Thailand Economy

Thailand’s gdp growth annual decreased to -6.4 by -47.11% on July 2020 from -12.1 in the previous Quarterly. On a year on year basis Thailand’s gdp growth annual decreased by -242.22%. Thailand’s gdp growth annual trend is down since the current value of -6.4 is lower than the 12 month moving average of 0.791667.Thailand’s inflation cpi decreased to -0.41 by -18.0% on November 2020 from -0.5 in the previous Monthly. On a year on year basis Thailand’s inflation cpi decreased by -295.24%. Thailand’s inflation cpi trend is down since the current value of -0.41 is lower than the 12 month moving average of -0.7475.Thailand’s unemployment rate decreased to 2.0 by -4.31% on November 2020 from 2.09 in the previous Monthly. On a year on year basis Thailand’s unemployment rate increased by 100.0%. Thailand’s unemployment rate trend is down since the current value of 2.0 is lower than the 12 month moving average of 1.42333.

Thailand Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
SET Index SET 1540.88 0.5 0.5 0.76889 54.6977 -1.84 -3.22 -1.74 -0.07315
Thailand ETF THD 73.95 1 0.75 1.43327 64.3553 -2.2 -6.66 -6.57 -0.06391
Thailand baht US Dollar (THB/USD) THBUSD 32.82 -1 -1 -1.82016 42.3698 0.64 3.11 4.66 -0.01056
Thailand 5-Year Bond Yield TH.5Y 0.66 -1 -1 -1.85353 19.8502 6.45 0 -17.5 -0.61922
Thailand 2-year bond yield TH.2Y 0.5 -1 -1 -1.72014 13.3991 -18.03 -18.03 -3.85 -0.69547
Thailand 12-year bond yield TH.12Y 1.74 -1 -1 -1.45722 28.3984 2.96 -7.45 -6.45 -0.24765
Thailand Yield Curve TH.YC 1.11 0 0.5 0.82246 52.3337 23.33 6.73 -5.93 0.75
Thailand Credit Default Swaps CDS.Thailand 39 -1 -0.75 -0.64964 39.7603 1.96 2.63 -7.14 0.2637

SET Index closed down by -0.00862% to 1449.35 on 23 January 2021 and +0.02354% on a weekly basis. SET Index momentum was last calculated at +0.5/100 indicating positive momentum. SET Index trend is +0.5/100 indicating a positive trend. SET Index momentum exhaustion is 0.76889 indicating SET Index is oversold.Thailand ETF closed up by 0.0362% to 81.0 on 23 January 2021 and +0.05208% on a weekly basis. Thailand ETF momentum was last calculated at +1.0/100 indicating positive momentum. Thailand ETF trend is +0.75/100 indicating a positive trend. Thailand ETF momentum exhaustion is 1.43327 indicating Thailand ETF is oversold.Thailand 10-Year Bond Yield closed up by 0.0% to 1.15 on 23 January 2021 and +-0.02542% on a weekly basis. Thailand 10-Year Bond Yield momentum was last calculated at -1.0/100 indicating negative momentum. Thailand 10-Year Bond Yield trend is -1.0/100 indicating a negative trend. Thailand 10-Year Bond Yield momentum exhaustion is -1.11535 indicating Thailand 10-Year Bond Yield is oversold.Thailand baht US Dollar (THB/USD) closed down by -0.00233% to 29.97 on 23 January 2021 and +-0.00399% on a weekly basis. Thailand baht US Dollar (THB/USD) momentum was last calculated at -1.0/100 indicating negative momentum. Thailand baht US Dollar (THB/USD) trend is -1.0/100 indicating a negative trend. Thailand baht US Dollar (THB/USD) momentum exhaustion is -1.82016 indicating Thailand baht US Dollar (THB/USD) is oversold.Thailand Credit Default Swaps closed up by 0.0% to 34.5 on 23 January 2021 and +-0.04167% on a weekly basis. Thailand Credit Default Swaps momentum was last calculated at -1.0/100 indicating negative momentum. Thailand Credit Default Swaps trend is -0.75/100 indicating a negative trend. Thailand Credit Default Swaps momentum exhaustion is -0.64964 indicating Thailand Credit Default Swaps is oversold.

