BANGKOK, Thailand – The Ministry of Finance has revised its economic growth forecast for Thailand this year, projecting a GDP expansion of 2.4%, up from the previous estimate of 2.2%. The upward revision reflects stronger-than-expected exports and the impact of late-year government stimulus measures.
Exports are expected to grow by as much as 10% in 2025, while private consumption has also shown solid performance. The ministry anticipates overall inflation will remain slightly negative at -0.2%, while the current account is projected to record a surplus of approximately 15.5 billion U.S. dollars.
Looking ahead to 2026, the ministry forecasts a slowdown in growth to 2.0%, citing potential contraction in exports of around -1.5% following accelerated shipments in 2025 aimed at mitigating the impact of anticipated U.S. tariff increases. Inflation is expected to return to positive territory at 0.5% next year.
The Finance Ministry emphasized that while 2025 has seen a modest boost from policy measures and external demand, maintaining steady growth in 2026 will depend on sustained export performance and domestic consumption.
