 09
Exchange Rate32.970.17 %Nov 09
Stock Market1,669-1.41 %Nov 09

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