Analysis by Region - Asia Pacific - Thailand
We've left our 2022 Thailand GDP growth forecast unchanged at 3.6% as reopening tailwinds, including an easing in regional international travel restrictions, will support domestic demand and a solid recovery in service-sector activity. Indeed, tourism will support overall employment and household spending over the next two years. We still expect GDP growth to rise in 2023, but we've lowered our projected expansion by 0.3ppts to 4.2%, following downgrades to our US and European economic forecasts.
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook