Economy, jobs and prices in Nakhon Ratchasima, Thailand: official figures
The gross provincial product (GPP) of Nakhon Ratchasima was 349.2 billion baht in 2024 (provisional, current prices), 1.9% of Thailand's 18.68 trillion baht; 11th highest of 77 provinces by size of economy.
What is the GDP per capita of Nakhon Ratchasima?
Economic output per person in Nakhon Ratchasima was 140,499 baht in 2024 (GPP divided by population, current prices), 33rd 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 Nakhon Ratchasima growing?
After allowing for price changes, the economy of Nakhon Ratchasima grew by 1.6% in 2024 (chain volume measures), ranking 39th 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 Nakhon Ratchasima?
Output per person in Nakhon Ratchasima rose 18% between 2019 and 2024, from 118,606 to 140,499 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 Nakhon Ratchasima?
In Nakhon Ratchasima, agriculture, forestry and fishing made up 14.2% of GPP in 2024, industry (mining, manufacturing, power and water) 33.6% and services (including construction) 52.2%. 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 Nakhon Ratchasima make its money from?
The three biggest sectors of the Nakhon Ratchasima economy in 2024 were manufacturing (27.3% of GPP), agriculture, forestry and fishing (14.2%) and wholesale and retail trade (11.7%).
Source: Office of the National Economic and Social Development Council · saved copyHow important is manufacturing in Nakhon Ratchasima?
Manufacturing accounted for 27.3% of GPP in Nakhon Ratchasima in 2024, 14th highest of 77 provinces (Thailand: 24.2%), and hotels and restaurants for 2.4% (Thailand: 6.2%), 22nd highest of 77.
Source: Office of the National Economic and Social Development Council · saved copyWhat is the unemployment rate in Nakhon Ratchasima?
The unemployment rate in Nakhon Ratchasima averaged 0.56% across the four quarters of 2025 (B.E. 2568) in the Labour Force Survey, about 6,750 unemployed people on average; it ranks 21st lowest 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 Nakhon Ratchasima?
An average of 1,194,800 people were in work in Nakhon Ratchasima during 2025 (B.E. 2568), 58.2% of everyone aged 15 and over (Thailand: 66.6%).
Source: National Statistical Office of Thailand · saved copyWhat is the labour force participation rate in Nakhon Ratchasima?
58.5% of people aged 15 and over in Nakhon Ratchasima were working or looking for work in 2025 (B.E. 2568), it ranks 6th lowest of 76 provinces (Thailand: 67.2%).
Source: National Statistical Office of Thailand · saved copyHow Nakhon Ratchasima compares with other provinces
Gross provincial product per person (2024)
Nakhon Ratchasima ranks 33 of 77, highest first. Baht per person per year, current prices, provisional 2024.
| Rank | Region | Gross provincial product per person |
|---|---|---|
| 30 | Kanchanaburi | 154,078 baht |
| 31 | Lop Buri | 151,273 baht |
| 32 | Nakhon Sawan | 145,021 baht |
| 33 | Nakhon Ratchasima | 140,499 baht |
| 34 | Khon Kaen | 140,255 baht |
| 35 | Tak | 139,020 baht |
| 36 | Ang Thong | 134,085 baht |
Real growth of the provincial economy (2024)
Nakhon Ratchasima ranks 39 of 77, highest first. Change in gross provincial product, chain volume measures, 2024 on 2023.
| Rank | Region | Real growth of the provincial economy |
|---|---|---|
| 36 | Chanthaburi | 2.1% |
| 37 | Nakhon Nayok | 1.8% |
| 38 | Suphan Buri | 1.7% |
| 39 | Nakhon Ratchasima | 1.6% |
| 40 | Pathum Thani | 1.6% |
| 41 | Samut Prakan | 1.4% |
| 42 | Nonthaburi | 1.3% |
Unemployment rate (2025 (B.E. 2568))
Nakhon Ratchasima ranks 46 of 66, highest first. Average of the four quarterly Labour Force Surveys; provinces with a missing quarter are left out.
| Rank | Region | Unemployment rate |
|---|---|---|
| 43 | Rayong | 0.60% |
| 44 | Roi Et | 0.60% |
| 45 | Nonthaburi | 0.59% |
| 46 | Nakhon Ratchasima | 0.56% |
| 47 | Kalasin | 0.56% |
| 48 | Nan | 0.55% |
| 49 | Phra Nakhon Si Ayutthaya | 0.55% |
More on Nakhon Ratchasima: 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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