 

Thailand News

Thailand Economy

Economic Activity Overview Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
gdp growth annual -2.6 -4.2 -0.380952 -1.52 -1.0 -1.0 0.2 2021-01-01
inflation cpi 1.25 2.44 -0.487705 -1.79618 1.0 1.0 0.283333 2021-06-30
unemployment rate 1.5 2 -0.25 0.5 1.0 1.0 0.9 2020-12-31
Business & Consumer Forecast Overview Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
manufacturing pmi 49.5 47.8 0.0355649 0.137931 1.0 1.0 0 2021-06-30
Reserves & Outstanding Debt Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government debt to gdp 50.5 41.1 0.22871 0.325459 1.0 1.0 0 2018-03-28
external debt 186397 190010 -0.0190148 0.220411 1.0 1.0 0.55 2021-01-01
foreign exchange reserves 246529 251784 -0.0208711 -0.00311767 -1.0 -1.0 0.0833333 2021-06-30
gold reserves 197.51 153.96 0.282866 0.282866 1.0 1.0 0.783333 2021-01-01
Trade Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account -2624.04 -1297.63 1.02218 -4.02602 -1.0 -1.0 0.0333333 2021-05-31
current account to gdp 4.2 7 -0.4 13 -1.0 1.0 0 2020-01-31
Monetary Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interest rate 0.5 0.75 -0.333333 -0.714286 -1.0 -1.0 0.0166667 2020-05-20
central bank balance sheet 8959460 8936770 0.00253895 0.0403509 1.0 1.0 0.4 2021-05-31
banks balance sheet 22330300 22156500 0.0078442 0.0298101 1.0 1.0 0.4 2021-05-31
Fiscal Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Government budget -17025 -51902 -0.671978 -0.880987 1.0 1.0 0.316667 2021-04-30
government revenues 162774 176674 -0.078676 0.23238 -1.0 1.0 0.95 2021-05-31
fiscal expenditure 153029 193699 -0.209965 0.0094128 -1.0 1.0 0.516667 2021-05-31

Thailand’s gdp growth annual decreased to -6.4 by -47.11% on July 2020 from -12.1 in the previous Quarterly. On a year on year basis Thailand’s gdp growth annual decreased by -242.22%. Thailand’s gdp growth annual trend is down since the current value of -6.4 is lower than the 12 month moving average of 0.791667.Thailand’s inflation cpi decreased to -0.41 by -18.0% on November 2020 from -0.5 in the previous Monthly. On a year on year basis Thailand’s inflation cpi decreased by -295.24%. Thailand’s inflation cpi trend is down since the current value of -0.41 is lower than the 12 month moving average of -0.7475.Thailand’s unemployment rate decreased to 2.0 by -4.31% on November 2020 from 2.09 in the previous Monthly. On a year on year basis Thailand’s unemployment rate increased by 100.0%. Thailand’s unemployment rate trend is down since the current value of 2.0 is lower than the 12 month moving average of 1.42333.Thailand’s manufacturing pmi decreased to 50.4 by -0.79% on November 2020 from 50.8 in the previous Monthly. On a year on year basis Thailand’s manufacturing pmi increased by 2.23%. Thailand’s manufacturing pmi trend is down since the current value of 50.4 is lower than the 12 month moving average of 47.0667.Thailand’s business confidence icnreased to 47.7 by 5.07% on November 2020 from 45.4 in the previous Monthly. On a year on year basis Thailand’s business confidence increased by 0.63%. Thailand’s business confidence trend is down since the current value of 47.7 is lower than the 12 month moving average of 42.9167.Thailand’s consumer confidence icnreased to 52.4 by 2.95% on November 2020 from 50.9 in the previous Monthly. On a year on year basis Thailand’s consumer confidence decreased by -24.17%. Thailand’s consumer confidence trend is down since the current value of 52.4 is lower than the 12 month moving average of 54.1583.

