Thailand Business Confidence

Last Release

Nov 30, 2025

Actual

Units In

Points

48.7

Frequency

Monthly

Next Release

Jan 02, 2026

Time to Release

29 Days 5 Hours

Highest	Lowest	Average	Date Range	Source
55.7 Mar 2010	32.6 Apr 2020	47.99 Points	1999-2025	Bank of Thailand

In Thailand, the Business Sentiment Index (BSI) measures the expectations of entrepreneurs regarding current business performance, orders, employment, production, costs and investment. The survey covers a sample of around 1500 entrepreneurs. The questionnaires are sent out during the last week of the previous month and are compiled by the third week of that given month. For each of the variables measured, the proportion of positive, negative and neutral answers is computed, and the final index is reported as a sum of the positive proportions with half of the neutral proportion. The BEI above 50 indicates that business sentiment has improved and below 50 that has worsened.

Latest Updates

Thailand’s business confidence indicator turned neutral at 50 in November?2025, from 48.7 in the previous month. The latest reading ended seven consecutive months of pessimism, with sentiment strengthening in performance (51.4 vs 51.2), production (51.6 vs 50.2), employment (50 vs 49.6), investment (52 vs 51.8), and overall order books (50 vs 47.7). By sector, the non-manufacturing index strengthened sharply, led by the hotel and restaurant industry and the retail sector. Meanwhile, the manufacturing index remained stable, as the food industry performed well, mainly aided by the Half-Half Plus scheme and supply disruptions caused by flooding in various regions. However, confidence in the automotive industry declined, driven by weaker production and performance sub-indices. Looking ahead, the three-month forward-looking business sentiment index rose to 53.4 in November from 52.5 in October, reaching its highest level since February?2024.