Thailand Business Confidence
Thailand's business confidence hit 48 points in September 2025, up from 47.5 points in August 2025. This marks a 1.1% month-over-month increase and the highest level in three months. The manufacturing sector's Purchasing Managers' Index (PMI) reached 54.6 in September, the fastest pace since May 2023. This expansion was driven by higher domestic new orders and output. The non-manufacturing sector also improved with hotels and restaurants benefiting from increased European tourist demand. However, new export orders decreased for the second month in a row. Thailand's record low business confidence was 32.6 points in April 2020 and record high was 53.3 points in March 2018.
Monthly Historical Data (2015-2025)
(in points)Recent Events
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Thailand Business Confidence : Definition
The Thailand Business Confidence Index measures Thai business sentiment on current economic conditions and future outlook. The Bank of Thailand calculates it from surveys asking operators about business activity changes. A score above 50 indicates general optimism while a score below 50 suggests pessimism regarding business performance and expectations.