Thailand Labour Productivity Growth

2002 - 2022 | Quarterly | % | CEIC Data

Key information about Thailand Labour Productivity Growth

  • Thailand Labour Productivity dropped by 0.81 % YoY in Mar 2022, compared with a growth of 2.81 % in the previous quarter
  • Thailand Labour Productivity Growth data is updated quarterly, available from Mar 2002 to Mar 2022, averaging at 3.09 %
  • The data reached an all-time high of 13.38 % in Dec 2012 and a record low of -10.65 % in Jun 2020

CEIC calculates Labour Productivity Growth from quarterly Real GDP and quarterly Employment. The Office of the National Economic and Social Development Council provides Real GDP in local currency, at 2002 prices. National Statistical Office provides Employment based on 2010 Census. Labour Productivity Growth prior to Q1 2008 is calculated from Employment at old base survey of Population Projections 2000 - 2020.


Further information about Thailand Labour Productivity Growth

  • In the latest reports, Thailand Population reached 66.17 Person mn in Dec 2021
  • Its Unemployment Rate dropped to 1.49 % in Dec 2020
  • Monthly Earnings of Thailand stood at 479.35 USD in Dec 2020
  • The country's Labour Force Participation Rate increased to 69.30 % in Dec 2020

View Thailand's Labour Productivity Growth from Mar 2002 to Mar 2022 in the chart:

Thailand Labour Productivity Growth

What was Thailand's Labour Productivity Growth in Mar 2022?

Thailand Labour Productivity dropped by 0.81 % YoY in Mar 2022, compared with a growth of 2.81 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
-0.81 Mar 2022 2.81 Dec 2021 -10.65 Jun 2020 13.38 Dec 2012 % quarterly Mar 2002 - Mar 2022

