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BANGKOK (Reuters) -Thailand's economy unexpectedly contracted in the fourth quarter of 2023 and policymakers downgraded the outlook for this year, adding to pressure on the central bank to give in ...
A day before Srettha's confirmation in parliament, Thailand reported its economy grew just 1.8% in the April-June period from a year earlier, significantly below the 3.1% expansion forecast by ...
The Bank of Thailand has so far resisted government pressure to ease policy, holding it benchmark interest rate at 2.50% in February, the highest in more than a decade.
This is an accepted version of this page This is the latest accepted revision, reviewed on 17 February 2025. Economy of Thailand Bangkok, the commercial hub of Thailand Currency Thai baht (THB, ฿) Fiscal year 1 October – 30 September Trade organisations WTO, APEC, IOR-ARC, ASEAN, RCEP Country group Developing/Emerging Upper-middle income economy Newly industrialized country Statistics ...
This is a list of Thai provinces and regions by GDP and GDP per capita as of 2019, based on Gross Regional and Provincial Product Chain Volume Measures 2019 Edition, According to Office of the National Economic and Social Development Council (NESDC).
The strong performance of the Thai economy beginning in 2002 was the immediate impact of Thaksinomics. In 2002, Thailand posted GDP growth of 5.3%, the fastest rate since 1996. The economy grew by another 7.1% in 2003. In 2004, in spite of a volatile external environment and rising oil prices, Thailand still managed a GDP growth rate of 6.3%.
Southeast Asia's second largest economy grew 1.5% in the first quarter of 2024 compared to a year earlier, slowing from the prior quarter's 1.7% expansion and lagging regional peers.
Thailand joined the IMF on May 3, 1949 [1] and has been the recipient of numerous IMF programs, most notably in its role as the source of contagion in the 1997 Asian financial crisis. Thailand currently has a quota of 3,211.9 million SDR's, which gives it the second most voting power in its constituency after Turkey. [2]