Tag: GDP
2022 Thai GDP growth expected at 3%: SCB
BANGKOK (NNT) – Siam Commercial Bank’s Economic Intelligence Center has readjusted up its projection for Thailand’s GDP growth at 3% this year and 3.7% next [Read More…]
Thailand’s household debt forecast to jump to 95% of GDP this year
The average household debt in Thailand has increased 5.09% year on year, to 217,952.59 baht, the highest in 14 years, and this year the debt [Read More…]
FPO Forecasts 4% Growth for Thai Economy
BANGKOK (NNT) – Thailand’s economy is forecasted to grow at about 4% due to recovering domestic consumption and the tourism industry. The Fiscal Policy Office [Read More…]
Thailand approves world’s largest free trade agreement
Thailand submitted to the Secretariat of the Association of Southeast Asian Nations (ASEAN) its ratification of the Regional Comprehensive Economic Partnership Agreement (RCEP) and reaffirmed [Read More…]
Thailand lowers economic growth forecast for 2021
Thailand lowered its economic growth forecast for 2021, as the Southeast Asian country faces the most severe wave of COVID-19 in history. Last year, the [Read More…]
Thailand’s economic future seems more uncertain than ever
With a slow vaccine rollout, mounting Covid-19 cases and new variants entering the country, Thailand’s economic future seems more uncertain than ever. Multiple times this [Read More…]
Thailand’s GDP this year set to contract 7.8-7.3%, not 5-6% previously forecast
Thailand’s household debt has increased to the highest level in four years, whereas the Gross Domestic Product (GDP) for the second quarter contracted 12.2%, prompting [Read More…]
GDP of Thailand to Fall by 7-9%: JSCCIB
BANGKOK, Aug 5 (TNA) — The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) expected the gross domestic product this year would fall by [Read More…]
