Browsing Tag

GDP-thailand

151 posts
bangkokskylinecrop

World Bank trims Thai growth to 3.4% in 2023, 3.5% 2024

Thailand’s economic growth forecast for 2023 has been revised down to 3.4% from 3.6%, and for 2024 it has been reduced to 3.5% from 3.7%
1000baht stash

Bank of Thailand lowers 2023 GDP forecast from 3.6% to 2.8%

The Thai economy is recovering, although at a slower pace due to weak external demand.
Asian Development Bank (ADB)

ADB predicts 4.6% growth in Southeast Asia but warns of increasing risks

The growth forecast for Thailand has been revised upward from 3.3% to 3.5% for the year 2023, and it is expected to remain at 3.7% for the year 2024.
8695032d bangkokriver skyline

Thailand’s Growth Revised Down Amid Disappointing Recovery

Tight credit conditions, elevated household debt, and higher interest rates will weigh on domestic activity and consumption in Thailand, hindering economic growth.
export china cargo port

Q2 GDP growth lower than expected at 1.8%.

The Thai economy grew slower than expected in the second quarter, with weaker exports offset by strength in tourism.
streetbangkok bw

Thai Finance Ministry lowers growth outlook for 2023 to 3.5%

The Thai Finance Ministry has revised its economic growth outlook for 2023 to 3.5% from 3.6% due to weaker global demand for exports.
tourist chiangmai

World Bank raises Thailand growth forecast to 3.9%

Thailand also faces structural headwinds including an aging population, climate pressures, declining export competitiveness, and high household debt.