Economy, jobs and prices in Krabi, Thailand: official figures
The gross provincial product (GPP) of Krabi was 95.0 billion baht in 2024 (provisional, current prices), 0.51% of Thailand's 18.68 trillion baht; 35th highest of 77 provinces by size of economy.
What is the GDP per capita of Krabi?
Economic output per person in Krabi was 217,715 baht in 2024 (GPP divided by population, current prices), 20th highest of 77 provinces; the figure for Thailand as a whole was 266,103 baht.
Source: Office of the National Economic and Social Development Council · saved copyHow fast is the economy of Krabi growing?
After allowing for price changes, the economy of Krabi grew by 9.9% in 2024 (chain volume measures), ranking 4th fastest of 77 provinces for growth (Thailand: 2.9%).
Source: Office of the National Economic and Social Development Council · saved copyHow much has income per person grown in Krabi?
Output per person in Krabi rose 10% between 2019 and 2024, from 198,145 to 217,715 baht (current prices, so partly inflation); across Thailand it rose 9%.
Source: Office of the National Economic and Social Development Council · saved copyWhat are the main industries in Krabi?
In Krabi, agriculture, forestry and fishing made up 33.5% of GPP in 2024, industry (mining, manufacturing, power and water) 7.1% and services (including construction) 59.4%. For Thailand as a whole the shares were 8.9%, 29.4% and 61.7%.
Source: Office of the National Economic and Social Development Council · saved copyWhat does Krabi make its money from?
The three biggest sectors of the Krabi economy in 2024 were agriculture, forestry and fishing (33.5% of GPP), hotels and restaurants (20.0%) and wholesale and retail trade (9.7%).
Source: Office of the National Economic and Social Development Council · saved copyHow important is manufacturing in Krabi?
Manufacturing accounted for 5.1% of GPP in Krabi in 2024, 5th lowest of 77 provinces (Thailand: 24.2%), and hotels and restaurants for 20.0% (Thailand: 6.2%), 4th highest of 77.
Source: Office of the National Economic and Social Development Council · saved copyWhat is the unemployment rate in Krabi?
The unemployment rate in Krabi averaged 1.21% across the four quarters of 2025 (B.E. 2568) in the Labour Force Survey, about 3,020 unemployed people on average; it ranks 15th highest of 66 among the provinces with a full year of data (Thailand: 0.82%).
Source: National Statistical Office of Thailand · saved copyHow many people are employed in Krabi?
An average of 247,000 people were in work in Krabi during 2025 (B.E. 2568), 70.3% of everyone aged 15 and over (Thailand: 66.6%).
Source: National Statistical Office of Thailand · saved copyWhat is the labour force participation rate in Krabi?
71.1% of people aged 15 and over in Krabi were working or looking for work in 2025 (B.E. 2568), it ranks 11th highest of 76 provinces (Thailand: 67.2%).
Source: National Statistical Office of Thailand · saved copyHow Krabi compares with other provinces
Gross provincial product per person (2024)
Krabi ranks 20 of 77, highest first. Baht per person per year, current prices, provisional 2024.
| Rank | Region | Gross provincial product per person |
|---|---|---|
| 17 | Ratchaburi | 237,081 baht |
| 18 | Prachuap Khiri Khan | 231,844 baht |
| 19 | Surat Thani | 231,172 baht |
| 20 | Krabi | 217,715 baht |
| 21 | Nonthaburi | 213,992 baht |
| 22 | Trat | 187,712 baht |
| 23 | Chai Nat | 168,716 baht |
Real growth of the provincial economy (2024)
Krabi ranks 4 of 77, highest first. Change in gross provincial product, chain volume measures, 2024 on 2023.
| Rank | Region | Real growth of the provincial economy |
|---|---|---|
| 1 | Phuket | 18.9% |
| 2 | Phangnga | 17.2% |
| 3 | Ranong | 10.8% |
| 4 | Krabi | 9.9% |
| 5 | Surat Thani | 9.1% |
| 6 | Nong Khai | 8.5% |
| 7 | Tak | 8.3% |
Unemployment rate (2025 (B.E. 2568))
Krabi ranks 15 of 66, highest first. Average of the four quarterly Labour Force Surveys; provinces with a missing quarter are left out.
| Rank | Region | Unemployment rate |
|---|---|---|
| 12 | Ratchaburi | 1.42% |
| 13 | Sa Kaeo | 1.22% |
| 14 | Buri Ram | 1.21% |
| 15 | Krabi | 1.21% |
| 16 | Tak | 1.18% |
| 17 | Phichit | 1.16% |
| 18 | Nakhon Si Thammarat | 1.10% |
More on Krabi: overview · health · education and schools · poverty and living standards · Thailand
Sources
- Office of the National Economic and Social Development Council: Gross Regional and Provincial Product, 2024 edition (current prices and chain volume measures, 1995-2024p), with provincial population, read 24 October 2026 · saved copy (SHA-256 929ba8ab2624…)
- National Statistical Office of Thailand: Labour Force Survey: unemployed, current labour force, employed and working-age population by province, quarters 1-4 of B.E. 2568 (2025), read 24 October 2026 · saved copy (SHA-256 7f4f7e5349ce…)
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