Thailand Industrial Production Index Growth
2012 - 2024 | Monthly | % | CEIC Data
Key information about Thailand Industrial Production Index Growth
- Thailand Industrial production fell 1.9 % YoY in Dec 2024, following a drop of 2.6 % YoY in the previous month.
- Thailand Industrial production index growth rate YoY data is updated monthly, available from Jan 2012 to Dec 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 Dec 2024 in the chart:
What was Thailand's Industrial Production Index Growth in Dec 2024?
Thailand Industrial production fell 1.9 % YoY in Dec 2024, following a drop of 2.6 % YoY in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1.9 Dec 2024 | -2.6 Nov 2024 | -24.1 May 2020 | 45.5 Nov 2012 | % | monthly | Jan 2012 - Dec 2024 |
Industrial Production Index Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -4.6 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Algeria (%) | 3.2 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Argentina (2004=100) | 116.5 Dec 2024 | monthly | Jan 2016 - Dec 2024 |
| Armenia (%) | -10.4 Jan 2025 | monthly | Jan 2008 - Jan 2025 |
| Australia (%) | 0.0 Sep 2024 | quarterly | Sep 1975 - Sep 2024 |
| Austria (%) | 1.1 Apr 2023 | monthly | Jan 1958 - Apr 2023 |
| Azerbaijan (%) | 1.1 Dec 2024 | monthly | Dec 2009 - Dec 2024 |
| Bangladesh (%) | 5.2 Oct 2024 | monthly | Jul 1974 - Oct 2024 |
| Belarus (%) | 2.9 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Belgium (%) | -3.8 Apr 2023 | monthly | Jan 1956 - Apr 2023 |
| Bolivia (%) | -0.5 2019 | yearly | 1991 - 2019 |
| Bosnia and Herzegovina (%) | 0.7 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Brazil (%) | 0.5 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
| Bulgaria (%) | -10.8 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Canada (%) | -0.4 Dec 2024 | monthly | Jan 1958 - Dec 2024 |
| Chile (%) | 7.6 Dec 2024 | monthly | Jan 2010 - Dec 2024 |
| China (%) | 6.2 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
| Colombia (%) | -0.3 Dec 2024 | monthly | Jan 1981 - Dec 2024 |
| Croatia (%) | 0.4 May 2023 | monthly | Jan 1999 - May 2023 |
| Cyprus (%) | 2.0 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Czech Republic (%) | -3.6 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Denmark (%) | 11.3 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Ecuador (%) | 30.3 Sep 2020 | monthly | Jan 2017 - Sep 2020 |
| Egypt (%) | 6.7 Dec 2024 | monthly | Aug 2004 - Dec 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 (%) | -1.2 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Germany (%) | -3.1 Dec 2024 | monthly | Jan 1959 - Dec 2024 |
| Greece (%) | 4.2 Apr 2023 | monthly | Jan 1991 - Apr 2023 |
| Hong Kong SAR, China (%) | -0.1 Sep 2024 | quarterly | Mar 1983 - Sep 2024 |
| Hungary (%) | -4.6 May 2023 | monthly | Jan 1986 - May 2023 |
| Iceland (%) | 11.7 2018 | yearly | 2008 - 2018 |
| India (%) | 3.2 Dec 2024 | monthly | Apr 2006 - Dec 2024 |
| Indonesia (%) | 2.2 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Iran (%) | 12.7 Mar 2017 | monthly | Jan 1958 - Mar 2017 |
| Ireland (%) | 27.4 Apr 2023 | monthly | Jul 1976 - Apr 2023 |
| Israel (%) | 3.7 Nov 2024 | monthly | Jan 1991 - Nov 2024 |
| Italy (%) | -7.0 Apr 2023 | monthly | Jan 1954 - Apr 2023 |
| Ivory Coast (%) | 0.9 Sep 2024 | monthly | Feb 2022 - Sep 2024 |
| Japan (%) | 2.6 Jan 2025 | monthly | Jan 1954 - Jan 2025 |
| Jordan (%) | 4.7 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
| Kazakhstan (%) | 2.3 Jan 2025 | monthly | Feb 2001 - Jan 2025 |
| Kenya (%) | 2.8 2023 | yearly | 2002 - 2023 |
| South Korea (%) | 4.8 Dec 2024 | monthly | Jan 1958 - Dec 2024 |
| Kuwait (%) | -10.0 Mar 2017 | monthly | Jan 1966 - Mar 2017 |
| Kyrgyzstan (%) | 12.4 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Latvia (%) | -8.7 May 2023 | monthly | Jan 2001 - May 2023 |
| Lebanon (%) | 10.6 2010 | yearly | 1998 - 2010 |
| Lithuania (%) | 8.8 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| Luxembourg (%) | -5.5 Nov 2024 | monthly | Jan 2011 - Nov 2024 |
| Macau SAR, China (%) | 37.0 Dec 2024 | quarterly | Mar 2001 - Dec 2024 |
| North Macedonia (%) | -1.4 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Malawi (%) | 6.7 May 2024 | monthly | Jan 2014 - May 2024 |
| Malaysia (%) | 4.6 Dec 2024 | monthly | Jan 2011 - Dec 2024 |
| Malta (%) | 14.5 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| Mauritius (%) | -0.7 Dec 2021 | quarterly | Mar 2015 - Dec 2021 |
| Mexico (%) | -3.3 Oct 2024 | monthly | Jan 1981 - Oct 2024 |
