Thailand

Nominal GDP for Thailand was ฿16,179bn in 2021, down from ฿15,698bn in 2020. The Thai population was estimated at 71.6m in 2021 according to the IMF, while China is Thailand’s biggest trading partner.

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

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 hard copy and pdf version of the publication, we also show selected “comparison forecasters” including the Asian Development Bank, Bank of Thailand and IMF. The table below shows a small example set of forecasts for GDP growth and Consumer Prices (CPI), taken from our survey of September 2022.

Source: Asia Pacific Conensus 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:

Main Data Sources for 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.
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