Published: February 17, 2020
Thailand’s gross domestic product in the fourth quarter of 2019 expanded by 1.6 per cent year on year, decelerating from 2.6 per cent in Q3 2019, as a consequence of decrease in exports, government final consumption expenditure and public investment. However private final consumption expenditure and private investment maintained their growth momentum, the Nation Economic and Social Development Council reported today (February 17)
Published: October 08, 2019
Siam Commercial Bank’s Economic Intelligence Centre (EIC) has revised down its forecast for gross domestic product (GDP) growth this year to 2.8 per cent from the previous 3.0 per cent, due to the prolonged trade war between the United States and China, according to chief economist Yunyong Thaicharoen.
Published: December 07, 2018
Kasikorn Research Centre (KResearch) has suggested in a company seminar that Thailand’s economy will likely perform better in the last quarter of 2018, with growth higher than 4 per cent compared to the 3.3-per cent pace reported in the previous quarter.
Published: October 12, 2017
TRIS Rating expects Thailand’s gross domestic product (GDP) will grow by between 3.3 per cent and 3.6 per cent this year, compared with 3.2 per cent last year, driven by a recovery in exports, continued growth in the tourism industry, and a rise in household expenditure.