Thailand Business activity

Business Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
business confidence 46.2 43 0.0744186 0.2 1.0 1.0 0.966667 2021-06-30
manufacturing pmi 49.5 47.8 0.0355649 0.137931 1.0 1.0 0 2021-06-30

Thailand’s business confidence icnreased to 47.7 by 5.07% on November 2020 from 45.4 in the previous Monthly. On a year on year basis Thailand’s business confidence increased by 0.63%. Thailand’s business confidence trend is down since the current value of 47.7 is lower than the 12 month moving average of 42.9167.Thailand’s manufacturing pmi decreased to 50.4 by -0.79% on November 2020 from 50.8 in the previous Monthly. On a year on year basis Thailand’s manufacturing pmi increased by 2.23%. Thailand’s manufacturing pmi trend is down since the current value of 50.4 is lower than the 12 month moving average of 47.0667.

Thailand Consumer activity

Consumer Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
total vehicle sales 55942 58132 -0.0376729 0.384086 -1.0 1.0 0.983333 2021-05-31
consumer confidence 43.1 44.7 -0.0357942 -0.123984 -1.0 -1.0 0.3 2021-06-30
car registrations 28584 47028 -0.392192 0.171283 -1.0 1.0 0.833333 2021-06-30

Thailand’s total vehicle sales icnreased to 79177.0 by 6.83% on November 2020 from 74114.0 in the previous Monthly. On a year on year basis Thailand’s total vehicle sales decreased by -0.15%. Thailand’s total vehicle sales trend is down since the current value of 79177.0 is lower than the 12 month moving average of 64735.9.Thailand’s consumer confidence icnreased to 52.4 by 2.95% on November 2020 from 50.9 in the previous Monthly. On a year on year basis Thailand’s consumer confidence decreased by -24.17%. Thailand’s consumer confidence trend is down since the current value of 52.4 is lower than the 12 month moving average of 54.1583.Thailand’s car registrations icnreased to 30540.0 by 3.07% on November 2020 from 29630.0 in the previous Monthly. On a year on year basis Thailand’s car registrations decreased by -0.97%. Thailand’s car registrations trend is down since the current value of 30540.0 is lower than the 12 month moving average of 30225.2.

Thailand Manufacturing activity

Manufacturing Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
manufacturing pmi 49.5 47.8 0.0355649 0.137931 1.0 1.0 0 2021-06-30
industrial production 25.84 18.46 0.399783 -2.08571 1.0 1.0 0.25 2021-05-31
industrial production mom -0.1 1.7 -1.05882 -1.2 -1.0 -1.0 0.458333 2021-01-31
capacity utilization 65.16 64.8 0.00555556 0.247951 1.0 1.0 1 2021-05-31

Thailand’s manufacturing pmi decreased to 50.4 by -0.79% on November 2020 from 50.8 in the previous Monthly. On a year on year basis Thailand’s manufacturing pmi increased by 2.23%. Thailand’s manufacturing pmi trend is down since the current value of 50.4 is lower than the 12 month moving average of 47.0667.Thailand’s industrial production decreased to 0.35 by -183.33% on November 2020 from -0.42 in the previous Monthly. On a year on year basis Thailand’s industrial production decreased by -104.36%. Thailand’s industrial production trend is down since the current value of 0.35 is lower than the 12 month moving average of -8.97417.Thailand’s industrial production mom decreased to 3.3 by -47.62% on August 2020 from 6.3 in the previous Monthly. On a year on year basis Thailand’s industrial production mom decreased by -1200.0%. Thailand’s industrial production mom trend is down since the current value of 3.3 is lower than the 12 month moving average of -0.825.Thailand’s capacity utilization icnreased to 64.5987 by 0.63% on November 2020 from 64.1965 in the previous Monthly. On a year on year basis Thailand’s capacity utilization increased by 2.51%. Thailand’s capacity utilization trend is down since the current value of 64.5987 is lower than the 12 month moving average of 61.1164.

