Thailand Inflation Rate 1960-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Thailand inflation rate for 2023 was 1.23%, a 4.85% decline from 2022.
- Thailand inflation rate for 2022 was 6.08%, a 4.85% increase from 2021.
- Thailand inflation rate for 2021 was 1.23%, a 2.08% increase from 2020.
- Thailand inflation rate for 2020 was -0.85%, a 1.55% decline from 2019.
Thailand Inflation Rate - Historical Data |
Year |
Inflation Rate (%) |
Annual Change |
2023 |
1.23% |
-4.85% |
2022 |
6.08% |
4.85% |
2021 |
1.23% |
2.08% |
2020 |
-0.85% |
-1.55% |
2019 |
0.71% |
-0.36% |
2018 |
1.06% |
0.40% |
2017 |
0.67% |
0.48% |
2016 |
0.19% |
1.09% |
2015 |
-0.90% |
-2.80% |
2014 |
1.90% |
-0.29% |
2013 |
2.18% |
-0.83% |
2012 |
3.01% |
-0.79% |
2011 |
3.81% |
0.56% |
2010 |
3.25% |
4.09% |
2009 |
-0.85% |
-6.31% |
2008 |
5.47% |
3.23% |
2007 |
2.24% |
-2.40% |
2006 |
4.64% |
0.10% |
2005 |
4.54% |
1.78% |
2004 |
2.76% |
0.95% |
2003 |
1.80% |
1.11% |
2002 |
0.70% |
-0.93% |
2001 |
1.63% |
0.03% |
2000 |
1.59% |
1.31% |
1999 |
0.28% |
-7.71% |
1998 |
7.99% |
2.37% |
1997 |
5.63% |
-0.18% |
1996 |
5.81% |
-0.01% |
1995 |
5.82% |
0.77% |
1994 |
5.05% |
1.74% |
1993 |
3.31% |
-0.83% |
1992 |
4.14% |
-1.57% |
1991 |
5.71% |
-0.15% |
1990 |
5.86% |
0.51% |
1989 |
5.36% |
1.49% |
1988 |
3.86% |
1.40% |
1987 |
2.47% |
0.62% |
1986 |
1.84% |
-0.59% |
1985 |
2.43% |
1.57% |
1984 |
0.86% |
-2.86% |
1983 |
3.73% |
-1.53% |
1982 |
5.26% |
-7.40% |
1981 |
12.66% |
-7.04% |
1980 |
19.70% |
9.81% |
1979 |
9.90% |
1.97% |
1978 |
7.92% |
0.32% |
1977 |
7.60% |
3.45% |
1976 |
4.15% |
-1.18% |
1975 |
5.33% |
-18.98% |
1974 |
24.31% |
8.80% |
1973 |
15.51% |
10.67% |
1972 |
4.84% |
4.35% |
1971 |
0.48% |
0.57% |
1970 |
-0.09% |
-2.54% |
1969 |
2.45% |
0.66% |
1968 |
1.79% |
-2.52% |
1967 |
4.31% |
0.27% |
1966 |
4.04% |
3.87% |
1965 |
0.17% |
0.96% |
1964 |
-0.79% |
-0.79% |
1963 |
0.00% |
-3.70% |
1962 |
3.70% |
-3.69% |
1961 |
7.39% |
8.15% |
1960 |
-0.77% |
8.15% |