Thai Economic Conditions

Press Release on the Economic and Monetary Conditions

The Thai economy slowed down in March 2024 as domestic demands and tourism sectors softened after expanding well in the preceding periods and partly because the benefits from the Easy E-Receipt campaign dissipated. Despite this slowdown, the economy showed signs of improvement in the first quarter compared to the previous one. But the overall growth was likely to remain low on a year-on-year basis. The tourism sectors continued to be the main driver of economic activity within the service sectors, leading to increased employment. Private investment also increased, particularly in new industries and services. On the other hand, exports and manufacturing production remained stagnant due to weak global demand and structural factors that suppressed production. Private consumption declined, particularly in durable goods, despite an improvement in non-durable goods. Government spending also contracted due to the delay of the 2024 budget.

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Yearly Report on Economic and Monetary Conditions

This report summarizes the overall economic and monetary conditions in each year. It analyses the economy by sectors and presents the important economic indicators and statistical data.

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Yearly Report on Economic and Monetary Conditions

  • Thailand's Economic Condition in 2021

  • Thailand's Economic Condition in 2020

  • Thailand's Economic Condition in 2019

  • Thailand's Economic Condition in 2018

  • Thailand's Economic Condition in 2017

  • Thailand's Economic Condition in 2016

  • Thailand's Economic Condition in 2015

  • Thailand's Economic Condition in 2014

  • Thailand's Economic Condition in 2013

  • Thailand's Economic Condition in 2012

  • Thailand's Economic Condition in 2011

  • Thailand's Economic Condition in 2010

  • Thailand's Economic Condition in 2009

  • Thailand's Economic Condition in 2008

  • Thailand's Economic Condition in 2007

  • Thailand's Economic Condition in 2006

  • Thailand's Economic Condition in 2005

  • Thailand's Economic Condition in 2004

  • Thailand's Economic Condition in 2003

  • Thailand's Economic Condition in 2002

  • Thailand's Economic Condition in 2001

  • Thailand's Economic Condition in 2000

  • Thailand's Economic Condition in 1999

  • Thailand's Economic Condition in 1998

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