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Economy, jobs and prices in Ratchaburi, Thailand: official figures

The gross provincial product (GPP) of Ratchaburi was 192.0 billion baht in 2024 (provisional, current prices), 1.0% of Thailand's 18.68 trillion baht; 20th highest of 77 provinces by size of economy.

Gross provincial product (2024)
192.0 billion baht
2024
GPP per person (2024)
237,081 baht
2024

What is the GDP per capita of Ratchaburi?

Economic output per person in Ratchaburi was 237,081 baht in 2024 (GPP divided by population, current prices), 17th 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 copy

How fast is the economy of Ratchaburi growing?

After allowing for price changes, the economy of Ratchaburi grew by 6.3% in 2024 (chain volume measures), ranking 12th 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 Ratchaburi?

Output per person in Ratchaburi rose 1% between 2019 and 2024, from 234,110 to 237,081 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 Ratchaburi?

In Ratchaburi, agriculture, forestry and fishing made up 18.6% of GPP in 2024, industry (mining, manufacturing, power and water) 41.2% and services (including construction) 40.2%. 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 copy

What does Ratchaburi make its money from?

The three biggest sectors of the Ratchaburi economy in 2024 were manufacturing (24.9% of GPP), agriculture, forestry and fishing (18.6%) and electricity and gas supply (14.7%).

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

How important is manufacturing in Ratchaburi?

Manufacturing accounted for 24.9% of GPP in Ratchaburi in 2024, 16th highest of 77 provinces (Thailand: 24.2%), and hotels and restaurants for 1.3% (Thailand: 6.2%), 37th highest of 77.

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

What is the unemployment rate in Ratchaburi?

The unemployment rate in Ratchaburi averaged 1.42% across the four quarters of 2025 (B.E. 2568) in the Labour Force Survey, about 6,660 unemployed people on average; it ranks 12th 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 Ratchaburi?

An average of 462,100 people were in work in Ratchaburi during 2025 (B.E. 2568), 67.5% 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 Ratchaburi?

68.5% of people aged 15 and over in Ratchaburi were working or looking for work in 2025 (B.E. 2568), it ranks 25th highest of 76 provinces (Thailand: 67.2%).

Source: National Statistical Office of Thailand · saved copy

How Ratchaburi compares with other provinces

Gross provincial product per person (2024)

Ratchaburi ranks 17 of 77, highest first. Baht per person per year, current prices, provisional 2024.

RankRegionGross provincial product per person
14Pathum Thani247,105 baht
15Lamphun244,960 baht
16Chumphon239,366 baht
17Ratchaburi237,081 baht
18Prachuap Khiri Khan231,844 baht
19Surat Thani231,172 baht
20Krabi217,715 baht
Source: Office of the National Economic and Social Development Council · saved copy

Real growth of the provincial economy (2024)

Ratchaburi ranks 12 of 77, highest first. Change in gross provincial product, chain volume measures, 2024 on 2023.

RankRegionReal growth of the provincial economy
9Rayong7.0%
10Chai Nat7.0%
11Nakhon Phanom6.6%
12Ratchaburi6.3%
13Kamphaeng Phet6.3%
14Khon Kaen5.8%
15Nong Bua Lam Phu5.8%
Source: Office of the National Economic and Social Development Council · saved copy

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

Ratchaburi ranks 12 of 66, highest first. Average of the four quarterly Labour Force Surveys; provinces with a missing quarter are left out.

RankRegionUnemployment rate
9Pattani1.66%
10Satun1.54%
11Sing Buri1.42%
12Ratchaburi1.42%
13Sa Kaeo1.22%
14Buri Ram1.21%
15Krabi1.21%
Source: National Statistical Office of Thailand · saved copy

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

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