China and Japan will struggle through the first half of 2024, while India will continue as Asia’s fastest-growing economy. Monetary policy normalisation should begin mid-2024 as inflation tracks lower towards central bank target ranges; central banks in China and Japan will keep bucking this trend. Merchandise exports should mend in the second half as global growth turns a corner. We quantified the impact of stickier-than-expected inflation...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Private Consumption | 2023 Q4 | 2,646,414 | 2,652,374 | Mil. THB, NSA | Quarterly |
Real Private Consumption | 2023 Q4 | 1,634,177 | 1,636,403 | Mil. Ch. 2002 THB, NSA | Quarterly |
Real Government Consumption | 2023 Q4 | 400,818 | 426,622 | Mil. Ch. 2002 THB, NSA | Quarterly |
Real Gross Domestic Product | 2023 Q4 | 2,820,978 | 2,582,957 | Mil. Ch. 2002 THB, NSA | Quarterly |
Nominal Gross Domestic Product | 2023 Q4 | 4,630,465 | 4,442,251 | Mil. THB, NSA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2023 Q4 | 666,213 | 666,504 | Mil. Ch. 2002 THB, NSA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2023 Q4 | 1,041,172 | 1,002,938 | Mil. THB, NSA | Quarterly |
Government Consumption | 2023 Q4 | 737,017 | 795,389 | Mil. THB, NSA | Quarterly |
Investment | 2016 | 3,160,086,000,000 | 3,041,894,000,000 | NCU | Annual |
Real Investment | 2016 | 2,079,289,000,000 | 2,283,489,000,000 | NCU | Annual |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | Feb 2024 | 107.22 | 106.98 | Index 2019=100, NSA | Monthly |
Producer Price Index (PPI) | Feb 2024 | 111.6 | 110.3 | Index 2015=100, NSA | Monthly |
Wholesale Price Index | 2000 | 100 | 98.17 | Index 2010 = 100 | Annual |
Labor | Reference | Last | Previous | Units | Frequency |
Secondary Industries Employment | 2023 Q4 | 47.4 | 36.86 | Ths. #, NSA | Quarterly |
Primary Industries Employment | 2023 Q4 | 12,333 | 12,644 | Ths. #, NSA | Quarterly |
Total Employment Non-Ag | 2023 Q4 | 27,916 | 27,447 | Ths. #, NSA | Quarterly |
Tertiary Industries Employment | 2023 Q4 | 19,249 | 18,820 | Ths. #, NSA | Quarterly |
Labor Force Employment | 2023 Q4 | 40,250 | 40,091 | Ths. #, NSA | Quarterly |
Unemployment Rate | 2023 Q4 | 0.81 | 0.99 | %, NSA | Quarterly |
Labor Force | 2023 Q4 | 40,673 | 40,531 | Ths. #, NSA | Quarterly |
Unemployment | 2023 Q4 | 329.29 | 401.2 | Ths. #, NSA | Quarterly |
Wage & Salaries | 2023 Q3 | 8,835 | 8,475 | Mil. THB, NSA | Quarterly |
Real Wages & Salaries | 2023 Q3 | 8,835 | 8,475 | Mil. THB, NSA | Quarterly |
Agriculture Employment | 2017 | 12,835,952 | 12,983,823 | # | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Imports of Goods | Jan 2024 | 813,005 | 700,659 | Mil. THB | Monthly |
Exports of Goods | Jan 2024 | 774,312 | 782,695 | Mil. THB | Monthly |
Current Account Balance | Jan 2024 | -6,701 | 73,700 | Mil. THB, NSA | Monthly |
Balance of Goods | Jan 2024 | -38,692 | 82,036 | Mil. THB | Monthly |
Real Exports of Goods and Services | 2023 Q4 | 1,862,684 | 1,862,502 | Mil. Ch. 2002 THB, NSA | Quarterly |
Real Net Exports | 2023 Q4 | 70,636 | 109,009 | Mil. Ch. 2002 THB, NSA | Quarterly |
Imports of Goods and Services | 2023 Q4 | 2,922,174 | 2,836,822 | Mil. THB, NSA | Quarterly |
Exports of Goods and Services | 2023 Q4 | 2,970,612 | 2,966,179 | Mil. THB, NSA | Quarterly |
Real Imports of Goods and Services | 2023 Q4 | 1,792,048 | 1,753,493 | Mil. Ch. 2002 THB, NSA | Quarterly |
Net Exports | 2023 Q4 | 48,438 | 129,357 | Mil. THB, NSA | Quarterly |
Government | Reference | Last | Previous | Units | Frequency |
Government Budget Balance | Jan 2024 | 29,605 | 16,224 | Mil. THB | Monthly |
Gross External Debt | 2023 Q3 | 45,616,068,199 | 48,679,116,622 | USD, NSA | Quarterly |
Outstanding Public Debt | 2023 Q3 | 716.53 | 654.32 | Mil. USD, NSA | Quarterly |
Outstanding Public Debt - Foreign | 2023 Q3 | 190,055 | 192,754 | Mil. USD, NSA | Quarterly |
Markets | Reference | Last | Previous | Units | Frequency |
Lending Rate | 19 Mar 2024 | 2.5 | 2.5 | % p.a., NSA | Daily |
Stock Market Index | 15 Mar 2024 | 1,386 | 1,394 | Index, NSA, 30 Apr 75 = 100 | Business Daily |
Treasury Bills (over 31 days) | Feb 2024 | 2.17 | 2.1 | % p.a., NSA | Monthly |
Money Market Rate | Jan 2024 | 2.45 | 2.45 | % p.a., NSA | Monthly |
Average Long-term Government Bond | Jun 2017 | 2.57 | 2.76 | % | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
House Price Index | Jan 2024 | 160.9 | 160.9 | Index 2011=100 3-mo MA, NSA | Monthly |
Building Permits | Dec 2023 | 5,029 | 5,079 | m², NSA | Monthly |
Non-residential Building Permits | Dec 2023 | 3,730 | 19,865 | #, NSA | Monthly |
House Price Index for Existing Homes | Sep 2021 | 153.7 | 153.7 | Index Jan2009=100, NSA | Monthly |
Consumer | Reference | Last | Previous | Units | Frequency |
Retail Sales | Dec 2023 | 346.58 | 324.32 | Index 2002=100, NSA | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Real Change in Inventories | 2023 Q4 | 81,605 | -96,515 | Mil. Ch. 2002 THB, NSA | Quarterly |
Change in Inventories | 2023 Q4 | 109,626 | -186,490 | Mil. THB, NSA | Quarterly |
Demographics | Reference | Last | Previous | Units | Frequency |
Birth Rate | 2100 | 8.03 | 8.02 | # per Ths. pop., NSA | Annual |
Death Rate | 2100 | 14.02 | 14.08 | # per Ths. pop., NSA | Annual |
Population | 2023 Q4 | 59,027 | 58,961 | Ths. #, NSA | Quarterly |
Net Migration | 2017 | 97,222 | # | Annual |