Thailand's inflation trends have been shaped by economic crises and recovery periods. Inflation peaked at 8.0% in 1998 during the Asian financial crisis, followed by a sharp decline to 0.2% in 1999 due to deflationary pressures. The pandemic-induced slowdown led to -0.8% inflation in 2020, but it rose to 6.1% in 2022 amid global supply chain disruptions.
Projections show inflation stabilizing at 2.0% by 2027, supported by steady economic recovery and sound monetary policies.
Projections show inflation stabilizing at 2.0% by 2027, supported by steady economic recovery and sound monetary policies.
For a broader context, visit other statistics on Thailand’s unemployment rate, Thailand’s net fiscal position, Thailand’s industry sector share.
