Long-term structural issues hobble Thailand's growthListen to this articleThailand's aged demographic is a structural challenge, expected to result in labour shortages in the near future. Low economic growth is not a temporary problem -- it has become a structural issue that will require a long time to resolve. Private banks such as SCB also see structural reform as crucial for enabling Thailand to escape the trap of persistently low economic growth. Yunyong Thaicharoen, chief economist and sustainability officer at SCB, said the structural factors affecting Thailand's economy are not temporary. Thailand's economic growth has registered less than 5% since the 10th National Economic and Social Development Plan (2007-2011), remaining a middle-income country while its competitiveness continues to decline.

Source: Bangkok Post January 04, 2026 22:20 UTC