Thailand Retail Sales Growth

1996 - 2023 | Monthly | % | CEIC Data

Key information about Thailand Retail Sales Growth

  • Thailand Retail Sales grew 0.5 % YoY in Mar 2023, compared with a 2.1 % increase in the previous month.
  • Thailand Retail Sales Growth YoY data is updated monthly, available from Jan 1996 to Mar 2023, with an average growth rate of 6.3 %.
  • The data reached an all-time high of 113.2 % in Nov 1999 and a record low of -61.3 % in Nov 1998.
  • In the latest reports, Car Sales of Thailand recorded 65,088.0 units in May 2023, representing a growth of 0.5 %.

CEIC calculates monthly Retail Sales: Incl. Motor Vehicles Growth from monthly Retail Sales Index. The Bank of Thailand provides Retail Sales Index with base 2002=100. Retail Sales: Incl. Motor Vehicles Growth prior to January 2001 is calculated from Retail Sales Index with base 1995=100, ISIC Rev. 3.

View Thailand's Retail Sales Growth from Jan 1996 to Mar 2023 in the chart:

Thailand Retail Sales Growth

What was Thailand's Retail Sales Growth in Mar 2023?

Thailand Retail Sales grew 0.5 % YoY in Mar 2023, compared with a 2.1 % increase in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
0.5 Mar 2023 2.1 Feb 2023 -61.3 Nov 1998 113.2 Nov 1999 % monthly Jan 1996 - Mar 2023

