The University of the Thai Chamber of Commerce’s consumer confidence index increased to 57.9 in December 2024, up from 56.9 in the previous month. This marked the third consecutive period of improvement and the highest reading since June, mainly supported by the series of government economic measures and a surge in tourism. In 2024, the country registered 35.55 million foreign tourist arrivals, surging 26.27% YoY, surpassing 2024 arrivals targets, tourism ministry data showed. The latest reading was also in line with the improvement in Thailand’s GDP, growing 3% annually in Q3, the strongest economic growth in two years, driven by faster rises in government spending and a rebound in fixed investment. The economy is expected to grow by 2.7% in 2024 and by 2.9% in 2025. Meanwhile, inflation rose to 1.23% in December, within the central bank’s 1%-3% target range for the first time in seven months, due to higher fuel prices. source: University of the Thai Chamber of Commerce

Consumer Confidence in Thailand increased to 57.90 points in December from 56.90 points in November of 2024. Consumer Confidence in Thailand averaged 73.96 points from 1998 until 2024, reaching an all time high of 112.40 points in December of 2003 and a record low of 39.60 points in August of 2021. This page provides - Thailand Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.

Consumer Confidence in Thailand increased to 57.90 points in December from 56.90 points in November of 2024. Consumer Confidence in Thailand is expected to be 58.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Consumer Confidence is projected to trend around 59.00 points in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-12-12 05:00 AM
Consumer Confidence
Nov 56.9 56.0 56.4
2025-01-14 04:15 AM
Consumer Confidence
Dec 57.9 56.9 58
2025-02-13 04:30 AM
Consumer Confidence
Jan 57.9


Related Last Previous Unit Reference
Bank Lending Rate 7.00 7.00 percent Nov 2024
Consumer Confidence 57.90 56.90 points Dec 2024
Consumer Credit 5367854.00 5408851.00 THB Million Sep 2024
Consumer Spending 1692481.00 1699985.00 THB Million Sep 2024
Gasoline Prices 1.05 1.05 USD/Liter Dec 2024
Households Debt to GDP 89.00 89.80 percent of GDP Sep 2024
Personal Savings 2.00 10.40 percent Dec 2022
Private Consumption MoM -0.40 0.80 percent Nov 2024
Retail Sales YoY 20.80 20.50 percent Oct 2024

Thailand Consumer Confidence
In Thailand, the Consumer Confidence Index (CCI) measures consumer’s outlook about current and future economic conditions, job prospects and income expectations. The index is based on a survey of around 2440 households. An index above 100 indicates an improving outlook and below 100 a deteriorating outlook.
Actual Previous Highest Lowest Dates Unit Frequency
57.90 56.90 112.40 39.60 1998 - 2024 points Monthly


News Stream
Thailand Consumer Mood Rises to 6-Month High
The University of the Thai Chamber of Commerce’s consumer confidence index increased to 57.9 in December 2024, up from 56.9 in the previous month. This marked the third consecutive period of improvement and the highest reading since June, mainly supported by the series of government economic measures and a surge in tourism. In 2024, the country registered 35.55 million foreign tourist arrivals, surging 26.27% YoY, surpassing 2024 arrivals targets, tourism ministry data showed. The latest reading was also in line with the improvement in Thailand’s GDP, growing 3% annually in Q3, the strongest economic growth in two years, driven by faster rises in government spending and a rebound in fixed investment. The economy is expected to grow by 2.7% in 2024 and by 2.9% in 2025. Meanwhile, inflation rose to 1.23% in December, within the central bank’s 1%-3% target range for the first time in seven months, due to higher fuel prices.
2025-01-14
Thailand Consumer Morale Rises to 4-Month High
The University of the Thai Chamber of Commerce’s consumer confidence index rose to 56.9 in November 2024, up from 56 in the previous month. This marked the second consecutive period of improvement and the highest reading in four months, supported by government economic initiatives and a boost in tourism. The latest reading was also in line with the improvement in Thailand’s GDP, expanding 3% annually in Q3, the strongest economic growth in two years, and above market forecasts of 2.6%. However, private consumption, the largest contributor to the economy, weakened further due to high household debt and tight lending rules. Meanwhile, inflation climbed to 0.95% in November, below the 1.12% forecast and outside the central bank’s 1%-3% target range.
2024-12-12
Thailand Consumer Sentiment Improves in October
The University of the Thai Chamber of Commerce’s consumer confidence index rose to 56 in October 2024, from a near 1½-year low of 55.3 in the previous month. The uptick was mainly driven by government economic measures, an interest rate cut and improved economic conditions. Thailand's GDP grew by 2.3% year-on-year in the second quarter of 2024, above forecasts of 2.1% but private consumption, which contributes around 55% of the nation's economy, notably eased in the face of elevated cost pressure. Meanwhile, core consumer prices remained unchanged at 0.77%, staying at their highest level since August 2023.
2024-11-14