| Moldova (%) | -3.4 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Mongolia (%) | 105.6 May 2023 | monthly | Jan 2010 - May 2023 |
| Montenegro (%) | 7.9 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Morocco (%) | 9.2 Sep 2024 | quarterly | Mar 1979 - Sep 2024 |
| Mozambique (%) | -2.1 Jun 2023 | monthly | Jun 2012 - Jun 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 (%) | 4.1 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Norway (%) | -5.1 Apr 2023 | monthly | Jan 1991 - Apr 2023 |
| Oman (%) | -1.9 Apr 2017 | monthly | Jul 1968 - Apr 2017 |
| Pakistan (%) | -3.8 Nov 2024 | monthly | May 1998 - Nov 2024 |
| Palestinian Territory (%) | 5.2 Dec 2024 | monthly | Jan 2012 - Dec 2024 |
| Panama (%) | 0.8 Dec 2021 | monthly | Jan 2004 - Dec 2021 |
| Peru (%) | 11.8 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| Philippines (%) | 0.2 Dec 2024 | monthly | Jan 2002 - Dec 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 (%) | 8.2 Dec 2024 | monthly | Jan 2014 - Dec 2024 |
| Saudi Arabia (%) | -10.5 Dec 2023 | monthly | Jan 2019 - Dec 2023 |
| Serbia (%) | 0.6 May 2023 | monthly | Jan 2001 - May 2023 |
| Singapore (%) | 13.0 Jan 2025 | monthly | Jan 1984 - Jan 2025 |
| Slovakia (%) | -2.0 Apr 2023 | monthly | Jan 1999 - Apr 2023 |
| Slovenia (%) | -8.8 Apr 2023 | monthly | Dec 1992 - Apr 2023 |
| South Africa (%) | -2.8 Dec 2024 | monthly | Jan 1962 - Dec 2024 |
| 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 (%) | -0.9 Sep 2024 | monthly | Oct 2010 - Sep 2024 |
| Syria (%) | -11.1 2022 | yearly | 1966 - 2022 |
| Taiwan (%) | 12.0 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Tajikistan (%) | 15.3 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Thailand (%) | -1.9 Dec 2024 | monthly | Jan 2012 - Dec 2024 |
| Tunisia (%) | -3.1 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Turkey (%) | -0.9 Apr 2023 | monthly | Jan 1987 - Apr 2023 |
| Ukraine (%) | 1.3 Sep 2024 | monthly | Dec 2000 - Sep 2024 |
| 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 (%) | 2.0 Jan 2025 | monthly | Jan 1920 - Jan 2025 |
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Learn more about what we doThailand Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.7 Dec 2024 | quarterly | Sep 2002 - Dec 2024 |
| Consolidated Fiscal Balance (USD mn) | -1,579.976 Jan 2025 | monthly | Oct 2001 - Jan 2025 |
| Tax Revenue (USD mn) | 67,624.756 2023 | yearly | 1984 - 2023 |
| Tax Revenue: % of GDP (%) | 13.2 2023 | yearly | 1990 - 2023 |
| National Government Debt (USD mn) | 306,237.4 Dec 2024 | monthly | Oct 1997 - Dec 2024 |
| Government Debt: % of GDP (%) | 56.6 Dec 2024 | quarterly | Dec 1997 - Dec 2024 |
| Forecast: Government Expenditure (THB bn) | 5,366.801 2029 | yearly | 1995 - 2029 |
| Forecast: Government Net Debt (THB bn) | 14,934.651 2029 | yearly | 1996 - 2029 |
| Forecast: Government Revenue (THB bn) | 4,743.913 2029 | yearly | 1995 - 2029 |
| 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 (%) | 63.920 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.640 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -1,880.2 Jan 2025 | monthly | Jan 1957 - Jan 2025 |
| Total Exports (USD mn) | 25,277.0 Jan 2025 | monthly | Oct 1990 - Jan 2025 |
| Total Exports Growth (%) | 11.8 Jan 2025 | monthly | Oct 1991 - Jan 2025 |
| Aluminum: Exports (USD th) | 1,474,770.435 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 425,949.614 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 187,991.703 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 27,157.2 Jan 2025 | monthly | Jan 1991 - Jan 2025 |
| Total Imports Growth (%) | 6.3 Jan 2025 | monthly | Jan 1992 - Jan 2025 |
| Imports: Medicament (USD th) | 1,944,018.232 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,208,010.738 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 4,777.942 Jan 2025 | monthly | Jan 1971 - Jan 2025 |
| Total Imports from USA (USD mn) | 1,745.124 Jan 2025 | monthly | Jan 1971 - Jan 2025 |
| Total Exports to China (USD mn) | 2,531.405 Jan 2025 | monthly | Sep 1978 - Jan 2025 |
| Total Imports from China (USD mn) | 8,223.661 Jan 2025 | monthly | Apr 1974 - Jan 2025 |
| MoC: Trade Balance: Custom Basis (THB mn) | -75,745.450 Jan 2025 | monthly | Jan 1991 - Jan 2025 |
| MoC: Exports: Custom Basis (THB mn) | 862,366.563 Jan 2025 | monthly | Oct 1990 - Jan 2025 |
| MoC: Imports: Custom Basis (THB mn) | 938,112.013 Jan 2025 | monthly | Jan 1991 - Jan 2025 |
| Imports Volume: Liquefied Natural Gas (Cub ft mn) | 36,790.499 Dec 2024 | monthly | Jan 2010 - Dec 2024 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 2,287.7 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Current Account Balance (USD mn) | 2,924.6 Dec 2024 | monthly | Jan 1985 - Dec 2024 |
