BoT panel forecasts cautious growth outlookListen to this articleThe Bank of Thailand expects Thai GDP growth for this year and next year to remain below its potential, pressured by both cyclical and structural factors. For 2026 and 2027, the Thai economy is projected to grow by 1.5% and 2.3% respectively compared with an estimated 2.2% in 2025. A slowdown in merchandise exports is also expected to weigh on economic growth, primarily due to the impact of US tariff measures. In addition, slower growth in government spending is likely to further dampen GDP, following the 2027 fiscal budget framework, which outlines a narrowing fiscal deficit in line with the latest medium-term fiscal framework. However, the MPC expressed concerns about uneven growth, noting economic expansion remains concentrated among large firms and specific sectors, such as major tourism businesses and electronics exporters.

Source: Bangkok Post January 06, 2026 10:36 UTC