Economy, jobs and prices in Phichit, Thailand: official figures
The gross provincial product (GPP) of Phichit was 54.8 billion baht in 2024 (provisional, current prices), 0.29% of Thailand's 18.68 trillion baht; 23rd lowest of 77 provinces by size of economy.
What is the GDP per capita of Phichit?
Economic output per person in Phichit was 110,192 baht in 2024 (GPP divided by population, current prices), 28th 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 copyHow fast is the economy of Phichit growing?
After allowing for price changes, the economy of Phichit grew by 1.1% in 2024 (chain volume measures), ranking 32nd slowest 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 Phichit?
Output per person in Phichit rose 13% between 2019 and 2024, from 97,528 to 110,192 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 Phichit?
In Phichit, agriculture, forestry and fishing made up 41.7% of GPP in 2024, industry (mining, manufacturing, power and water) 11.4% and services (including construction) 46.9%. 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 Phichit make its money from?
The three biggest sectors of the Phichit economy in 2024 were agriculture, forestry and fishing (41.7% of GPP), wholesale and retail trade (14.5%) and manufacturing (7.3%).
Source: Office of the National Economic and Social Development Council · saved copyHow important is manufacturing in Phichit?
Manufacturing accounted for 7.3% of GPP in Phichit in 2024, 10th lowest of 77 provinces (Thailand: 24.2%), and hotels and restaurants for 1.3% (Thailand: 6.2%), 39th highest of 77.
Source: Office of the National Economic and Social Development Council · saved copyWhat is the unemployment rate in Phichit?
The unemployment rate in Phichit averaged 1.16% across the four quarters of 2025 (B.E. 2568) in the Labour Force Survey, about 3,100 unemployed people on average; it ranks 17th 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 Phichit?
An average of 265,200 people were in work in Phichit during 2025 (B.E. 2568), 62.5% of everyone aged 15 and over (Thailand: 66.6%).
Source: National Statistical Office of Thailand · saved copyWhat is the labour force participation rate in Phichit?
63.3% of people aged 15 and over in Phichit were working or looking for work in 2025 (B.E. 2568), it ranks 22nd lowest of 76 provinces (Thailand: 67.2%).
Source: National Statistical Office of Thailand · saved copyHow Phichit compares with other provinces
Gross provincial product per person (2024)
Phichit ranks 50 of 77, highest first. Baht per person per year, current prices, provisional 2024.
| Rank | Region | Gross provincial product per person |
|---|---|---|
| 47 | Satun | 119,979 baht |
| 48 | Ranong | 114,911 baht |
| 49 | Phayao | 114,153 baht |
| 50 | Phichit | 110,192 baht |
| 51 | Chiang Rai | 107,724 baht |
| 52 | Phetchabun | 107,129 baht |
| 53 | Udon Thani | 106,882 baht |
Real growth of the provincial economy (2024)
Phichit ranks 46 of 77, highest first. Change in gross provincial product, chain volume measures, 2024 on 2023.
| Rank | Region | Real growth of the provincial economy |
|---|---|---|
| 43 | Ubon Ratchathani | 1.3% |
| 44 | Yala | 1.2% |
| 45 | Kanchanaburi | 1.2% |
| 46 | Phichit | 1.1% |
| 47 | Phra Nakhon Si Ayutthaya | 1.1% |
| 48 | Phetchabun | 1.1% |
| 49 | Kalasin | 1.0% |
Unemployment rate (2025 (B.E. 2568))
Phichit ranks 17 of 66, highest first. Average of the four quarterly Labour Force Surveys; provinces with a missing quarter are left out.
| Rank | Region | Unemployment rate |
|---|---|---|
| 14 | Buri Ram | 1.21% |
| 15 | Krabi | 1.21% |
| 16 | Tak | 1.18% |
| 17 | Phichit | 1.16% |
| 18 | Nakhon Si Thammarat | 1.10% |
| 19 | Chachoengsao | 1.05% |
| 20 | Phetchabun | 1.03% |
More on Phichit: 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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