Macro - Country Economic Forecasts - Thailand

Macro - Country Economic Forecasts - Thailand

We're downgrading our 2024 GDP growth forecast for Thailand by 0.5ppts to 4.5% – which partly reflects our weaker global growth outlook, but importantly, also mirrors our weaker medium-term investment forecast in the absence of a new impetus to drive above-trend growth. Foreign direct investment into Thailand has declined in the past decade compared to the decade prior.

Thailand: Election adds downside risks to investment outlook
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Long-term prospects
Economic development
Structure of the economy
balance of payments and Structure of trade

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