Labour Productivity Growth by Country Comparison

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Includes Labour Productivity Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 15.93 Jun 2021 quarterly Mar 2010 - Jun 2021
Algeria (%) 0.30 2020 yearly 1992 - 2020
Argentina (%) -2.41 2020 yearly 1992 - 2020
Armenia (%) 2.04 Dec 2021 quarterly Mar 2009 - Dec 2021
Australia (%) 1.95 Dec 2021 quarterly Jun 1979 - Dec 2021
Austria (%) 3.98 Dec 2021 quarterly Mar 2005 - Dec 2021
Azerbaijan (%) 6.09 Dec 2021 quarterly Mar 2009 - Dec 2021
Bahrain (%) 5.51 Mar 2021 quarterly Mar 2009 - Mar 2021
Bangladesh (%) 5.83 2020 yearly 1992 - 2020
Belarus (%) 3.11 Dec 2021 quarterly Mar 2006 - Dec 2021
Belgium (%) 2.46 Dec 2021 quarterly Mar 2000 - Dec 2021
Bolivia (%) 6.71 2017 yearly 2000 - 2017
Bosnia and Herzegovina (%) 2.94 2018 yearly 2007 - 2018
Botswana (%) -3.03 Dec 2020 quarterly Sep 2008 - Dec 2020
Brazil (%) 5.85 2020 yearly 1992 - 2020
Brunei (%) 1.58 2020 yearly 1992 - 2020
Bulgaria (%) 4.35 Dec 2021 quarterly Mar 2001 - Dec 2021
Cambodia (%) 5.07 2017 yearly 2008 - 2017
Canada (%) -0.91 Dec 2021 quarterly Mar 1977 - Dec 2021
Chile (%) 2.92 Dec 2021 quarterly Mar 1987 - Dec 2021
China (%) 8.70 2021 yearly 1953 - 2021
Colombia (%) 8.16 Dec 2021 quarterly Mar 2002 - Dec 2021
Croatia (%) 13.98 Sep 2021 quarterly Mar 2008 - Sep 2021
Cyprus (%) 0.55 Dec 2021 quarterly Jun 2005 - Dec 2021
Czech Republic (%) 2.85 Dec 2021 quarterly Dec 2004 - Dec 2021
Denmark (%) 2.21 Dec 2021 quarterly Mar 1991 - Dec 2021
Ecuador (%) 2.05 2020 yearly 1992 - 2020
Egypt (%) -3.80 Jun 2021 quarterly Mar 2004 - Jun 2021
Estonia (%) 6.83 Dec 2021 quarterly Mar 1996 - Dec 2021
European Union (%) 2.99 Dec 2021 quarterly Mar 2006 - Dec 2021
Finland (%) 0.68 Dec 2021 quarterly Mar 1991 - Dec 2021
France (%) -6.98 2020 yearly 1979 - 2020
Georgia (%) 12.57 2021 yearly 1997 - 2021
Germany (%) 0.84 Dec 2021 quarterly Mar 1992 - Dec 2021
Ghana (%) -0.78 2020 yearly 1992 - 2020
Greece (%) 3.65 Dec 2021 quarterly Mar 1996 - Dec 2021
Hong Kong SAR, China (%) -3.57 Mar 2022 quarterly Dec 1982 - Mar 2022
Hungary (%) 5.55 Dec 2021 quarterly Mar 1999 - Dec 2021
Iceland (%) -3.97 Dec 2021 quarterly Mar 2004 - Dec 2021
India (%) 0.70 2020 yearly 1992 - 2020
Indonesia (%) 1.64 2021 yearly 2001 - 2021
Iran (%) 10.79 2020 yearly 1992 - 2020
Ireland (%) -0.40 Dec 2021 quarterly Mar 1999 - Dec 2021
Israel (%) 2.20 Dec 2020 quarterly Mar 2013 - Dec 2020
Italy (%) 4.39 Dec 2021 quarterly Mar 1997 - Dec 2021
Ivory Coast (%) 0.18 2020 yearly 1992 - 2020
Japan (%) 0.94 Dec 2021 quarterly Mar 1995 - Dec 2021
Jordan (%) 0.44 2017 yearly 2001 - 2017
Kazakhstan (%) 4.67 Sep 2021 quarterly Mar 2002 - Sep 2021
