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Economy, jobs and prices in Nakhon Phanom, Thailand: official figures

The gross provincial product (GPP) of Nakhon Phanom was 56.1 billion baht in 2024 (provisional, current prices), 0.30% of Thailand's 18.68 trillion baht; 25th lowest of 77 provinces by size of economy.

Gross provincial product (2024)
56.1 billion baht
2024
GPP per person (2024)
104,924 baht
2024

What is the GDP per capita of Nakhon Phanom?

Economic output per person in Nakhon Phanom was 104,924 baht in 2024 (GPP divided by population, current prices), 23rd lowest 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 copy

How fast is the economy of Nakhon Phanom growing?

After allowing for price changes, the economy of Nakhon Phanom grew by 6.6% in 2024 (chain volume measures), ranking 11th fastest of 77 provinces for growth (Thailand: 2.9%).

Source: Office of the National Economic and Social Development Council · saved copy

How much has income per person grown in Nakhon Phanom?

Output per person in Nakhon Phanom rose 32% between 2019 and 2024, from 79,499 to 104,924 baht (current prices, so partly inflation); across Thailand it rose 9%.

Source: Office of the National Economic and Social Development Council · saved copy

What are the main industries in Nakhon Phanom?

In Nakhon Phanom, agriculture, forestry and fishing made up 33.1% of GPP in 2024, industry (mining, manufacturing, power and water) 9.8% and services (including construction) 57.0%. 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 copy

What does Nakhon Phanom make its money from?

The three biggest sectors of the Nakhon Phanom economy in 2024 were agriculture, forestry and fishing (33.1% of GPP), education (15.5%) and wholesale and retail trade (11.5%).

Source: Office of the National Economic and Social Development Council · saved copy

How important is manufacturing in Nakhon Phanom?

Manufacturing accounted for 7.6% of GPP in Nakhon Phanom in 2024, 12th lowest of 77 provinces (Thailand: 24.2%), and hotels and restaurants for 0.9% (Thailand: 6.2%), 29th lowest of 77.

Source: Office of the National Economic and Social Development Council · saved copy

What is the unemployment rate in Nakhon Phanom?

The unemployment rate in Nakhon Phanom averaged 2.11% across the four quarters of 2025 (B.E. 2568) in the Labour Force Survey, about 5,790 unemployed people on average; it ranks 4th highest of 66 among the provinces with a full year of data (Thailand: 0.82%).

Source: National Statistical Office of Thailand · saved copy

How many people are employed in Nakhon Phanom?

An average of 268,900 people were in work in Nakhon Phanom during 2025 (B.E. 2568), 61.3% of everyone aged 15 and over (Thailand: 66.6%).

Source: National Statistical Office of Thailand · saved copy

What is the labour force participation rate in Nakhon Phanom?

62.6% of people aged 15 and over in Nakhon Phanom were working or looking for work in 2025 (B.E. 2568), it ranks 20th lowest of 76 provinces (Thailand: 67.2%).

Source: National Statistical Office of Thailand · saved copy

How Nakhon Phanom compares with other provinces

Gross provincial product per person (2024)

Nakhon Phanom ranks 55 of 77, highest first. Baht per person per year, current prices, provisional 2024.

RankRegionGross provincial product per person
52Phetchabun107,129 baht
53Udon Thani106,882 baht
54Lampang106,733 baht
55Nakhon Phanom104,924 baht
56Bueng Kan102,107 baht
57Sukhothai95,731 baht
58Maha Sarakham95,286 baht
Source: Office of the National Economic and Social Development Council · saved copy

Real growth of the provincial economy (2024)

Nakhon Phanom ranks 11 of 77, highest first. Change in gross provincial product, chain volume measures, 2024 on 2023.

RankRegionReal growth of the provincial economy
8Trat7.2%
9Rayong7.0%
10Chai Nat7.0%
11Nakhon Phanom6.6%
12Ratchaburi6.3%
13Kamphaeng Phet6.3%
14Khon Kaen5.8%
Source: Office of the National Economic and Social Development Council · saved copy

Unemployment rate (2025 (B.E. 2568))

Nakhon Phanom ranks 4 of 66, highest first. Average of the four quarterly Labour Force Surveys; provinces with a missing quarter are left out.

RankRegionUnemployment rate
1Narathiwat2.37%
2Amnat Charoen2.25%
3Sukhothai2.22%
4Nakhon Phanom2.11%
5Kamphaeng Phet1.99%
6Phangnga1.84%
7Samut Prakan1.75%
Source: National Statistical Office of Thailand · saved copy

More on Nakhon Phanom: overview · health · education and schools · poverty and living standards · Thailand

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