The economic outlook in a year of uncertaintyNext year will be an uncertain one for both the global and Thai economies, especially concerning three areas: economic recession, geopolitical problems and government economic measures. Global economic risks will increase from wars and elections. China's credit intensity (the growth rate of credit compared with economic growth) expanded at the same level as in 2020, during the pandemic. THAI FORECASTFor the Thai economic outlook in 2024, we divided our economic projection into two scenarios related to the digital wallet scheme. FACTORS TO WATCHIn 2024, we are keeping an eye on six economic factors that will be key for the Thai economy.
