NESDC Ups 2026 GDP Growth Forecast to 1.5-2.5%

MGR Online•Economy•1d ago

Reader Briefing

Thailand's economic outlook brightens as NESDC revises GDP growth projections upwards for 2026.

•The National Economic and Social Development Council (NESDC) has updated its GDP growth forecast for Thailand.
•The projected GDP growth for 2026 is now 1.5-2.5%, an increase from the prior estimate of 1.2-2.2%.
•Factors contributing to the revised forecast include global trade volumes, improved exports, and robust domestic private demand driven by tourism recovery.
•Low inflation pressure is also a supporting factor for the economic outlook.

•The National Economic and Social Development Council (NESDC) announced an increase in the projected GDP growth for Thailand in 2026.
•The NESDC projects GDP growth for 2026 to be between 1.5% and 2.5%, an upward revision from the previous forecast of 1.2% to 2.2%.
•This revision is due to increased global trade volumes, which are expected to boost exports.
•The NESDC also cited continued expansion in domestic private demand, driven by the recovery of the tourism sector, as a reason for the improved outlook.
•Low inflation pressure remains a supporting factor for the economic growth forecast.
•The revised GDP forecast applies to the year 2026.

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NESDC(สภาพัฒน์)ℹ️

The National Economic and Social Development Council (NESDC), which forecasts Thailand's GDP.

Gross Domestic Product, used here to denote economic growth projections.