Showing 1-3 of 3 results
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Uncertainty ahead for Thai economy
News, Kirida Bhaopichitr, Published on 21/12/2022
» 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.
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Thai economy to see uptick in 2022
Oped, Kirida Bhaopichitr, Published on 12/01/2022
» The Thai economy will continue its recovery from last year, but is yet to reach pre-Covid levels. However, the situation is a tad better from last year. In 2022, economic growth is expected to rise by 3.5-4.0%, against 0.8% last year and 1% in 2020. This growth rate, however, still does not put the Thai economy back to its 6.1% growth level in 2019. The value of the Thai economy or its gross domestic product (GDP) is forecast to reach its 2019 level in 2023.
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Thailand's economic outlook for 2021
Oped, Kirida Bhaopichitr, Published on 23/12/2020
» 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 wave of Covid-19 in Thailand, or if effective vaccines are delayed, the recovery could be slower than anticipated.
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