Thailand's inflation trends have been shaped by economic crises and recovery periods. Inflation peaked at in 1998 during the Asian financial crisis, followed by a sharp decline to in 1999 due to deflationary pressures. The pandemic-induced slowdown led to - inflation in 2020, but it rose to in 2022 amid global supply chain disruptions.
Projections show inflation stabilizing at by 2027, supported by steady economic recovery and sound monetary policies.
Projections show inflation stabilizing at 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.
