Thailand Industrial Production Index Growth

2012 - 2024 | Monthly | % | CEIC Data

Key information about Thailand Industrial Production Index Growth

  • Thailand Industrial production fell 2.6 % YoY in Feb 2024, following a drop of 4.4 % YoY in the previous month.
  • Thailand Industrial production index growth rate YoY data is updated monthly, available from Jan 2012 to Feb 2024, with an average rate of -0.2 %.
  • The data reached an all-time high of 45.5 % in Nov 2012 and a record low of -24.1 % in May 2020.

CEIC calculates Industrial Production Index Growth from monthly Industrial Production Index. The Office of Industrial Economics provides Industrial Production Index with base 2021=100. Industrial Production Index covers Manufacturing sector only. Industrial Production Index Growth prior to January 2022 is calculated from Industrial Production Index with base 2016=100.

View Thailand's Industrial Production Index Growth from Jan 2012 to Feb 2024 in the chart:

Thailand Industrial Production Index Growth

What was Thailand's Industrial Production Index Growth in Feb 2024?

Thailand Industrial production fell 2.6 % YoY in Feb 2024, following a drop of 4.4 % YoY in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-2.6 Feb 2024 -4.4 Jan 2024 -24.1 May 2020 45.5 Nov 2012 % monthly Jan 2012 - Feb 2024