| Current Account Balance: % of GDP (%) | 4.0 Dec 2024 | quarterly | Mar 1993 - Dec 2024 |
| Foreign Direct Investment (USD mn) | -517.0 Jul 2020 | monthly | Jan 2005 - Jul 2020 |
| Foreign Direct Investment: % of GDP (%) | 1.4 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Foreign Portfolio Investment (USD mn) | 2,765.600 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Foreign Portfolio Investment: % of GDP (%) | 2.1 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 1,315.3 Sep 2024 | quarterly | Mar 1976 - Sep 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 1,450.320 Sep 2024 | quarterly | Mar 1976 - Sep 2024 |
| External Debt (USD mn) | 200,924.7 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| External Debt: % of GDP (%) | 38.0 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| External Debt: Short Term (USD mn) | 87,533.6 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| External Debt: Short Term: % of GDP (%) | 15.7 2023 | yearly | 1980 - 2023 |
| Forecast: Current Account Balance (USD bn) | 18.156 2029 | yearly | 1980 - 2029 |
| Net International Investment Position (USD mn) | 42,929.370 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| BOP: USD: Current Account Balance (USD mn) | 2,924.550 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) | 139.20 Jun 2018 | monthly | Jan 2010 - Jun 2018 |
| FDI: Manufacturing (THB mn) | 19,572.550 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) | -17.370 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| FDI: Financial & Insurance Activities (THB mn) | -3,517.230 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| FDI: Construction (THB mn) | 1,520.740 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| FDI: Mining & Quarrying (THB mn) | 53.250 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.0 Dec 2019 | quarterly | Mar 1998 - Dec 2019 |
| Household Debt: % of GDP (%) | 88.8 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Non-Performing Loans (USD mn) | 14,453.992 Dec 2024 | quarterly | Mar 1998 - Dec 2024 |
| Money Supply M1 (USD mn) | 94,534.266 Dec 2024 | monthly | Dec 1975 - Dec 2024 |
| Money Supply M2 (USD mn) | 766,968.561 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
| M2 Growth (%) | 3.3 Dec 2024 | monthly | Jan 1998 - Dec 2024 |
| Reserve Requirement Ratio (%) | 1.0 Jan 2025 | monthly | Sep 1997 - Jan 2025 |
| Foreign Exchange Reserves (USD mn) | 214,490.7 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 7.9 Jan 2025 | monthly | Jan 1991 - Jan 2025 |
| Gold Reserves (USD mn) | 21,123.860 Jan 2025 | monthly | Dec 1956 - Jan 2025 |
| Total Deposits (USD mn) | 513,388.607 Dec 2024 | monthly | Dec 2000 - Dec 2024 |
| Total Deposits Growth (%) | 2.0 Dec 2024 | monthly | Dec 2001 - Dec 2024 |
| Domestic Credit (USD mn) | 786,571.6 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
| Domestic Credit Growth (%) | 1.9 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 15.300 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Credit to Households (USD bn) | 448.489 Jun 2024 | quarterly | Dec 1991 - Jun 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 868.946 Jun 2024 | quarterly | Mar 1957 - Jun 2024 |
| Household Debt (USD mn) | 436,311.8 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
| Total Loans (USD mn) | 512,098.834 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Total Loans Growth (%) | -0.33 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| Private Debt: % of Nominal GDP (%) | 166.09 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
| MA: Narrow Money (NM) (THB mn) | 3,244,416.000 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
| MA: Quasi Money (THB mn) | 23,077,945.000 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
| Monetary Aggregates (MA): Broad Money (THB mn) | 26,322,361.000 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
| Private Credits (THB mn) | 30,707,595.000 Dec 2024 | monthly | Jan 2011 - Dec 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Global Competitiveness Index (Score) | 68.112 2019 | yearly | 2017 - 2019 |
| Business Confidence Growth (% Point) | 1.0 Jan 2025 | monthly | Feb 2000 - Jan 2025 |
| Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) | 150.37 Jun 2018 | monthly | Jan 1993 - Jun 2018 |
| Trade and Services Sentiment Index (TSSI): MSME: Present (NA) | 53.000 Nov 2024 | monthly | Jan 2013 - Nov 2024 |
More Indicators for Thailand
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