Thailand Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Thailand's inflation rate was 0.15% in 2025, ranked 181st globally. This represents a 88.8% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Thailand's inflation rate stood at 0.15% in 2025, a decline of +1.21pp from 2024. The IMF projects 0.15% by 2025. Thailand ranked 181st globally.
Thailand’s inflation rate has slipped to 0.15% in 2025, placing the country 181st in the world according to World Bank data. Over the 65‑year series the index has swung dramatically, from a historic high of 24.31% in 1974 to a deep negative trough of –1.61% in 2022, before stabilising near zero. The current figure matches the low level recorded by Liechtenstein (0.15%) and is only marginally above Switzerland’s 0.14%, underscoring Thailand’s unusually subdued price dynamics relative to most peers. The post‑COVID‑19 environment, combined with tight monetary policy and subdued demand, has anchored inflation close to the zero‑lower bound, limiting both upward and downward pressure. Continued vigilance over global commodity prices and domestic wage growth will be decisive in determining whether the rate remains near‑flat or begins a modest upward drift in the coming years.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 1.75% | - | - |
| 2029* IMF | 1.70% | - | - |
| 2028* IMF | 1.60% | - | - |
| 2027* IMF | 1.15% | - | - |
| 2026* IMF | 0.71% | - | - |
| 2025* IMF | 0.15% | - | - |
| 2025 | 0.15% | −1.21pp | #181 |
| 2024 | 1.37% | +0.14pp | #37 |
| 2023 | 8.48% | +2.40pp | #137 |
| 2022 | -1.61% | −2.84pp | #2 |
| 2021 | 1.23% | +2.08pp | #23 |
| 2020 | -0.85% | −1.55pp | #14 |
| 2019 | 0.71% | −0.36pp | #44 |
| 2018 | 1.06% | +0.40pp | #42 |
| 2017 | 0.67% | +0.48pp | #30 |
| 2016 | 0.19% | +1.09pp | #54 |
| 2015 | -0.90% | −2.80pp | #17 |
| 2014 | 1.90% | −0.29pp | #92 |
| 2013 | 2.18% | −0.82pp | #89 |
| 2012 | 3.01% | −0.80pp | #81 |
| 2011 | 3.81% | +0.51pp | #76 |
Detected Pattern
Analysis
Thailand matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Thailand's inflation rate was 0.15% in 2025. Ranked 181st globally. This represents a 88.8% decrease from the previous year.
Thailand's inflation rate peaked at 24.31% in 1974.
The lowest inflation rate in Thailand was -1.61% in 2022.
Thailand ranks 181st globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Thailand's inflation rate is projected to reach 0.15% by 2025 based on IMF projection.
The inflation rate of Thailand in 2025 was 0.15%. This ranks 181st in the world.
Cite this page
@misc{historysaid_thailand_inflation-rate,
title = {Thailand Inflation Rate},
url = {https://historysaid.com/thailand/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}