Average inflation measured by CPI fell 161% to -0.428% in Thailand in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Thailand reached an all time high of 24.3% in 1974 and an all time low of -0.900% in 2015. When compared to Thailand's main peers, average inflation measured by CPI in Cambodia amounted to 2.54%, 6.50% in Laos, -1.13% in Malaysia and 6.11% in Myanmar in 2020.
Thailand has been ranked 161st within the group of 172 countries we follow in terms of average inflation measured by CPI, 64 places below the position seen 10 years ago.
Inflation, CPI (Average) | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
Cambodia | % | 2.92% | 5.21% | 3.82% | 3.04% | 3.04% | ||||||||||||||||
China | % | 0.853% | 2.17% | 2.24% | 1.86% | 2.00% | ||||||||||||||||
India | % | 5.51% | 6.89% | 5.14% | 4.36% | 4.13% | ||||||||||||||||
Laos | % | 3.75% | 15.0% | 9.00% | 4.00% | 3.00% | ||||||||||||||||
Malaysia | % | 2.48% | 3.23% | 2.81% | 2.37% | 2.40% | ||||||||||||||||
Myanmar | % | 3.64% | 16.2% | 13.3% | 7.83% | 7.83% | ||||||||||||||||
Singapore | % | 2.31% | 5.54% | 3.00% | 2.01% | 1.48% | ||||||||||||||||
Thailand | % | 1.23% | 6.33% | 2.82% | 1.45% | 2.30% | ||||||||||||||||
Vietnam | % | 1.83% | 3.76% | 3.92% | 3.50% | 3.50% |