Northern Thailand: 170,661 Companies by Province 2026
In short
Northern Thailand holds 170,661 registered companies as of 2 July 2026. That is about 8.6 percent of the national total. The region turns over 2.00 trillion baht in revenue. That revenue is only 2.6 percent of the country. One city carries the region: Chiang Mai counts 65,164 companies. That figure is 38.2 percent of the North. Chiang Rai is a distant second at 18,652. The other fifteen provinces split the rest thinly.
How big is the business base in Northern Thailand?
Seventeen provinces make up the North, and together they hold 170,661 registered companies as of 2 July 2026 (DBD, 2026). Set against the national register of 1,989,709 companies, that works out to 8.6 percent. On revenue the region is lighter still. Northern companies book 2.00 trillion baht of turnover, which is 2.6 percent of the national total of 76.62 trillion. The gap between the two shares tells you something: the North holds more companies than revenue, so the businesses here run smaller on average than the national firm. And the region does not spread evenly. Chiang Mai alone registers 65,164 companies, or 38.2 percent of every company in the North. Add Chiang Rai at 18,652 and two provinces account for close to half the region. Everything below the top two thins out fast.
Top northern provinces by company count
- Chiang Mai65,164
- Chiang Rai18,652
- Phitsanulok11,899
- Nakhon Sawan10,982
- Lampang10,371
- Phetchabun6,626
Figures in registered companies.
Chiang Mai dwarfs the field. No other province clears 19,000, and the sixth-ranked province sits near 6,600.
Northern provinces ranked by company count
| Province | Companies | Share of the North |
|---|---|---|
| Chiang Mai | 65,164 | 38.2% |
| Chiang Rai | 18,652 | 10.9% |
| Phitsanulok | 11,899 | 7.0% |
| Nakhon Sawan | 10,982 | 6.4% |
| Lampang | 10,371 | 6.1% |
| Phetchabun | 6,626 | 3.9% |
| Top six combined | 123,694 | 72.5% |
Registered companies and share of the seventeen-province North, as of 2 Jul 2026. Shares recompute from each count divided by 170,661.
Why this matters
A region that runs on one city is a fragile region. The top six provinces hold 123,694 companies between them, which is 72.5 percent of the North. The remaining eleven provinces divide the last 46,967 companies, an average near 4,300 each. Chiang Mai is not just the largest node, it is the market. Its 65,164 companies produce 527 billion baht of revenue, more than a quarter of everything the region turns over. Chiang Rai, the runner-up, books 286 billion baht from 18,652 firms. For anyone deciding where to open, hire, or sell in the North, the map is blunt: depth of demand and supplier density concentrate in Chiang Mai, then fall away province by province. The upside sits in the same fact. The eleven thin provinces are underbuilt rather than saturated, which is where a challenger has room to be first. The national picture frames the stakes. The North contributes a smaller slice of Thailand's output than of its firm count, a pattern the country's regional accounts have long shown for the upper provinces (NESDC, 2024).
Definitions
- Registered company
- A juristic person recorded on the Department of Business Development registry, counted at its registered province regardless of where it trades.
- Northern region
- The seventeen upper provinces of Thailand grouped as the North, led by Chiang Mai and Chiang Rai.
- Share of the North
- A province's company count divided by the regional total of 170,661, expressed as a percentage.
- Aggregate revenue
- The sum of reported turnover across all companies in the group that filed a financial statement, not an average per company.
Assumptions
- A company is counted once, at its registered province, which may differ from where it actually operates.
- Revenue reflects only companies that filed a financial statement, so it understates total activity.
- The seventeen-province definition of the North follows the standard regional grouping used in Thai official statistics.
Methodology
Counts are registered juristic persons on the Department of Business Development registry, grouped by their registered province and rolled up to the seventeen provinces of the Northern region, as of 2 July 2026. Revenue is aggregate reported turnover for companies in the region that filed a financial statement. Every share in this page recomputes directly from the raw counts shown: a province count divided by the regional total of 170,661, or the regional total divided by the national total of 1,989,709. No figure is estimated.
How we verified this
- Chiang Mai share of the North recomputed as 65,164 divided by 170,661 equals 0.382, or 38.2 percent.
- Regional share of national companies recomputed as 170,661 divided by 1,989,709 equals 0.086, or 8.6 percent.
- Regional revenue share recomputed as 2.00 divided by 76.62 equals 0.026, or 2.6 percent.
- Top six provinces summed to 65,164 plus 18,652 plus 11,899 plus 10,982 plus 10,371 plus 6,626 equals 123,694, which divided by 170,661 equals 72.5 percent.
References
- Department of Business Development. (2026). Registered juristic persons by province. Ministry of Commerce, Thailand. https://www.dbd.go.th/
- Office of the National Economic and Social Development Council. (2024). Gross regional and provincial product, chain volume measures. NESDC, Thailand. https://www.nesdc.go.th/
Frequently asked questions
How many companies are registered in Northern Thailand?
170,661 registered companies across the seventeen northern provinces as of 2 July 2026, about 8.6 percent of the national total of 1,989,709.
Which northern province has the most companies?
Chiang Mai, with 65,164 registered companies. That is 38.2 percent of the region, more than three times the size of second-placed Chiang Rai at 18,652.
How much revenue do northern companies generate?
About 2.00 trillion baht, which is 2.6 percent of Thailand's national company revenue. Chiang Mai alone accounts for 527 billion baht of that.
Why is the North a smaller share of revenue than of companies?
The region holds 8.6 percent of companies but only 2.6 percent of revenue, which means northern firms are smaller on average than the typical Thai company.
Cite this page
Chatpong L. (2026). Northern Thailand: 170,661 Companies by Province 2026. Max Data Insights. https://maxdatathailand.com/insights/northern-thailand-business-in-2026
Data & corrections
Download the data (CSV)Spot something off, or want to ask about the data? Email insights@maxsolutions.co.th. We publish corrections.
Written by
Chatpong L.Founder, Max Data, Max Solutions Co., Ltd.
Chatpong L. leads Max Data, a company-intelligence platform built on Thailand's official business registry. He writes about the structure of the Thai economy using primary registry data. His work covers company formation, industry concentration, and regional business activity.
Related insights
This page reports company-level and aggregate statistics only. It names no individuals and makes no claims about any person. Figures are provided for information and may be revised as source data updates.
