Thailand Economic Forecasts

Published monthly, Asia Pacific Consensus Forecasts offers a comprehensive outlook for the Thailand economy, covering 12 macroeconomic variables over a two-year forecast horizon. Forecasts are provided by leading economists whose individual views are shown together with the average (mean) forecast. In addition, our analysis includes 4 years of historical data for these same variables as well as written analysis and charts. Furthermore, the publication provides Consensus Forecasts™ for the Thai Baht against the US dollar in 3, 12 and 24 months.

Monthly Survey frequency

12 Macroeconomic variables

2 years Forecast horizon

Publication timing

Current Consensus survey October 2026 Released October 15, 2026

Next Consensus survey November 2026 Releases November 12, 2026

View publication schedule

Economic snapshot

Nominal GDP for Thailand was $516.6bn in 2024, up from $508.1bn in 2023. The Thai population was estimated at 71.7m in 2024 according to the IMF, while China is Thailand’s biggest trading partner.

Forecast coverage

Variables Surveyed for Thailand

Variables covered in our monthly analysis of Thailand include:

Gross Domestic Product
Private Consumption
Gross Fixed Investment
Manufacturing Production
Consumer Prices
Money Supply
Merchandise Exports
Merchandise Imports
Trade Balance
Current Account Balance
Interest Rates
Baht Currency Forecasts

Country analysis

Consensus Forecasts for Thailand

Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. in the PDF publication, we also show selected “comparison forecasters” including the Asian Development Bank, Bank of Thailand and IMF. The example below is an illustrative historical survey snapshot from September 2022, showing how individual forecasts and the consensus are presented.

Source: Asia Pacific Consensus Forecasts, September 2022

Special Surveys

In addition to the regular surveys for the variables listed above we also undertake a number of Special Surveys for Thailand on topics such as:

Quarterly Forecasts
Long-Term 5 and 10 Year Forecasts
Economic Policy Evaluation
Real Interest Rates and Foreign Direct Investment
Forecast Probabilities
Forecasts of Trade and Current Account Balances

Main Data Sources for Thailand

National Statistical Office of Thailand: The National Statistical Office of Thailand (NSO) is the government of Thailand's official statistics surveyor.
Bank of Thailand: The Bank of Thailand is the central bank of Thailand.

Comprehensive Forecasts Coverage

Consensus Economics has collected forecasts for more than 30 years, building up a comprehensive catalogue of historical forecasts data. Please enquire at editors@consensuseconomics.com should you wish to find out more about these data offerings, pricing and the different platforms by which you can access them.

Regional coverage

Explore forecasts across Asia Pacific

Alongside this country forecast, explore the other economies covered by our Asia Pacific forecast publication.

Australia China Hong Kong India Indonesia Japan Malaysia New Zealand

View all 18 countries

Australia Bangladesh China Hong Kong India Indonesia Japan Malaysia Myanmar New Zealand Pakistan Philippines Singapore South Korea Sri Lanka Taiwan Thailand Current Vietnam

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