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Inflation, CPI (Average) in Thailand

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020)
Last Updated: Feb 8, 2021

Average inflation measured by CPI reached 0.706 % in 2019 in Thailand, according to the National Statistical Office. This is 33.6 % less than in the previous year.

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 2.01 %, 3.32 % in Laos, 0.663 % in Malaysia and 8.63 % in Myanmar in 2019.

Thailand has been ranked 139th within the group of 175 countries we follow in terms of average inflation measured by CPI, 25 places above the position seen 10 years ago.

Inflation as measured by the consumer price index (CPI) 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.


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