Thailand Labour Force Participation Rate

2011 - 2024 | Monthly | % | National Statistical Office

Key information about Thailand Labour Force Participation Rate

  • Thailand Labour Force Participation Rate increased to 68.6 % in Feb 2024, compared with 67.4 % in the previous month.
  • Thailand Labour Force Participation Rate is updated monthly, available from Jan 2011 to Feb 2024, with an average rate of 69.0 % .
  • The data reached the an all-time high of 73.6 % in Jul 2011 and a record low of 66.1 % in Oct 2019.
  • Thailand Labour Force Participation Rate is reported by reported by National Statistical Office.
  • In the latest reports, Thailand Population reached 66.1 million people in Dec 2023.
  • Unemployment Rate of Thailand dropped to 1.0 % in Feb 2024.
  • The country's Monthly Earnings stood at 427.3 USD in Feb 2024.

View Thailand's Labour Force Participation Rate from Jan 2011 to Feb 2024 in the chart:

Thailand Labour Force Participation Rate

What was Thailand's Labour Force Participation Rate in Feb 2024?

Thailand Labour Force Participation Rate increased to 68.6 % in Feb 2024, compared with 67.4 % in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
68.6 Feb 2024 67.4 Jan 2024 66.1 Oct 2019 73.6 Jul 2011 % monthly Jan 2011 - Feb 2024

Labour Force Participation Rate by Country Comparison

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country/region Last Frequency Range
Albania (%) 64.5 Sep 2023 quarterly Mar 2012 - Sep 2023
Algeria (%) 41.7 2018 yearly 2003 - 2018
Argentina (%) 60.8 2023 yearly 1990 - 2023
Armenia (%) 61.7 Sep 2023 quarterly Mar 2008 - Sep 2023
Australia (%) 67.3 Feb 2024 monthly Feb 1978 - Feb 2024
Austria (%) 77.1 Jun 2022 quarterly Mar 2021 - Jun 2022
Azerbaijan (%) 70.2 2023 yearly 1990 - 2023
Bahrain (%) 71.9 2023 yearly 1990 - 2023
Bangladesh (%) 58.2 2023 yearly 1990 - 2023
Belarus (%) 86.8 2022 yearly 1995 - 2022
Belgium (%) 70.9 Dec 2023 quarterly Mar 1999 - Dec 2023
Bolivia (%) 77.7 Sep 2022 quarterly Dec 2015 - Sep 2022
Bosnia and Herzegovina (%) 47.8 2023 yearly 2006 - 2023
Botswana (%) 64.5 2023 yearly 1990 - 2023
Brazil (%) 62.0 Feb 2024 monthly Mar 2012 - Feb 2024
Brunei (%) 64.3 2023 yearly 1990 - 2023
Bulgaria (%) 56.1 Sep 2023 quarterly Jun 2000 - Sep 2023
Cambodia (%) 87.4 2020 yearly 2020 - 2020
Canada (%) 64.9 Mar 2024 monthly Jan 1976 - Mar 2024
Chile (%) 62.3 Feb 2024 monthly Mar 2009 - Feb 2024
China (%) 66.4 2023 yearly 1990 - 2023
Colombia (%) 63.8 Feb 2024 monthly Jan 2001 - Feb 2024
Croatia (%) 52.8 Dec 2023 quarterly Mar 2007 - Dec 2023
Cyprus (%) 64.9 Dec 2023 quarterly Jun 1999 - Dec 2023
Czech Republic (%) 60.2 Dec 2023 quarterly Mar 1993 - Dec 2023
Denmark (%) 74.6 Feb 2024 monthly Jan 2007 - Feb 2024
Ecuador (%) 65.6 Dec 2023 quarterly Dec 2013 - Dec 2023
Egypt (%) 42.7 2022 yearly 2009 - 2022
Estonia (%) 67.0 Sep 2023 quarterly Mar 2000 - Sep 2023
European Union (%) 75.4 2022 yearly 1990 - 2022
Finland (%) 67.8 Feb 2024 monthly May 2004 - Feb 2024
France (%) 74.1 Dec 2023 quarterly Mar 2003 - Dec 2023
Georgia (%) 51.9 2022 yearly 1998 - 2022
Germany (%) 55.9 Dec 2023 quarterly Mar 2007 - Dec 2023
Ghana (%) 68.8 2023 yearly 1990 - 2023
Greece (%) 59.7 Feb 2024 monthly Jan 2004 - Feb 2024
Hong Kong SAR, China (%) 57.0 Feb 2024 monthly Dec 1981 - Feb 2024
Hungary (%) 67.9 Dec 2023 quarterly Mar 2009 - Dec 2023
Iceland (%) 79.8 Feb 2024 monthly Jan 2003 - Feb 2024
India (%) 42.4 2023 yearly 1990 - 2023
Indonesia (%) 69.5 Aug 2023 semiannually Feb 2005 - Aug 2023
Iran (%) 41.0 Dec 2022 quarterly Jun 2018 - Dec 2022
Ireland (%) 65.4 Dec 2023 quarterly Mar 1998 - Dec 2023
Israel (%) 62.6 Feb 2024 monthly Jan 2012 - Feb 2024
Italy (%) 48.2 Dec 2020 monthly Jan 2004 - Dec 2020
Ivory Coast (%) 64.4 2023 yearly 1990 - 2023
Japan (%) 62.8 Feb 2024 monthly Jan 1968 - Feb 2024
Jordan (%) 39.4 2023 yearly 1990 - 2023
Kazakhstan (%) 68.3 Dec 2023 quarterly Jun 2001 - Dec 2023
Kenya (%) 73.7 2023 yearly 1990 - 2023
South Korea (%) 63.6 Feb 2024 monthly Jun 1999 - Feb 2024
Kosovo (%) 39.5 Mar 2023 quarterly Mar 2016 - Mar 2023
Kuwait (%) 71.5 2023 yearly 1990 - 2023
Kyrgyzstan (%) 60.1 2022 yearly 1994 - 2022
Laos (%) 59.6 2023 yearly 1990 - 2023
Latvia (%) 68.6 Dec 2023 quarterly Mar 2002 - Dec 2023
Lebanon (%) 45.5 2023 yearly 1990 - 2023
Lithuania (%) 63.6 Dec 2023 quarterly Jun 1998 - Dec 2023
Luxembourg (%) 54.9 2022 yearly 2000 - 2022
Macau SAR, China (%) 67.7 Feb 2024 monthly Sep 1996 - Feb 2024
North Macedonia (%) 52.2 Dec 2023 quarterly Mar 2023 - Dec 2023
Malawi (%) 69.0 2023 yearly 1990 - 2023
Malaysia (%) 70.2 Feb 2024 monthly Jan 2010 - Feb 2024
Malta (%) 81.4 Dec 2023 quarterly Mar 2018 - Dec 2023
Mauritius (%) 58.7 Dec 2023 quarterly Mar 2004 - Dec 2023
Mexico (%) 60.2 Feb 2024 monthly Jan 2005 - Feb 2024
Moldova (%) 44.7 Dec 2023 quarterly Mar 2015 - Dec 2023
Mongolia (%) 57.6 Dec 2023 quarterly Sep 2006 - Dec 2023
Montenegro (%) 63.7 Dec 2023 quarterly Mar 2008 - Dec 2023
Morocco (%) 44.8 Jun 2023 quarterly Mar 1999 - Jun 2023
Mozambique (%) 79.0 2023 yearly 1990 - 2023
Myanmar (%) 59.4 2020 yearly 1991 - 2020
Nepal (%) 40.5 2023 yearly 1990 - 2023
Netherlands (%) 72.9 Feb 2024 monthly Jan 2003 - Feb 2024
New Zealand (%) 72.2 Dec 2023 quarterly Mar 1986 - Dec 2023
Nigeria (%) 59.1 2023 yearly 1990 - 2023
Norway (%) 65.3 2022 yearly 1989 - 2022
Oman (%) 68.3 2023 yearly 1990 - 2023
Pakistan (%) 32.3 2021 yearly 1990 - 2021
Palestinian Territory (%) 44.4 Sep 2023 quarterly Jun 2002 - Sep 2023
Panama (%) 60.4 2021 yearly 2003 - 2021
Paraguay (%) 71.1 Dec 2023 quarterly Mar 2017 - Dec 2023
Peru (%) 72.4 2022 yearly 2001 - 2022
Philippines (%) 61.1 Jan 2024 quarterly Jul 2003 - Jan 2024
Poland (%) 58.9 Dec 2023 quarterly Mar 2010 - Dec 2023
Portugal (%) 61.0 Dec 2023 quarterly Mar 2011 - Dec 2023
Qatar (%) 87.7 2022 yearly 2006 - 2022
Romania (%) 51.5 Sep 2023 quarterly Mar 1996 - Sep 2023
Russia (%) 68.4 Feb 2024 monthly Aug 2009 - Feb 2024
Saudi Arabia (%) 61.7 Mar 2023 quarterly Jun 2016 - Mar 2023
Serbia (%) 55.8 Jun 2023 quarterly Mar 2014 - Jun 2023
Slovakia (%) 62.5 Dec 2023 quarterly Mar 2021 - Dec 2023
Slovenia (%) 58.6 Dec 2023 quarterly Mar 2008 - Dec 2023
South Africa (%) 60.0 Dec 2023 quarterly Mar 2008 - Dec 2023
Spain (%) 59.0 Dec 2023 quarterly Sep 1976 - Dec 2023
Sri Lanka (%) 47.1 Dec 2023 quarterly Mar 2004 - Dec 2023
Sudan (%) 47.6 2023 yearly 1990 - 2023
Sweden (%) 74.5 Feb 2024 monthly Apr 2005 - Feb 2024
Switzerland (%) 68.0 Dec 2023 quarterly Mar 2010 - Dec 2023
Syria (%) 38.7 2023 yearly 1990 - 2023

