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Thailand Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

Thailand's unemployment rate was 0.78% in 2025, ranked 4th globally. This represents a 21.9% decrease from 2024. Data from World Bank, covering 1990–2025.

0.78% −0.22pp (-21.9%)
Year 2025 Rank #4 Global Peak 3.40% (1998) Source World Bank

Thailand Unemployment Rate (1990–2025)

Overview

Thailand's unemployment rate stood at 0.78% in 2025, a decline of +0.22pp from 2024. The IMF projects 1.00% by 2025. Thailand ranked 4th globally.

Thailand’s unemployment rate has fallen dramatically over the 36‑year series, declining from 2.20 % in 1990 to a historic low of 0.25 % in 2013 and reaching 0.78 % in 2025, the fourth‑lowest level among World Bank‑reported economies. The all‑time peak of 3.40 % in 1998 coincided with the Asian financial crisis, after which labor market adjustments and robust export‑driven growth pushed the rate steadily downward. By contrast, peer economies such as Cambodia (0.26 % in 2025) and Burundi (0.92 % in 2025) illustrate the regional variation in labor market tightness, with Thailand’s figure remaining modestly higher than Cambodia’s but well below Burundi’s. The sustained decline reflects structural reforms, a youthful workforce, and expanding services, yet the modest rise from the 2013 trough suggests that future shifts in global demand, demographic ageing, or policy changes could alter the trajectory, potentially moderating the low‑unemployment environment.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 1.00% - -
2029* IMF 1.00% - -
2028* IMF 1.00% - -
2027* IMF 1.00% - -
2026* IMF 1.00% - -
2025* IMF 1.00% - -
2025 0.78% −0.22pp #4
2024 0.78% −0.22pp #4
2023 0.73% −0.57pp #4
2022 0.94% −0.96pp #6
2021 1.22% −0.49pp #7
2020 1.10% +0.10pp #6
2019 0.72% −0.38pp #5
2018 0.77% −0.44pp #5
2017 0.83% −0.17pp #5
2016 0.69% −0.21pp #3
2015 0.60% −0.20pp #4
2014 0.58% −0.12pp #3
2013 0.25% −0.45pp #1
2012 0.58% −0.12pp #3
2011 0.66% −0.34pp #4
Show all years (1990-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.9% GDP growth 4.2% C/A balance 9.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Thailand matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Thailand's unemployment rate?▾

Thailand's unemployment rate was 0.78% in 2025. Ranked 4th globally. This represents a 21.9% decrease from the previous year.

What was the highest unemployment rate in Thailand?▾

Thailand's unemployment rate peaked at 3.40% in 1998.

What was the lowest unemployment rate in Thailand?▾

The lowest unemployment rate in Thailand was 0.25% in 2013.

How does Thailand rank in unemployment rate?▾

Thailand ranks 4th globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?▾

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Thailand in 2025?▾

Thailand's unemployment rate is projected to reach 1.00% by 2025 based on IMF projection.

What is the unemployment rate of Thailand in 2025?▾

The unemployment rate of Thailand in 2025 was 0.78%. This ranks 4th in the world.

Cite this page

APA
Thailand Unemployment Rate. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/thailand/unemployment-rate/
BibTeX
@misc{historysaid_thailand_unemployment-rate, title = {Thailand Unemployment Rate}, url = {https://historysaid.com/thailand/unemployment-rate/}, publisher = {HistorySaid}, year = {2026} }
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