Industrial Production Index Growth by Country Comparison

Buy Selected Data

Includes Industrial Production Index Growth on 105 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) -5.8 Dec 2023 quarterly Mar 2006 - Dec 2023
Algeria (%) 7.1 Sep 2023 quarterly Mar 1996 - Sep 2023
Argentina (2004=100) 103.6 Feb 2024 monthly Jan 2016 - Feb 2024
Armenia (%) 36.4 Feb 2024 monthly Jan 2008 - Feb 2024
Australia (%) 0.0 Dec 2023 quarterly Sep 1975 - Dec 2023
Austria (%) 1.1 Apr 2023 monthly Jan 1958 - Apr 2023
Azerbaijan (%) 0.9 Feb 2024 monthly Dec 2009 - Feb 2024
Bangladesh (%) 6.6 Jan 2024 monthly Jul 1974 - Jan 2024
Belarus (%) 5.4 Jan 2024 monthly Jan 2002 - Jan 2024
Belgium (%) -3.8 Apr 2023 monthly Jan 1956 - Apr 2023
Bolivia (%) -0.5 2019 yearly 1991 - 2019
Bosnia and Herzegovina (%) 2.5 Feb 2024 monthly Jan 2007 - Feb 2024
Brazil (%) 1.3 Feb 2024 monthly Jan 1986 - Feb 2024
Bulgaria (%) -10.8 Apr 2023 monthly Jan 2001 - Apr 2023
Canada (%) 1.7 Feb 2024 monthly Jan 1958 - Feb 2024
Chile (%) 3.1 Feb 2024 monthly Jan 2010 - Feb 2024
China (%) 6.8 Dec 2023 monthly Jan 1995 - Dec 2023
Colombia (%) -1.5 Jan 2024 monthly Jan 1981 - Jan 2024
Croatia (%) 0.4 May 2023 monthly Jan 1999 - May 2023
Cyprus (%) 4.2 Jan 2024 monthly Jan 2001 - Jan 2024
Czech Republic (%) 0.5 Feb 2024 monthly Jan 1999 - Feb 2024
Denmark (%) 11.3 Apr 2023 monthly Jan 2001 - Apr 2023
Ecuador (%) 30.3 Sep 2020 monthly Jan 2017 - Sep 2020
Egypt (%) -6.6 Jan 2024 monthly Jan 2021 - Jan 2024
Estonia (%) -15.1 Apr 2023 monthly Jan 1999 - Apr 2023
European Union (%) 0.6 Apr 2023 monthly Jan 1992 - Apr 2023
Finland (%) -2.4 Apr 2023 monthly Jan 1955 - Apr 2023
France (%) 2.6 May 2023 monthly Jan 1991 - May 2023
Georgia (%) -2.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Germany (%) -4.8 Feb 2024 monthly Jan 1959 - Feb 2024
Greece (%) 4.2 Apr 2023 monthly Jan 1991 - Apr 2023
Hong Kong SAR, China (%) 4.1 Dec 2023 quarterly Mar 1983 - Dec 2023
Hungary (%) -4.6 May 2023 monthly Jan 1986 - May 2023
Iceland (%) 11.7 2018 yearly 2008 - 2018
India (%) 3.8 Jan 2024 monthly Apr 2006 - Jan 2024
Indonesia (%) -1.0 Dec 2023 monthly Jan 1999 - Dec 2023
Iran (%) 12.7 Mar 2017 monthly Jan 1958 - Mar 2017
Ireland (%) 27.4 Apr 2023 monthly Jul 1976 - Apr 2023
Israel (%) -3.3 Jan 2024 monthly Jan 2005 - Jan 2024
Italy (%) -7.0 Apr 2023 monthly Jan 1954 - Apr 2023
Ivory Coast (%) 6.6 Dec 2023 monthly Feb 2022 - Dec 2023
Japan (%) -6.3 Feb 2024 monthly Jan 1954 - Feb 2024
Jordan (%) 1.4 Jan 2024 monthly Jan 2003 - Jan 2024
Kazakhstan (%) 3.6 Dec 2023 monthly Feb 2001 - Dec 2023
Kenya (%) 5.9 2021 yearly 2002 - 2021
South Korea (%) 9.9 Feb 2024 monthly Jan 1958 - Feb 2024
Kuwait (%) -10.0 Mar 2017 monthly Jan 1966 - Mar 2017
Kyrgyzstan (%) -0.8 Feb 2024 monthly Jan 1999 - Feb 2024
Latvia (%) -8.7 May 2023 monthly Jan 2001 - May 2023
