Browsing Tag

GDP-thailand

139 posts
bangkok riverview

Thai GDP falls short of expectations with 2.6% growth

Thailand’s growth fell short of forecasts, as a robust rebound in domestic consumption and tourism was unable to make up for the weakening export sector.
wat phra singh

Finance Ministry Maintains 2023 GDP Growth Outlook at 3.8%

The Ministry of Finance is maintaining its economic growth outlook for 2023 at 3.8%, helped by a rebound in tourism and domestic demand, but exports are still expected to slow down this year.
bank of thailand

Bank of Thailand raises key rate from 1.25 to 1.5%

The Thai economy will continue to gain traction with continued recovery in tourism and private consumption thanks to the return of Chinese tourists
3f79a7a3 thailand hosts apec senior officials on chao phraya river evening

Thailand’s Economy Remains Resilient says World Bank

Tourism arrivals reached 45 percent of the pre-pandemic level in September, surpassing those in Indonesia and the Philippines.
d684cf38 bangkok showers cinema

Thailand 2023 Growth downgraded Amid Mounting Headwinds

The Ministry of Finance has indicated that the Thai economy may not meet the predicted economic growth of 3.8% next year as a result of deteriorated global economic conditions.
bangkok skyline lebua opt

IMF expects Thai economy to grow by 3.7% in 2023

Thailand’s economy is expected to grow by 3.7% next year, more than the 2.7% predicted for the global average by the International Monetary Fund.
1062a01d plage thai pixabay

Thailand’s GDP growth picked up to 4.5% y/y in Q3

Thailand’s economy experienced a positive spillover from the tourism industry in the third quarter, significantly boosting private consumption
3f79a7a3 thailand hosts apec senior officials on chao phraya river evening

Finance Ministry lowers 2022 growth forecast to 3.4%

In 2023, the number of foreign tourists is expected to reach 21.5 million, but prior to the pandemic, there were nearly 40 million foreign tourists in 2019.