Thailand Retail Sector

Retail Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
retail sales 31.5 15.8 0.993671 -3.69231 1.0 1.0 0.116667 2021-04-30

Thailand’s retail sales decreased to -5.7 by -53.28% on August 2020 from -12.2 in the previous Monthly. On a year on year basis Thailand’s retail sales increased by 72.73%. Thailand’s retail sales trend is down since the current value of -5.7 is lower than the 12 month moving average of -10.0417.

Thailand Construction Sector

Thailand’s housing starts decreased to 8469.0 by -27.13% on October 2020 from 11622.0 in the previous Monthly. On a year on year basis Thailand’s housing starts decreased by -30.84%. Thailand’s housing starts trend is down since the current value of 8469.0 is lower than the 12 month moving average of 8440.17.Thailand’s housing index icnreased to 151.0 by 0.73% on November 2020 from 149.9 in the previous Monthly. On a year on year basis Thailand’s housing index increased by 3.64%. Thailand’s housing index trend is down since the current value of 151.0 is lower than the 12 month moving average of 150.242.

Construction Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
housing starts 4332 10514 -0.587978 0.331285 -1.0 1.0 0.833333 2021-04-30
housing index 152.4 152.2 0.00131406 0.00461437 1.0 1.0 0.166667 2021-05-31

Thailand GDP

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Real GDP 2567670 2447030 0.0493006 -0.00516852 -1.0 -1.0 0.0333333 2020-07-01
gdp growth annual -2.6 -4.2 -0.380952 -1.52 -1.0 -1.0 0.2 2021-01-01
gdp 501.79 544.26 -0.0780326 0.722115 1.0 1.0 0 2020-01-31
gdp growth 0.2 1.3 -0.846154 -0.9 1.0 -1.0 0.35 2021-01-01

Thailand’s Real GDP icnreased to 2613810.0 by 6.82% on July 2020 from 2447030.0 in the previous Quarterly. On a year on year basis Thailand’s Real GDP increased by 1.27%. Thailand’s Real GDP trend is down since the current value of 2613810.0 is lower than the 12 month moving average of 2668130.0.Thailand’s gdp growth annual decreased to -6.4 by -47.11% on July 2020 from -12.1 in the previous Quarterly. On a year on year basis Thailand’s gdp growth annual decreased by -242.22%. Thailand’s gdp growth annual trend is down since the current value of -6.4 is lower than the 12 month moving average of 0.791667.Thailand’s gdp icnreased to 543.65 by 7.33% on January 2019 from 506.51 in the previous Yearly. On a year on year basis Thailand’s gdp increased by 106.76%. Thailand’s gdp trend is down since the current value of 543.65 is lower than the 12 month moving average of 402.619.Thailand’s gdp growth decreased to 6.5 by -165.66% on October 2020 from -9.9 in the previous Quarterly. On a year on year basis Thailand’s gdp growth increased by 400.0%. Thailand’s gdp growth trend is down since the current value of 6.5 is lower than the 12 month moving average of 0.025.

