Thailand Economic Monitor - Advanced Green Manufacturing Growth

Thailand’s economy is projected to moderate amid softer global demand, high household debt, and ongoing structural constraints. Growth is expected to reach 1.6 percent in 2026 before gradually improving to 2.2 percent in 2027. Export performance is likely to ease following earlier front-loading effects, while tourism recovery continues at a measured pace. Fiscal conditions remain constrained as public debt stays elevated and deficits persist, limiting policy space. External risks include global trade developments and domestic uncertainties, while potential gains may arise from sustained foreign investment. Advancing structural reforms, improving productivity, and maintaining fiscal sustainability remain important to support medium-term economic stability.

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