Thailand Business Confidence

Business Confidence in Thailand decreased to 49.70 in May from 49.80 in April of 2016. Business Confidence in Thailand averaged 47.78 from 1999 until 2016, reaching an all time high of 55.70 in March of 2010 and a record low of 34.40 in November of 2008. Business Confidence in Thailand is reported by the 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. This page provides the latest reported value for – Thailand Business Confidence – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.