Retail Sales Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 4.5 Mar 2023 monthly Jan 2006 - Mar 2023
Argentina (%) -3.3 Dec 2024 monthly Jan 2018 - Dec 2024
Armenia (%) 5.7 Jan 2025 monthly Jan 2001 - Jan 2025
Australia (%) 4.2 May 2023 monthly Apr 1983 - May 2023
Austria (%) 3.3 Nov 2024 monthly Jan 2007 - Nov 2024
Azerbaijan (%) 7.8 Jan 2025 monthly Dec 2007 - Jan 2025
Belarus (%) 12.2 Jan 2025 monthly Oct 2008 - Jan 2025
Belgium (%) -0.0 Jan 2025 monthly Jan 2007 - Jan 2025
Bosnia and Herzegovina (%) 15.4 Apr 2023 monthly Jan 2013 - Apr 2023
Brazil (%) 4.1 Dec 2024 monthly Jan 2001 - Dec 2024
Bulgaria (%) -0.6 Apr 2023 monthly Jan 2001 - Apr 2023
Canada (%) 1.1 Apr 2023 monthly Jan 1992 - Apr 2023
Chile (%) 8.2 Jan 2025 monthly Jan 2015 - Jan 2025
China (%) 12.7 May 2023 monthly Jan 1994 - May 2023
Colombia (%) 5.5 Dec 2024 monthly Jan 2014 - Dec 2024
Croatia (%) 3.3 Apr 2023 monthly Jan 2001 - Apr 2023
Cyprus (%) 2.7 Jan 2025 monthly Jan 2006 - Jan 2025
Czech Republic (%) 5.5 Dec 2024 monthly Jan 2001 - Dec 2024
Denmark (%) 0.4 May 2023 monthly Jan 2001 - May 2023
Egypt (%) 1.4 2020 yearly 1996 - 2020
Estonia (%) -1.3 Sep 2024 quarterly Mar 1996 - Sep 2024
European Union (%) 2.0 Jan 2025 monthly Jan 2000 - Jan 2025
Finland (%) -0.3 Jan 2025 monthly Jan 1996 - Jan 2025
France (%) 1.6 Dec 2024 monthly Jan 1996 - Dec 2024
Georgia (%) 1.1 Dec 2024 quarterly Mar 2010 - Dec 2024
Germany (%) -4.4 Apr 2023 monthly Jan 1995 - Apr 2023
Greece (%) -5.6 Dec 2024 monthly Jan 2001 - Dec 2024
Hong Kong SAR, China (%) 16.6 May 2023 monthly Jan 1982 - May 2023
Hungary (%) 4.2 Jan 2025 monthly Jan 2001 - Jan 2025
Iceland (%) 6.6 Aug 2024 monthly Feb 2002 - Aug 2024
Indonesia (%) 0.0 May 2023 monthly Jan 2011 - May 2023
Ireland (%) -0.1 Jan 2025 monthly Jan 2006 - Jan 2025
Israel (%) -0.2 Jan 2025 monthly Jan 1998 - Jan 2025
Italy (%) 0.8 Jan 2025 monthly Jan 2001 - Jan 2025
Japan (%) 5.2 Apr 2023 monthly Oct 1992 - Apr 2023
Kazakhstan (%) 5.4 May 2023 monthly Jan 2006 - May 2023
South Korea (%) -0.7 Apr 2023 monthly Jan 1996 - Apr 2023
Kyrgyzstan (%) 10.7 2022 yearly 1990 - 2022
Latvia (%) 2.1 Jan 2025 monthly Jan 2001 - Jan 2025
Lithuania (%) 1.5 Jan 2025 monthly Jan 1999 - Jan 2025
Luxembourg (%) 11.4 Jan 2025 monthly Jan 2006 - Jan 2025
Macau SAR, China (%) -9.3 Dec 2024 quarterly Mar 2002 - Dec 2024
North Macedonia (%) -0.2 Jan 2025 monthly Jan 2011 - Jan 2025
Malaysia (%) 12.9 Apr 2023 monthly Jan 2014 - Apr 2023
Malta (%) 4.8 Dec 2024 quarterly Mar 2001 - Dec 2024
Mexico (%) 4.6 Apr 2023 monthly Jan 2002 - Apr 2023
Moldova (%) 10.8 Dec 2024 monthly Jan 2011 - Dec 2024
Mongolia (%) 14.9 Dec 2023 quarterly Mar 2012 - Dec 2023
Montenegro (%) 8.5 Apr 2023 monthly Jan 2007 - Apr 2023
Netherlands (%) -4.2 May 2023 monthly Jan 2001 - May 2023
New Zealand (%) 0.4 Dec 2024 quarterly Sep 1996 - Dec 2024
Norway (%) 2.6 Jan 2025 monthly Jan 1980 - Jan 2025
Palestinian Territory (%) -0.2 2018 yearly 2011 - 2018
Peru (%) 4.8 Aug 2024 monthly Jan 2015 - Aug 2024
Poland (%) -1.8 Apr 2023 monthly Jan 2001 - Apr 2023
Portugal (%) 3.1 May 2023 monthly Jan 2001 - May 2023
Qatar (%) 6.9 2021 yearly 1987 - 2021
Romania (%) 3.2 Jan 2025 monthly Jan 2001 - Jan 2025
Russia (%) 5.4 Jan 2025 monthly Jan 1994 - Jan 2025
Serbia (%) -6.2 May 2023 monthly Dec 2004 - May 2023
Singapore (%) -3.0 Jan 2025 monthly Jan 1986 - Jan 2025
Slovakia (%) 0.8 Jan 2025 monthly Jan 2001 - Jan 2025
Slovenia (%) 3.2 Jan 2025 monthly Jan 2001 - Jan 2025
South Africa (%) 3.2 Dec 2024 monthly Jan 2003 - Dec 2024
Spain (%) 3.1 Dec 2023 monthly Jan 2001 - Dec 2023
Sweden (%) -3.9 May 2023 monthly Jan 1991 - May 2023
Switzerland (%) -3.4 Apr 2023 monthly Jan 2001 - Apr 2023
Taiwan (%) 1.7 Feb 2022 monthly Jan 2000 - Feb 2022
Thailand (%) 0.5 Mar 2023 monthly Jan 1996 - Mar 2023
Turkey (%) 11.2 Dec 2023 monthly Jan 2011 - Dec 2023
Ukraine (%) -3.1 Dec 2022 monthly Jan 2008 - Dec 2022
United Kingdom (%) -2.1 May 2023 monthly Jan 1997 - May 2023
United States (%) 1.0 May 2023 monthly Jan 1993 - May 2023
Uzbekistan (%) -4.0 Apr 2023 monthly Jan 2019 - Apr 2023
Venezuela (%) -53.5 Jan 2019 monthly Jan 2005 - Jan 2019
Vietnam (%) 8.7 Feb 2025 monthly Sep 2004 - Feb 2025