Thailand inflation

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
inflation cpi 1.25 2.44 -0.487705 -1.79618 1.0 1.0 0.283333 2021-06-30
core inflation rate 0.52 0.49 0.0612245 -11.4 1.0 1.0 0.0166667 2021-06-30
consumer price index cpi 98.88 99.79 -0.00911915 -0.0371957 -1.0 -1.0 0.0166667 2021-02-28
Producer Price Index 102.1 101.6 0.00492126 0.0547521 1.0 1.0 0.983333 2021-06-30

Thailand’s inflation cpi decreased to -0.41 by -18.0% on November 2020 from -0.5 in the previous Monthly. On a year on year basis Thailand’s inflation cpi decreased by -295.24%. Thailand’s inflation cpi trend is down since the current value of -0.41 is lower than the 12 month moving average of -0.7475.Thailand’s core inflation rate decreased to 0.18 by -5.26% on November 2020 from 0.19 in the previous Monthly. On a year on year basis Thailand’s core inflation rate decreased by -61.7%. Thailand’s core inflation rate trend is down since the current value of 0.18 is lower than the 12 month moving average of 0.313333.Thailand’s consumer price index cpi decreased to 102.19 by -0.04% on November 2020 from 102.23 in the previous Monthly. On a year on year basis Thailand’s consumer price index cpi decreased by -0.4%. Thailand’s consumer price index cpi trend is down since the current value of 102.19 is lower than the 12 month moving average of 101.802.Thailand’s Producer Price Index decreased to 99.5 by -0.5% on September 2020 from 100.0 in the previous Monthly. On a year on year basis Thailand’s Producer Price Index decreased by -1.78%. Thailand’s Producer Price Index trend is down since the current value of 99.5 is lower than the 12 month moving average of 99.925.

Thailand Government Policy

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government budget -6.1 -1.8 2.38889 19.3333 -1.0 -1.0 0 2020-01-31
Government budget -17025 -51902 -0.671978 -0.880987 1.0 1.0 0.316667 2021-04-30
government revenues 162774 176674 -0.078676 0.23238 -1.0 1.0 0.95 2021-05-31
fiscal expenditure 153029 193699 -0.209965 0.0094128 -1.0 1.0 0.516667 2021-05-31

Thailand’s Government budget decreased to 13238.0 by -61.39% on August 2020 from 34284.0 in the previous Monthly. On a year on year basis Thailand’s Government budget decreased by -68.95%. Thailand’s Government budget trend is down since the current value of 13238.0 is lower than the 12 month moving average of -23185.8.Thailand’s government revenues decreased to 157966.0 by -34.31% on November 2020 from 240489.0 in the previous Monthly. On a year on year basis Thailand’s government revenues decreased by -8.85%. Thailand’s government revenues trend is down since the current value of 157966.0 is lower than the 12 month moving average of 191442.0.Thailand’s fiscal expenditure decreased to 292618.0 by -8.86% on November 2020 from 321067.0 in the previous Monthly. On a year on year basis Thailand’s fiscal expenditure increased by 88.34%. Thailand’s fiscal expenditure trend is down since the current value of 292618.0 is lower than the 12 month moving average of 224944.0.

Thailand Monetary Policy

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interest rate 0.5 0.75 -0.333333 -0.714286 -1.0 -1.0 0.0166667 2020-05-20
central bank balance sheet 8959460 8936770 0.00253895 0.0403509 1.0 1.0 0.4 2021-05-31
banks balance sheet 22330300 22156500 0.0078442 0.0298101 1.0 1.0 0.4 2021-05-31
money supply m0 1867380 1863270 0.0022058 0.0741514 1.0 1.0 0.483333 2021-05-31
money supply m1 2657.8 2617 0.0155904 0.0811097 1.0 1.0 0.683333 2021-05-31
money supply m3 23278.8 23233.7 0.00194115 0.0350596 1.0 1.0 0.0666667 2021-05-31

Thailand’s interest rate decreased to 0.5 by -33.33% on May 2020 from 0.75 in the previous Daily. On a year on year basis Thailand’s interest rate decreased by -71.43%. Thailand’s interest rate trend is down since the current value of 0.5 is lower than the 12 month moving average of 1.41667.Thailand’s central bank balance sheet decreased to 8733770.0 by -1.51% on November 2020 from 8867950.0 in the previous Monthly. On a year on year basis Thailand’s central bank balance sheet increased by 14.83%. Thailand’s central bank balance sheet trend is down since the current value of 8733770.0 is lower than the 12 month moving average of 8516670.0.Thailand’s banks balance sheet decreased to 21278200.0 by -0.25% on October 2020 from 21330700.0 in the previous Monthly. On a year on year basis Thailand’s banks balance sheet increased by 7.31%. Thailand’s banks balance sheet trend is down since the current value of 21278200.0 is lower than the 12 month moving average of 20781000.0.