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Thailand Key Series

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Includes 290 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: Exports: Custom Basis (THB mn) 827,139.032 Feb 2024 monthly Oct 1990 - Feb 2024
MoC: Trade Balance: Custom Basis (THB mn) -29,369.080 Feb 2024 monthly Jan 1991 - 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: Mining & Quarrying (THB mn) 3,484.020 Dec 2023 quarterly Mar 2005 - Dec 2023
FDI: Financial & Insurance Activities (THB mn) -31,607.400 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) 489,127.460 Jan 2024 monthly Dec 2000 - Jan 2024
Total Deposits Growth (%) 1.8 Jan 2024 monthly Dec 2001 - Jan 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) 494,263.235 Jan 2024 monthly Jan 2007 - Jan 2024
Total Loans Growth (%) -0.61 Jan 2024 monthly Jan 2008 - Jan 2024
Private Debt: % of Nominal GDP (%) 171.50 Dec 2023 quarterly Mar 2011 - Dec 2023
MA: Quasi Money (THB mn) 22,655,665.000 Feb 2024 monthly Jan 1997 - Feb 2024
Monetary Aggregates (MA): Broad Money (THB mn) 25,757,589.000 Feb 2024 monthly Jan 1997 - Feb 2024
MA: Narrow Money (NM) (THB mn) 3,101,924.000 Feb 2024 monthly Jan 1997 - Feb 2024
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

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