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Thailand 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) 316,226.8 Jan 2025 monthly Oct 1997 - Jan 2025
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: 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
Total Public Debt as % of GDP (%) 64.130 Jan 2025 monthly Jan 2005 - Jan 2025
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: Exports: Custom Basis (THB mn) 862,366.563 Jan 2025 monthly Oct 1990 - Jan 2025
MoC: Trade Balance: Custom Basis (THB mn) -75,745.450 Jan 2025 monthly Jan 1991 - 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) 2,656.8 Jan 2025 monthly Jan 1985 - Jan 2025
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) 2,656.850 Jan 2025 monthly Jan 2005 - Jan 2025
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) -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: Manufacturing (THB mn) 19,572.550 Sep 2024 quarterly Mar 2005 - Sep 2024
FDI: Mining & Quarrying (THB mn) 53.250 Sep 2024 quarterly Mar 2005 - Sep 2024
FDI: Construction (THB mn) 1,520.740 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) 96,163.304 Jan 2025 monthly Dec 1975 - Jan 2025
Money Supply M2 (USD mn) 788,311.637 Jan 2025 monthly Jan 1997 - Jan 2025
M2 Growth (%) 3.6 Jan 2025 monthly Jan 1998 - Jan 2025
Reserve Requirement Ratio (%) 1.0 Feb 2025 monthly Sep 1997 - Feb 2025
Foreign Exchange Reserves (USD mn) 216,711.1 Feb 2025 monthly Jan 1993 - Feb 2025
Foreign Exchange Reserves: Months of Import (NA) 7.9 Jan 2025 monthly Jan 1991 - Jan 2025
Gold Reserves (USD mn) 21,558.150 Feb 2025 monthly Dec 1956 - Feb 2025
Total Deposits (USD mn) 525,871.042 Jan 2025 monthly Dec 2000 - Jan 2025
Total Deposits Growth (%) 2.2 Jan 2025 monthly Dec 2001 - Jan 2025
Domestic Credit (USD mn) 802,561.5 Jan 2025 monthly Jan 2003 - Jan 2025
Domestic Credit Growth (%) 2.2 Jan 2025 monthly Jan 2004 - Jan 2025
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
Monetary Aggregates (MA): Broad Money (THB mn) 26,487,271.000 Jan 2025 monthly Jan 1997 - Jan 2025
MA: Narrow Money (NM) (THB mn) 3,231,087.000 Jan 2025 monthly Jan 1997 - Jan 2025
MA: Quasi Money (THB mn) 23,256,185.000 Jan 2025 monthly Jan 1997 - Jan 2025
Private Credits (THB mn) 30,699,864.000 Jan 2025 monthly Jan 2011 - Jan 2025
Credit: Outs: CB: Individuals (THB mn) 6,181,675.000 Jan 2025 monthly Jan 2004 - Jan 2025
Credit: Outs: CB: Businesses (THB mn) 6,918,435.000 Jan 2025 monthly Jan 2004 - Jan 2025
Deposit: Outs: CB: Individuals (THB mn) 9,063,917.000 Jan 2025 monthly Oct 2003 - Jan 2025
Deposit: Outs: CB: Businesses (THB mn) 5,531,867.000 Jan 2025 monthly Oct 2003 - Jan 2025
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 0.2 Feb 2025 monthly Feb 2000 - Feb 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) 53.100 Jan 2025 monthly Jan 2013 - Jan 2025

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