Tag: GDP-thailand

In May, Thailand's economy stabilized with increased tourism and slight domestic demand improvement. However, exports fell, manufacturing declined, and inflation remained elevated.

SCB EIC has revised its 2026 economic growth forecast for Thailand to 1.7%, based on the strong first-quarter expansion and support from government measures.

Thailand's economy grew in Q1 due to strong demand and supply, but signs of Middle East conflict impacts emerged, notably declining tourism and exports, alongside rising fuel imports and softening private consumption.

The MPC cut the policy rate to 1% to ease financial conditions, support SMEs, and anchor inflation expectations, citing fragile growth, downside inflation risks, tighter SME credit, and emphasizing structural reforms beyond monetary policy. MPC Cuts Policy Rate to 1.0% ...

SCB EIC raises Thailand's 2026 economic growth forecast to 1.8% due to improved exports and private investment. However, growth remains below potential amid geopolitical and domestic challenges.

The NESDC projects a slower growth rate of 1.2-2.2% (median 1.7%) for 2026, anticipating recovery fueled by heightened private sector activity, supportive government policies, a rebound in tourism, and increased agricultural production.

Thailand's economic growth is being influenced by a combination of global and domestic factors, including supply chain disruptions and a slowdown in key export markets.

For 2026, GDP growth is expected to range between 1.2% and 2.2%, supported by private sector activity, government policies, and a recovery in tourism. Export growth is forecast to be modest, with tourist arrivals expected to rise to 35 million ...