Kenya (%) 0.57 2019 yearly 2011 - 2019
South Korea (%) -0.70 Mar 2022 quarterly Sep 1983 - Mar 2022
Kosovo (%) 2.92 Mar 2021 quarterly Mar 2017 - Mar 2021
Kuwait (%) -1.66 2020 yearly 1996 - 2020
Kyrgyzstan (%) -8.49 2020 yearly 1993 - 2020
Laos (%) -0.35 2020 yearly 1992 - 2020
Latvia (%) 5.61 Dec 2021 quarterly Mar 2003 - Dec 2021
Lebanon (%) -16.39 2020 yearly 1992 - 2020
Lithuania (%) 2.20 Dec 2021 quarterly Mar 1996 - Dec 2021
Luxembourg (%) 1.18 Dec 2021 quarterly Mar 1996 - Dec 2021
Macau SAR, China (%) -1.43 Dec 2021 quarterly Mar 2002 - Dec 2021
North Macedonia (%) 1.59 Dec 2021 quarterly Mar 2005 - Dec 2021
Malawi (%) 1.23 2020 yearly 1992 - 2020
Malaysia (%) 2.70 Mar 2022 quarterly Mar 2001 - Mar 2022
Malta (%) 4.71 Dec 2021 quarterly Dec 2001 - Dec 2021
Mauritius (%) 9.08 Dec 2021 quarterly Mar 2005 - Dec 2021
Mexico (%) -4.76 Dec 2021 quarterly Jun 1996 - Dec 2021
Moldova (%) 18.60 Dec 2021 quarterly Mar 2001 - Dec 2021
Mongolia (%) -10.11 Mar 2022 quarterly Sep 2007 - Mar 2022
Montenegro (%) -6.62 Dec 2021 quarterly Mar 2011 - Dec 2021
Morocco (%) -2.45 2020 yearly 2000 - 2020
Mozambique (%) -3.31 2020 yearly 1992 - 2020
Myanmar (%) 7.44 2020 yearly 1992 - 2020
Nepal (%) 4.24 2020 yearly 1992 - 2020
Netherlands (%) 3.01 Dec 2021 quarterly Mar 1996 - Dec 2021
New Zealand (%) -1.77 Dec 2021 quarterly Jun 1988 - Dec 2021
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 0.65 Mar 2022 quarterly Mar 1996 - Mar 2022
Oman (%) 12.26 2020 yearly 1999 - 2020
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 1.32 Dec 2021 quarterly Jun 2013 - Dec 2021
Panama (%) -0.50 2020 yearly 1992 - 2020
Paraguay (%) -1.05 Dec 2021 quarterly Mar 2018 - Dec 2021
Peru (%) 2.31 2020 yearly 2002 - 2020
Philippines (%) -3.46 2020 yearly 1992 - 2020
Poland (%) -2.66 Dec 2020 quarterly Dec 1999 - Dec 2020
Portugal (%) 3.93 Dec 2021 quarterly Mar 1996 - Dec 2021
Qatar (%) -0.98 2019 yearly 2012 - 2019
Romania (%) 12.59 Dec 2021 quarterly Mar 1996 - Dec 2021
Russia (%) 2.48 Dec 2021 quarterly Mar 1996 - Dec 2021
Saudi Arabia (%) 5.41 2021 yearly 1971 - 2021
Serbia (%) 7.15 Dec 2021 quarterly Mar 2015 - Dec 2021
Singapore (%) 5.80 Dec 2021 quarterly Mar 1986 - Dec 2021
Slovakia (%) -1.52 Dec 2021 quarterly Mar 1996 - Dec 2021
Slovenia (%) 7.55 Dec 2021 quarterly Mar 1996 - Dec 2021
South Africa (%) 5.03 Dec 2021 quarterly Mar 2009 - Dec 2021
Spain (%) 2.45 Mar 2022 quarterly Mar 1996 - Mar 2022
Sri Lanka (%) 0.31 Dec 2021 quarterly Jun 2013 - Dec 2021
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 5.16 Dec 2021 quarterly Mar 1994 - Dec 2021
Switzerland (%) 3.41 Dec 2021 quarterly Mar 2011 - Dec 2021

