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MEMBER ECONOMIES

Thailand

Latest Projections

Projected GDP Growth (2025):

0%

Projected Inflation Rate (2025):

0%
Updated as of January 2025
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Annual Consultation Reports

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Annual Consultation Reports
AMRO’s 2024 Annual Consultation Report on Thailand
Thailand's economy is strengthening on the back of resilient private demand, continued recovery in tourism, and accelerated government disbursement.
Annual Consultation Reports
AMRO’s 2023 Annual Consultation Report on Thailand
Thailand's economy is expected to grow by 3.5 percent in 2023 and 3.9 percent in 2024, driven by the continued recovery in tourist arrivals and resilient domestic demand, and supported by improvement in exports.
Annual Consultation Reports
AMRO’s 2022 Annual Consultation Report on Thailand
Thailand’s recovery has regained momentum on the back of strengthening domestic demand and a stronger rebound in international tourist arrivals.
Annual Consultation Reports
AMRO’s 2021 Annual Consultation Report on Thailand
Thailand’s economy should recover gradually — although unevenly across sectors — with growth likely to register 0.8 percent in 2021 before rebounding to 5.8 percent in 2022.
Annual Consultation Reports
AMRO’s 2019 Annual Consultation Report on Thailand
Thailand’s economy is projected to slow from 4.1 percent in 2018 to 2.7 percent in 2019 and 3.1 percent in 2020, due to a decline in exports amid U.S.-China trade tensions, as well as a slowdown in private investment.
Annual Consultation Reports
AMRO’s 2018 Annual Consultation Report on Thailand
Thailand growth continues to gain traction, driven by strong exports and tourism. Headline inflation has continued to inch up, although it remains low. The external position remains strong, underpinned by the sizeable current account surplus and substantial international reserves.

What’s New

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Blogs
Revitalizing Thailand's Long-term Growth: The Critical Case for Reform
Thailand stands at a critical juncture, facing a stark choice between continued economic sluggish performance and renewed prosperity.
Press Releases
Thailand Needs Bold Structural Reforms to Revitalize Economic Transformation, Uplift Potential Growth
Thailand's growth is expected to strengthen to 2.8 percent in 2024 and to 3.3 percent in 2025 thanks to accelerated government disbursement.
Press Releases
Thailand: Realizing Higher Growth Potential Through Bold Structural Initiatives and Reforms
Thailand's growth is expected to strengthen to 2.8 percent in 2024 and further to 3.4 percent in 2025, up from 1.9 percent in 2023.
Blogs
Investing in Thailand’s Future: Beyond the Digital Wallet
Faced with a confluence of structural challenges, the Thai economy is likely to experience continued decline in its long-term trend growth, trailing behind regional peers.
Interviews
Chief Economist Hoe Ee Khor Speaks to The Standard Thailand
In an interview with The Standard Thailand, AMRO Chief Economist Hoe Ee Khor shared his views on Thailand's outlook, risks and policy priorities.
Events
ASEAN+3 Regional Economic Outlook 2024 Roadshows: Bangkok
AMRO and the Bank of Thailand will co-organize the AMRO–Bank of Thailand Seminar: Navigating Tomorrow in Low Visibility on April 26, 2024.