Population, Total for Thailand

POPTOTTHA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

71,668,011.00

Year-over-Year Change

3.21%

Date Range

1/1/1960 - 1/1/2024

Summary

The 'Population, Total for Thailand' trend measures the total population of Thailand over time. It is a key economic indicator used by policymakers and researchers to analyze demographic and labor force trends.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This metric tracks the total population of Thailand, including citizens and non-citizens, and is an important indicator of the size and growth of the Thai economy and labor market. It is used to assess economic development, resource allocation, and policy decisions.

Methodology

The data is collected and reported annually by the World Bank based on official population statistics from the Thai government.

Historical Context

Policymakers and economists closely monitor Thailand's population trends to inform economic, social, and infrastructure planning.

Key Facts

  • Thailand's population reached 69.8 million in 2021.
  • Population growth rate in Thailand was 0.24% in 2021.
  • Thailand has an aging population with 13.5% aged 65+ in 2021.

FAQs

Q: What does this economic trend measure?

A: The 'Population, Total for Thailand' metric tracks the total population of Thailand over time, including citizens and non-citizens.

Q: Why is this trend relevant for users or analysts?

A: This population data is a key indicator used by policymakers and researchers to analyze demographic and labor force trends in the Thai economy.

Q: How is this data collected or calculated?

A: The data is collected and reported annually by the World Bank based on official population statistics from the Thai government.

Q: How is this trend used in economic policy?

A: Policymakers and economists closely monitor Thailand's population trends to inform economic, social, and infrastructure planning.

Q: Are there update delays or limitations?

A: The data is reported annually with a short delay, typically 1-2 years, due to the time required for collection and reporting.

Related Trends

Citation

U.S. Federal Reserve, Population, Total for Thailand (POPTOTTHA647NWDB), retrieved from FRED.