Bank of Thailand raises 2026 growth forecast to 2.4%
1 report, 1 independent
Updated Sun 00:00
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What happened
The Bank of Thailand raised its economic growth forecasts for Thailand to 2.4% in 2026 and 2.1% in 2027. This revision reflects stronger private investment and technology exports. However, the central bank noted that recovery remains limited, with household consumption and SME lending remaining weak.
Why it matters
The improved outlook is driven by the technology and artificial-intelligence investment cycle, with merchandise exports projected to grow 22% in 2026. Despite this, the central bank warned that domestic purchasing power and SME lending are still facing challenges.
Who's involved
- Bank of ThailandCentral monetary and financial regulator of Thailand
- ThailandCountry whose economic outlook was revised
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The entities involved
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Bank of Thailand
central bank
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Thailand
country in Southeast Asia
Related events
- The Bank of Thailand manages monetary policy for Thailand, noting that geopolitical risks are affecting currency stability.
- The Bank of Thailand proposed new regulations for Thailand on October 1, 2026.
- The Bank of Thailand operates as the central bank of the country, and Vitai Ratanakorn serves as its central bank chief.
- Deutsche Bank is expanding its presence, connecting clients between Europe and Southeast Asia, and reporting increased revenue in Thailand.
- The Asian Development Bank approved various projects within Thailand.