Tag: economic outlook

Uncertainty ahead for Thai economy

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The Thai economy will face many headwinds but also tailwinds next year, mainly from the global economy and geopolitical tensions. In 2022, the Thai economy slowly recovered from the Covid pandemic as lockdowns ended and the economy was reopened to international travel. After contracting by more than 6% in 2020, Thailand’s real gross domestic product […]

Thailand’s economic outlook for 2021

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Kirida Bhaopichitr The Thai economy will grow next year after contracting by almost 10% this year. Next year, the Thai economy is expected to expand 3 to 4% from this year. It will not be until the end of 2022 before the Thai economy returns to its pre-Covid level of 2019. However, if there is another […]