Lebanon (%) 10.6 2010 yearly 1998 - 2010
Lithuania (%) 3.8 Feb 2024 monthly Jan 1999 - Feb 2024
Luxembourg (%) -4.6 Jan 2024 monthly Jan 2011 - Jan 2024
Macau SAR, China (%) 7.3 Dec 2023 quarterly Mar 2001 - Dec 2023
North Macedonia (%) 0.3 Feb 2024 monthly Jan 2004 - Feb 2024
Malawi (%) 68.2 Dec 2022 monthly Jan 2014 - Dec 2022
Malaysia (%) 2.9 Feb 2024 monthly Jan 2011 - Feb 2024
Malta (%) 14.5 Apr 2023 monthly Jan 2001 - Apr 2023
Mauritius (%) -0.7 Dec 2021 quarterly Mar 2015 - Dec 2021
Mexico (%) 1.9 Jan 2024 monthly Jan 1981 - Jan 2024
Moldova (%) 1.1 Dec 2023 monthly Jan 2004 - Dec 2023
Mongolia (%) 105.6 May 2023 monthly Jan 2010 - May 2023
Montenegro (%) -10.7 Dec 2023 monthly Jan 2001 - Dec 2023
Morocco (%) 1.0 Sep 2023 quarterly Mar 1979 - Sep 2023
Mozambique (%) -11.4 Mar 2023 monthly Jun 2012 - Mar 2023
Nepal (%) 7.9 Jul 2018 quarterly Oct 2016 - Jul 2018
Netherlands (%) -12.4 Apr 2023 monthly Jan 2001 - Apr 2023
New Zealand (%) -3.7 Sep 2023 quarterly Jun 1978 - Sep 2023
Nigeria (%) -0.3 Sep 2023 quarterly Mar 2011 - Sep 2023
Norway (%) -5.1 Apr 2023 monthly Jan 1991 - Apr 2023
Oman (%) -1.9 Apr 2017 monthly Jul 1968 - Apr 2017
Pakistan (%) 1.8 Jan 2024 monthly May 1998 - Jan 2024
Palestinian Territory (%) -20.5 Feb 2024 monthly Jan 2012 - Feb 2024
Panama (%) 0.8 Dec 2021 monthly Jan 2004 - Dec 2021
Peru (%) -4.2 Jan 2024 monthly Jan 1994 - Jan 2024
Philippines (%) 1.9 Jan 2024 monthly Jan 2002 - Jan 2024
Poland (%) -2.4 May 2023 monthly Jan 1998 - May 2023
Portugal (%) -3.7 Jun 2023 monthly Jan 1996 - Jun 2023
Qatar (%) -11.2 Mar 2017 monthly Jan 1958 - Mar 2017
Romania (%) -4.7 Apr 2023 monthly Jan 2006 - Apr 2023
Russia (%) 8.5 Feb 2024 monthly Jan 2014 - Feb 2024
Saudi Arabia (%) -10.5 Dec 2023 monthly Jan 2019 - Dec 2023
Serbia (%) 0.6 May 2023 monthly Jan 2001 - May 2023
Singapore (%) 12.7 Feb 2024 monthly Jan 1984 - Feb 2024
Slovakia (%) -2.0 Apr 2023 monthly Jan 1999 - Apr 2023
Slovenia (%) -8.8 Apr 2023 monthly Dec 1992 - Apr 2023
South Africa (%) 1.8 Oct 2023 monthly Jan 1962 - Oct 2023
Spain (%) -0.1 May 2023 monthly Jan 1962 - May 2023
Sri Lanka (%) -8.2 Apr 2023 monthly Jan 2016 - Apr 2023
Sweden (%) 2.4 Apr 2023 monthly Jan 1981 - Apr 2023
Switzerland (%) -0.3 Dec 2023 monthly Oct 2010 - Dec 2023
Syria (%) -10.0 2021 yearly 1966 - 2021
Taiwan (%) 7.4 Feb 2024 monthly Jan 1997 - Feb 2024
Tajikistan (%) 6.0 Jan 2024 monthly Jan 2000 - Jan 2024
Thailand (%) -2.6 Feb 2024 monthly Jan 2012 - Feb 2024
Tunisia (%) -4.4 Dec 2023 monthly Jan 2001 - Dec 2023
Turkey (%) -0.9 Apr 2023 monthly Jan 1987 - Apr 2023
Ukraine (%) 22.6 Dec 2023 monthly Dec 2000 - Dec 2023
United Arab Emirates (%) 2.2 Mar 2017 monthly Jan 1975 - Mar 2017
United Kingdom (%) -1.8 Apr 2023 monthly Jan 1949 - Apr 2023
United States (%) -0.2 Feb 2024 monthly Jan 1920 - Feb 2024