Thailand Employment

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
unemployment rate 1.5 2 -0.25 0.5 1.0 1.0 0.9 2020-12-31
youth unemployment rate 8 9.8 -0.183673 0.19403 1.0 1.0 0 2020-08-31

Thailand’s unemployment rate decreased to 2.0 by -4.31% on November 2020 from 2.09 in the previous Monthly. On a year on year basis Thailand’s unemployment rate increased by 100.0%. Thailand’s unemployment rate trend is down since the current value of 2.0 is lower than the 12 month moving average of 1.42333.Thailand’s youth unemployment rate decreased to 8.0 by -18.37% on August 2020 from 9.8 in the previous Monthly. On a year on year basis Thailand’s youth unemployment rate increased by 19.4%. Thailand’s youth unemployment rate trend is down since the current value of 8.0 is lower than the 12 month moving average of 6.15.

Thailand Trade & Capital Flows

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account -2624.04 -1297.63 1.02218 -4.02602 -1.0 -1.0 0.0333333 2021-05-31
current account to gdp 4.2 7 -0.4 13 -1.0 1.0 0 2020-01-31
exports 23057.9 21429.3 0.0759987 0.415924 1.0 1.0 1 2021-05-31
imports 22262 21246.8 0.0477813 0.480048 1.0 1.0 1 2021-05-31
balance of trade 795.95 180 3.42194 -0.703852 -1.0 -1.0 0.366667 2021-05-31
foreign direct investment -16240.5 -1422.08 10.4202 16.2709 -1.0 -1.0 1 2020-07-31

Thailand’s current account decreased to 984.95 by -25.05% on October 2020 from 1314.09 in the previous Monthly. On a year on year basis Thailand’s current account decreased by -65.47%. Thailand’s current account trend is down since the current value of 984.95 is lower than the 12 month moving average of 2174.22.Thailand’s current account to gdp icnreased to 6.8 by 21.43% on January 2019 from 5.6 in the previous Yearly. On a year on year basis Thailand’s current account to gdp increased by 15.25%. Thailand’s current account to gdp trend is down since the current value of 6.8 is lower than the 12 month moving average of 4.425.Thailand’s exports decreased to 18932.7 by -2.29% on November 2020 from 19376.7 in the previous Monthly. On a year on year basis Thailand’s exports decreased by -3.65%. Thailand’s exports trend is down since the current value of 18932.7 is lower than the 12 month moving average of 19207.0.Thailand’s imports icnreased to 18880.1 by 8.94% on November 2020 from 17330.2 in the previous Monthly. On a year on year basis Thailand’s imports decreased by -0.99%. Thailand’s imports trend is down since the current value of 18880.1 is lower than the 12 month moving average of 17373.7.Thailand’s balance of trade decreased to 50.0 by -97.56% on November 2020 from 2050.0 in the previous Monthly. On a year on year basis Thailand’s balance of trade decreased by -91.38%. Thailand’s balance of trade trend is down since the current value of 50.0 is lower than the 12 month moving average of 1954.07.Thailand’s foreign direct investment icnreased to -16240.5 by 1042.02% on July 2020 from -1422.08 in the previous Monthly. On a year on year basis Thailand’s foreign direct investment increased by 1627.09%. Thailand’s foreign direct investment trend is down since the current value of -16240.5 is lower than the 12 month moving average of 10744.5.

