Thailand Inflation Rate 1960-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Thailand inflation rate for 2022 was 6.08%, a 4.85% increase from 2021.
  • Thailand inflation rate for 2021 was 1.23%, a 2.08% increase from 2020.
  • Thailand inflation rate for 2020 was -0.85%, a 1.55% decline from 2019.
  • Thailand inflation rate for 2019 was 0.71%, a 0.36% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Turkey 72.31%
Suriname 52.45%
Bulgaria 15.33%
Belarus 15.21%
North Macedonia 14.20%
Bosnia 14.02%
Azerbaijan 13.85%
Romania 13.80%
Montenegro 13.04%
Serbia 11.98%
Botswana 11.67%
Tonga 10.97%
Samoa 10.96%
Mauritius 10.77%
Jamaica 10.35%
Colombia 10.18%
Paraguay 9.77%
Brazil 9.28%
Algeria 9.27%
Dominican Republic 8.81%
Armenia 8.64%
Peru 8.33%
Costa Rica 8.27%
Mexico 7.90%
South Africa 7.04%
Guatemala 6.89%
Albania 6.73%
St. Lucia 6.38%
Namibia 6.08%
Thailand 6.08%
St. Vincent and the Grenadines 5.66%
Iraq 4.99%
Equatorial Guinea 4.79%
Fiji 4.52%
Gabon 4.23%
Jordan 4.23%
Ecuador 3.47%
Malaysia 3.38%
Maldives 2.33%
China 1.97%
Thailand Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 6.08% 4.85%
2021 1.23% 2.08%
2020 -0.85% -1.55%
2019 0.71% -0.36%
2018 1.06% 0.40%
2017 0.67% 0.48%
2016 0.19% 1.09%
2015 -0.90% -2.80%
2014 1.90% -0.29%
2013 2.18% -0.83%
2012 3.01% -0.79%
2011 3.81% 0.56%
2010 3.25% 4.09%
2009 -0.85% -6.31%
2008 5.47% 3.23%
2007 2.24% -2.40%
2006 4.64% 0.10%
2005 4.54% 1.78%
2004 2.76% 0.95%
2003 1.80% 1.11%
2002 0.70% -0.93%
2001 1.63% 0.03%
2000 1.59% 1.31%
1999 0.28% -7.71%
1998 7.99% 2.37%
1997 5.63% -0.18%
1996 5.81% -0.01%
1995 5.82% 0.77%
1994 5.05% 1.74%
1993 3.31% -0.83%
1992 4.14% -1.57%
1991 5.71% -0.15%
1990 5.86% 0.51%
1989 5.36% 1.49%
1988 3.86% 1.40%
1987 2.47% 0.62%
1986 1.84% -0.59%
1985 2.43% 1.57%
1984 0.86% -2.86%
1983 3.73% -1.53%
1982 5.26% -7.40%
1981 12.66% -7.04%
1980 19.70% 9.81%
1979 9.90% 1.97%
1978 7.92% 0.32%
1977 7.60% 3.45%
1976 4.15% -1.18%
1975 5.33% -18.98%
1974 24.31% 8.80%
1973 15.51% 10.67%
1972 4.84% 4.35%
1971 0.48% 0.57%
1970 -0.09% -2.54%
1969 2.45% 0.66%
1968 1.79% -2.52%
1967 4.31% 0.27%
1966 4.04% 3.87%
1965 0.17% 0.96%
1964 -0.79% -4.49%
1962 3.70% -3.69%
1961 7.39% 8.15%
1960 -0.77% 8.15%