80 Factories Closed Jan 2026, Investment > 2.65 Billion THB

Thansettakij•Economy•1d ago

Reader Briefing

Thailand's economic slowdown is projected to continue in 2026, with nearly 80 factory closures reported in January of that year, representing an investment loss exceeding 2.65 billion THB.

•Nearly 80 factories were closed in January 2026.
•The total investment value of these closed factories exceeds 2.65 billion THB.
•Thailand's GDP growth in 2025 was 2.4%, below the initial target.
•The National Economic and Social Development Council (NESDC) forecasts GDP growth of 1.5-2.5% for 2026.
•The Joint Private Sector Committee (Gems) expects Thailand's economy to grow below 2% in 2026, the first time in 40 years excluding crises.

Overview

•Thailand's GDP growth in 2025 was 2.4%, as reported by the NESDC.
•The NESDC initially projected GDP growth for 2025 to be only 2%.
•The NESDC forecasts GDP growth for 2026 to be in the range of 1.5% to 2.5%.
•The Gems evaluated Thailand's GDP in 2025 to have slowed down, revising estimates to 1.8% - 2.2% (as of Oct 2025).
•The Gems predict that Thailand's economy will grow below 2% in 2026.
•This projected growth below 2% in 2026 would be the first time in 40 years, excluding crisis periods.
•The "Than Setthakit" newspaper investigated data from the Department of Industrial Works (DIW) regarding factory openings and closures.
•Nearly 80 factories were closed in January 2026, with an investment value exceeding 2.65 billion THB.

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Key Entities

Organization

National Economic and Social Development Council(สภาพัฒนาการเศรษฐกิจและสังคมแห่งชาติ)ℹ️

The Thai government agency responsible for economic forecasting and development.

Joint Private Sector Committee(คณะกรรมการร่วมภาคเอกชน 3 สถาบัน)

A committee representing three major private sector institutions in Thailand.

Department of Industrial Works(กรมโรงงานอุตสาหกรรม)

The Thai government department responsible for overseeing industrial factories.

Than Setthakit(ฐานเศรษฐกิจ)

A Thai economic newspaper that conducted the investigation.