Finance Ministry raises GDP growth forecast for this year to 2.5% from 1.6%

Macro
โดย Thunhoon·Read original
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The Ministry of Finance has revised up its forecast for Thailand's economic growth in 2026 to 2.5 percent, from the previous estimate of 1.6 percent. Key supporting factors include exports, which are expected to expand by as much as 12.5 percent, and private investment, whose growth target has been raised to 9 percent. The calculation also incorporates funds from an emergency decree authorizing loans of 200 billion baht into the economic system. Private consumption is projected to grow by 2.7 percent, while public investment is expected to expand by 3.2 percent. The Ministry of Finance also flagged risk factors that warrant monitoring, including conflict in the Middle East, US trade policy that has raised import tariffs on some Thai goods to 12.5 percent, and a super El Niño phenomenon that could cause drought late in the year.

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