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Thailand Key Series

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Includes 313 key indicators for Thailand, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.1 Mar 2022 quarterly Sep 2002 - Mar 2022
Consolidated Fiscal Balance (USD mn) -1,736.649 Mar 2022 monthly Oct 2001 - Mar 2022
Tax Revenue (USD mn) 67,496.915 2020 yearly 1984 - 2020
Tax Revenue: % of GDP (%) 13.5 2020 yearly 1990 - 2020
National Government Debt (USD mn) 265,019.4 Mar 2022 monthly Oct 1997 - Mar 2022
Government Debt: % of GDP (%) 53.7 Mar 2022 quarterly Dec 1997 - Mar 2022
Forecast: Government Expenditure (THB bn) 5,196.108 2027 yearly 1995 - 2027
Forecast: Government Net Debt (THB bn) 12,977.980 2027 yearly 1996 - 2027
Forecast: Government Revenue (THB bn) 4,417.202 2027 yearly 1995 - 2027
Govt Revenue: Gross: Revenue Dept: Value Added Tax (THB mn) 68,616.81 Jun 2018 monthly Oct 1989 - Jun 2018
Govt Revenue: Gross: Excise Dept (THB mn) 47,541.47 Jun 2018 monthly Oct 1989 - Jun 2018
Total Public Debt as % of GDP (%) 60.640 Mar 2022 monthly Jan 2005 - Mar 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.381 2027 yearly 1980 - 2027
Trade Balance (USD mn) 1,459.1 Mar 2022 monthly Jan 1957 - Mar 2022
Total Exports (USD mn) 28,859.6 Mar 2022 monthly Oct 1990 - Mar 2022
Total Exports Growth (%) 28.7 Mar 2022 monthly Oct 1991 - Mar 2022
Aluminum: Exports (USD th) 906,263.336 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 473,140.446 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 158,255.608 2020 yearly 1995 - 2020
Total Imports (USD mn) 27,400.6 Mar 2022 monthly Jan 1991 - Mar 2022
Total Imports Growth (%) 26.8 Mar 2022 monthly Jan 1992 - Mar 2022
Imports: Medicament (USD th) 1,827,086.391 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 993,571.482 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 4,459.379 Mar 2022 monthly Jan 1971 - Mar 2022
Total Imports from USA (USD mn) 1,363.244 Mar 2022 monthly Jan 1971 - Mar 2022
Total Exports to China (USD mn) 3,207.768 Mar 2022 monthly Sep 1978 - Mar 2022
Total Imports from China (USD mn) 5,653.601 Mar 2022 monthly Apr 1974 - Mar 2022
MoC: Trade Balance: Custom Basis (THB mn) 34,960.106 Mar 2022 monthly Jan 1991 - Mar 2022
MoC: Exports: Custom Basis (THB mn) 922,313.302 Mar 2022 monthly Oct 1990 - Mar 2022
MoC: Imports: Custom Basis (THB mn) 887,353.196 Mar 2022 monthly Jan 1991 - Mar 2022
Exports: Mfg: Machinery & Equipment (THB mn) 65,054.790 Dec 2021 monthly Jan 1995 - Dec 2021
Exports: Agriculture: Rubber (THB mn) 16,820.770 Dec 2021 monthly Jan 1995 - Dec 2021
Exports: Mfg: Electronics: Computer Parts (THB mn) 58,184.910 Dec 2021 monthly Jan 1995 - Dec 2021
Exports: Agriculture: Rice (THB mn) 12,522.650 Dec 2021 monthly Jan 1995 - Dec 2021
Exports: Mfg: Automotive (THB mn) 128,902.070 Dec 2021 monthly Jan 1995 - Dec 2021
Imports: Consumer Goods: ND: Animal and Fishery (THB mn) 11,411.360 Dec 2021 monthly Jan 1995 - Dec 2021
Imports: Capital Goods: Machinery and Equipment (ME) (THB mn) 148,385.460 Dec 2021 monthly Jan 1995 - Dec 2021
Imports: Others: Non-Monetary Gold (THB mn) 38,118.000 Dec 2021 monthly Jan 1995 - Dec 2021
Imports: RM: Non-Agro: Base Metal Materials (THB mn) 78,500.930 Dec 2021 monthly Jan 1995 - Dec 2021
Imports: RM: Non-Agro: Electronic Parts (THB mn) 102,308.670 Dec 2021 monthly Jan 1995 - Dec 2021
Imports Volume: Liquefied Natural Gas (Cub ft mn) 41,470.320 Mar 2022 monthly Jan 2017 - Mar 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 7,093.6 Dec 2021 quarterly Mar 2005 - Dec 2021
Current Account Balance (USD mn) 1,244.8 Mar 2022 monthly Jan 1985 - Mar 2022
Current Account Balance: % of GDP (%) -1.2 Mar 2022 quarterly Mar 1993 - Mar 2022
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) 2.0 Dec 2021 quarterly Mar 1993 - Dec 2021
