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East Asia & Pacific

Thailand Inflation

Annual percentage change in consumer prices (CPI).

Latest Value

1.4%

As of 2024

YoY Change

-83.9%

2023 → 2024

Record High

24.3%

Recorded in 1974

Record Low

-1.6%

Recorded in 2022

10-Year Average

1.0%

2015–2024

Data Range

1960–2024

64 data points

Source

World Bank

Code: FP.CPI.TOTL.ZG

Historical Trend

19602024

Analysis

Thailand's inflation rate of 1.37% in 2024 indicates a relatively stable economic environment. This low inflation rate suggests that the country's monetary policy is effective in controlling price increases. The inflation performance is also influenced by global economic trends and domestic demand.

Historical Data

ValueYoY ChangeChange %
20241.4%7.1%-83.9%
20238.5%10.1%+626.4%
2022-1.6%2.8%-230.9%
20211.2%2.1%+245.4%
2020-0.8%1.6%-219.7%
20190.7%0.4%-33.6%
20181.1%0.4%+59.8%
20170.7%0.5%+253.8%
20160.2%1.1%+120.9%
2015-0.9%2.8%-147.5%

Source: World Bank Open Data · 1960–2024