Thailand Reserves

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
foreign exchange reserves 246529 251784 -0.0208711 -0.00311767 -1.0 -1.0 0.0833333 2021-06-30
gold reserves 197.51 153.96 0.282866 0.282866 1.0 1.0 0.783333 2021-01-01

Thailand’s foreign exchange reserves icnreased to 253494.0 by 2.01% on November 2020 from 248511.0 in the previous Monthly. On a year on year basis Thailand’s foreign exchange reserves increased by 13.67%. Thailand’s foreign exchange reserves trend is down since the current value of 253494.0 is lower than the 12 month moving average of 240540.0.Thailand’s gold reserves decreased to 153.96 by -0.03% on July 2020 from 154.0 in the previous Quarterly. On a year on year basis Thailand’s gold reserves increased by 1.02%. Thailand’s gold reserves trend is down since the current value of 153.96 is lower than the 12 month moving average of 153.848.Thailand’s government debt to gdp decreased to 41.1 by -1.67% on February 2018 from 41.8 in the previous Yearly. On a year on year basis Thailand’s government debt to gdp increased by 6.2%. Thailand’s government debt to gdp trend is down since the current value of 41.1 is lower than the 12 month moving average of 42.5.Thailand’s external debt decreased to 171974.0 by -0.05% on May 2020 from 172066.0 in the previous Quarterly. On a year on year basis Thailand’s external debt increased by 15.93%. Thailand’s external debt trend is down since the current value of 171974.0 is lower than the 12 month moving average of 162759.0.

Thailand Debt

Debt Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government debt to gdp 50.5 41.1 0.22871 0.325459 1.0 1.0 0 2018-03-28
external debt 186397 190010 -0.0190148 0.220411 1.0 1.0 0.55 2021-01-01

Thailand’s government debt to gdp decreased to 41.1 by -1.67% on February 2018 from 41.8 in the previous Yearly. On a year on year basis Thailand’s government debt to gdp increased by 6.2%. Thailand’s government debt to gdp trend is down since the current value of 41.1 is lower than the 12 month moving average of 42.5.Thailand’s external debt decreased to 171974.0 by -0.05% on May 2020 from 172066.0 in the previous Quarterly. On a year on year basis Thailand’s external debt increased by 15.93%. Thailand’s external debt trend is down since the current value of 171974.0 is lower than the 12 month moving average of 162759.0.

Thailand Banking activity

Fiscal Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interbank rate 0.62 0.62 0 0 1.0 -1.0 0.508333 2021-06-02
deposit interest rate 0.62 1.4 -0.557143 -0.755906 -1.0 -1.0 0 2020-01-01
bank lending rate 6 6.25 -0.04 -0.142857 -1.0 -1.0 0.0166667 2020-05-31
loans to private sector 4543910 4541470 0.000537271 0.0173199 1.0 1.0 0.116667 2021-05-31

Thailand’s interbank rate On a year on year basis Thailand’s interbank rate decreased by -0.12%. Thailand’s interbank rate trend is down since the current value of 1.623 is lower than the 12 month moving average of 1.62175.Thailand’s deposit interest rate On a year on year basis Thailand’s deposit interest rate decreased by -70.28%. Thailand’s deposit interest rate trend is down since the current value of 1.29 is lower than the 12 month moving average of 1.84583.Thailand’s bank lending rate decreased to 6.0 by -4.0% on May 2020 from 6.25 in the previous Monthly. On a year on year basis Thailand’s bank lending rate decreased by -14.29%. Thailand’s bank lending rate trend is down since the current value of 6.0 is lower than the 12 month moving average of 6.655.Thailand’s loans to private sector decreased to 4423050.0 by -0.23% on October 2020 from 4433180.0 in the previous Monthly. On a year on year basis Thailand’s loans to private sector increased by 6.06%. Thailand’s loans to private sector trend is down since the current value of 4423050.0 is lower than the 12 month moving average of 4316350.0.

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