Foreign Portfolio Investment (USD mn) 4,628.360 Dec 2021 quarterly Mar 2005 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) 3.6 Dec 2021 quarterly Mar 2005 - Dec 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 506.5 Dec 2021 quarterly Mar 1976 - Dec 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 4,121.890 Dec 2021 quarterly Mar 1976 - Dec 2021
External Debt (USD mn) 197,742.8 Dec 2021 quarterly Mar 1999 - Dec 2021
External Debt: % of GDP (%) 38.2 Dec 2021 quarterly Mar 2005 - Dec 2021
External Debt: Short Term (USD mn) 74,214.1 Dec 2021 quarterly Mar 1999 - Dec 2021
External Debt: Short Term: % of GDP (%) 14.7 2021 yearly 1980 - 2021
Forecast: Current Account Balance (USD bn) 22.526 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) 49,573.900 Dec 2021 quarterly Mar 2012 - Dec 2021
BOP: USD: Current Account Balance (USD mn) 1,244.850 Mar 2022 monthly Jan 2005 - Mar 2022
Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) 139.20 Jun 2018 monthly Jan 2010 - Jun 2018
Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) 143.990 Dec 2021 quarterly Mar 2005 - Dec 2021
FDI: Construction (THB mn) -761.050 Dec 2021 quarterly Mar 2005 - Dec 2021
FDI: Financial & Insurance Activities (THB mn) -16,928.800 Dec 2021 quarterly Mar 2005 - Dec 2021
FDI: Mining & Quarrying (THB mn) -6,581.910 Dec 2021 quarterly Mar 2005 - Dec 2021
FDI: Manufacturing (THB mn) 72,869.560 Dec 2021 quarterly Mar 2005 - Dec 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019
Household Debt: % of GDP (%) 90.1 Dec 2021 quarterly Mar 2003 - Dec 2021
Non-Performing Loans (USD mn) 15,923.672 Dec 2021 quarterly Mar 1998 - Dec 2021
Money Supply M1 (USD mn) 88,581.810 Mar 2022 monthly Dec 1975 - Mar 2022
Money Supply M2 (USD mn) 738,410.643 Mar 2022 monthly Jan 1997 - Mar 2022
M2 Growth (%) 6.3 Mar 2022 monthly Jan 1998 - Mar 2022
Reserve Requirement Ratio (%) 1.0 Apr 2022 monthly Sep 1997 - Apr 2022
Foreign Exchange Reserves (USD mn) 206,993.7 Apr 2022 monthly Jan 1993 - Apr 2022
Foreign Exchange Reserves: Months of Import (NA) 8.0 Mar 2022 monthly Jan 1991 - Mar 2022
Gold Reserves (USD mn) 14,887.130 Apr 2022 monthly Dec 1956 - Apr 2022
Total Deposits (USD mn) 506,145.099 Mar 2022 monthly Dec 2000 - Mar 2022
Total Deposits Growth (%) 6.4 Mar 2022 monthly Dec 2001 - Mar 2022
Domestic Credit (USD mn) 744,569.7 Mar 2022 monthly Jan 2003 - Mar 2022
Domestic Credit Growth (%) 8.7 Mar 2022 monthly Jan 2004 - Mar 2022
Debt Service Ratio: Private Non-Financial Sector (%) 14.500 Sep 2021 quarterly Mar 1999 - Sep 2021
Credit to Households (USD bn) 427.363 Sep 2021 quarterly Dec 1991 - Sep 2021
Credit to Private Non-Financial Sector (USD bn) 846.565 Sep 2021 quarterly Mar 1957 - Sep 2021
Household Debt (USD mn) 437,477.9 Dec 2021 quarterly Mar 2003 - Dec 2021
Total Loans (USD mn) 527,547.925 Mar 2022 monthly Jan 2007 - Mar 2022
Total Loans Growth (%) 5.98 Mar 2022 monthly Jan 2008 - Mar 2022
Private Debt: % of Nominal GDP (%) 168.99 Mar 2022 quarterly Mar 2011 - Mar 2022
MA: Narrow Money (NM) (THB mn) 2,946,231.000 Mar 2022 monthly Jan 1997 - Mar 2022
Monetary Aggregates (MA): Broad Money (THB mn) 24,559,538.000 Mar 2022 monthly Jan 1997 - Mar 2022
MA: Quasi Money (THB mn) 21,613,307.000 Mar 2022 monthly Jan 1997 - Mar 2022
Credit: Outs: CB: Individuals (THB mn) 6,283,113.000 Mar 2022 monthly Jan 2004 - Mar 2022
Credit: Outs: CB: Businesses (THB mn) 6,916,515.000 Mar 2022 monthly Jan 2004 - Mar 2022
Deposit: Outs: CB: Individuals (THB mn) 8,773,131.000 Mar 2022 monthly Oct 2003 - Mar 2022
Deposit: Outs: CB: Businesses (THB mn) 5,124,012.000 Mar 2022 monthly Oct 2003 - Mar 2022
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 4.4 Apr 2022 monthly Feb 2000 - Apr 2022
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018

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