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Thailand Key Series

Buy Selected Data

Includes 294 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 (%) -3.0 Dec 2023 quarterly Sep 2002 - Dec 2023
Consolidated Fiscal Balance (USD mn) -1,041.625 Jan 2024 monthly Oct 2001 - Jan 2024
Tax Revenue (USD mn) 67,893.852 2022 yearly 1984 - 2022
Tax Revenue: % of GDP (%) 13.4 2022 yearly 1990 - 2022
National Government Debt (USD mn) 276,423.6 Feb 2024 monthly Oct 1997 - Feb 2024
Government Debt: % of GDP (%) 54.3 Dec 2023 quarterly Dec 1997 - Dec 2023
Forecast: Government Expenditure (THB bn) 5,065.690 2028 yearly 1995 - 2028
Forecast: Government Net Debt (THB bn) 13,689.050 2028 yearly 1996 - 2028
Forecast: Government Revenue (THB bn) 4,525.300 2028 yearly 1995 - 2028
Govt Revenue: Gross: Excise Dept (THB mn) 47,541.47 Jun 2018 monthly Oct 1989 - Jun 2018
Govt Revenue: Gross: Revenue Dept: Value Added Tax (THB mn) 68,616.81 Jun 2018 monthly Oct 1989 - Jun 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.640 2028 yearly 1980 - 2028
Trade Balance (USD mn) -554.0 Feb 2024 monthly Jan 1957 - Feb 2024
Total Exports (USD mn) 23,384.9 Feb 2024 monthly Oct 1990 - Feb 2024
Total Exports Growth (%) 12.3 Feb 2024 monthly Oct 1991 - Feb 2024
Aluminum: Exports (USD th) 1,568,630.600 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 435,513.625 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 196,247.335 2022 yearly 1995 - 2022
Total Imports (USD mn) 23,938.8 Feb 2024 monthly Jan 1991 - Feb 2024
Total Imports Growth (%) 11.7 Feb 2024 monthly Jan 1992 - Feb 2024
Imports: Medicament (USD th) 1,843,219.521 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,586,101.179 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 4,072.093 Feb 2024 monthly Jan 1971 - Feb 2024
Total Imports from USA (USD mn) 1,587.353 Feb 2024 monthly Jan 1971 - Feb 2024
Total Exports to China (USD mn) 2,320.343 Feb 2024 monthly Sep 1978 - Feb 2024
Total Imports from China (USD mn) 5,631.694 Feb 2024 monthly Apr 1974 - Feb 2024
MoC: Trade Balance: Custom Basis (THB mn) -29,369.080 Feb 2024 monthly Jan 1991 - Feb 2024
MoC: Exports: Custom Basis (THB mn) 827,139.032 Feb 2024 monthly Oct 1990 - Feb 2024
MoC: Imports: Custom Basis (THB mn) 856,508.112 Feb 2024 monthly Jan 1991 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,549.2 Dec 2023 quarterly Mar 2005 - Dec 2023
Current Account Balance (USD mn) 1,965.5 Feb 2024 monthly Jan 1985 - Feb 2024
Current Account Balance: % of GDP (%) 1.5 Dec 2023 quarterly Mar 1993 - Dec 2023
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) -0.7 Dec 2023 quarterly Mar 1993 - Dec 2023
Foreign Portfolio Investment (USD mn) -1,146.350 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -0.9 Dec 2023 quarterly Mar 2005 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -741.7 Dec 2023 quarterly Mar 1976 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -404.680 Dec 2023 quarterly Mar 1976 - Dec 2023
External Debt (USD mn) 193,212.3 Dec 2023 quarterly Mar 1999 - Dec 2023
External Debt: % of GDP (%) 38.4 Dec 2023 quarterly Mar 2005 - Dec 2023
External Debt: Short Term (USD mn) 79,224.7 Dec 2023 quarterly Mar 1999 - Dec 2023
External Debt: Short Term: % of GDP (%) 15.4 2023 yearly 1980 - 2023
Forecast: Current Account Balance (USD bn) 22.379 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 42,907.160 Dec 2023 quarterly Mar 2012 - Dec 2023
BOP: USD: Current Account Balance (USD mn) 1,965.450 Feb 2024 monthly Jan 2005 - Feb 2024
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) -163.140 Dec 2023 quarterly Mar 2005 - Dec 2023
FDI: Manufacturing (THB mn) 10,477.880 Dec 2023 quarterly Mar 2005 - Dec 2023
FDI: Financial & Insurance Activities (THB mn) -31,607.400 Dec 2023 quarterly Mar 2005 - Dec 2023
FDI: Mining & Quarrying (THB mn) 3,484.020 Dec 2023 quarterly Mar 2005 - Dec 2023
FDI: Construction (THB mn) -762.270 Dec 2023 quarterly Mar 2005 - Dec 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019
Household Debt: % of GDP (%) 86.6 Sep 2023 quarterly Mar 2003 - Sep 2023
Non-Performing Loans (USD mn) 14,347.394 Dec 2023 quarterly Mar 1998 - Dec 2023
Money Supply M1 (USD mn) 86,549.219 Feb 2024 monthly Dec 1975 - Feb 2024
Money Supply M2 (USD mn) 718,682.729 Feb 2024 monthly Jan 1997 - Feb 2024
M2 Growth (%) 2.5 Feb 2024 monthly Jan 1998 - Feb 2024
Reserve Requirement Ratio (%) 1.0 Mar 2024 monthly Sep 1997 - Mar 2024
Foreign Exchange Reserves (USD mn) 199,906.3 Mar 2024 monthly Jan 1993 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 8.3 Feb 2024 monthly Jan 1991 - Feb 2024
Gold Reserves (USD mn) 16,837.550 Mar 2024 monthly Dec 1956 - Mar 2024
Total Deposits (USD mn) 485,015.095 Feb 2024 monthly Dec 2000 - Feb 2024
Total Deposits Growth (%) 1.3 Feb 2024 monthly Dec 2001 - Feb 2024
Domestic Credit (USD mn) 741,734.4 Feb 2024 monthly Jan 2003 - Feb 2024
Domestic Credit Growth (%) 3.5 Feb 2024 monthly Jan 2004 - Feb 2024
Debt Service Ratio: Private Non-Financial Sector (%) 15.000 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 448.346 Sep 2023 quarterly Dec 1991 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 869.949 Sep 2023 quarterly Mar 1957 - Sep 2023
Household Debt (USD mn) 436,311.8 Dec 2022 quarterly Mar 2003 - Dec 2022
Total Loans (USD mn) 486,726.256 Feb 2024 monthly Jan 2007 - Feb 2024
Total Loans Growth (%) -2.14 Feb 2024 monthly Jan 2008 - Feb 2024
Private Debt: % of Nominal GDP (%) 171.50 Dec 2023 quarterly Mar 2011 - Dec 2023
Monetary Aggregates (MA): Broad Money (THB mn) 25,757,589.000 Feb 2024 monthly Jan 1997 - Feb 2024
MA: Quasi Money (THB mn) 22,655,665.000 Feb 2024 monthly Jan 1997 - Feb 2024
MA: Narrow Money (NM) (THB mn) 3,101,924.000 Feb 2024 monthly Jan 1997 - Feb 2024
Credit: Outs: CB: Businesses (THB mn) 7,043,904.000 Feb 2024 monthly Jan 2004 - Feb 2024
Credit: Outs: CB: Individuals (THB mn) 6,349,659.000 Feb 2024 monthly Jan 2004 - Feb 2024
Deposit: Outs: CB: Businesses (THB mn) 5,399,025.000 Feb 2024 monthly Oct 2003 - Feb 2024
Deposit: Outs: CB: Individuals (THB mn) 8,995,763.000 Feb 2024 monthly Oct 2003 - Feb 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -6.6 Mar 2024 monthly Feb 2000 - Mar 2024
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018

More Indicators for Thailand

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data