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Thai Economy Out of ICU, Target 3% Growth - Aekniti

Thai Economy Out of ICU, Target 3% Growth - Aekniti

Prachachat•Economy•1d ago

Reader Briefing

Thai economy shows signs of recovery, with Q4 2025 GDP growing 2.5% and projections for 2026 growth at 3% or more, driven by consumption and investment initiatives.

  • •Thai GDP grew 2.5% in Q4/2025, contributing to a full-year growth of 2.4% for 2025.
  • •The 'Quick Big Win' policy has supported consumption and investment, lifting Nominal GDP close to 19 trillion baht.
  • •Projected economic growth for 2026 is at least 2%, with potential to reach over 3% if positive momentum is maintained.

Overview

  • •Thai GDP in Q4/2025 expanded by 2.5%, resulting in a full-year growth of 2.4% for 2025.
  • •Nominal GDP is nearing 19 trillion baht, exceeding previous forecasts by approximately 300 billion baht due to increased economic circulation and public income.
  • •Private consumption grew by 3.3% in Q4/2025, an increase from previous quarters, due to government stimulus measures like 'Kon La Kreung Plus'.
  • •Thailand's total investment expanded by 8.1% in Q4/2025, the highest in several quarters, with public investment growing 13.3% to drive private investment.
  • •Private investment increased to around 6.5% from a previous growth of only 2-3%, making investment a key economic driver.
  • •The BOI Fast Pass measure has been implemented to unlock investment, leading to increased domestic and foreign capital inflow.
  • •Aekniti Nitithanprapas stated that the Thai economy has emerged from its economic downturn.
  • •The current account surplus stands at approximately 3.1% of GDP, with the government maintaining fiscal discipline by not increasing the deficit or borrowing more.

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Key Quotes

Aekniti Nitithanprapas
"'Aekniti' indicates the Thai economy is out of the mire, with Q4/2025 GDP growing 2.5% after Quick Big Win measures boosted consumption-investment, pushing Nominal GDP near 19 trillion baht, and believes 2026 has a chance to grow 3% plus if momentum and investment continue."
‘เอกนิติ’ ชี้เศรษฐกิจไทยพ้นจากหล่ม จีดีพี Q4/2025 โต 2.5% หลังมาตรการ Quick Big Win หนุนบริโภค-ลงทุน ดัน Nominal GDP ใกล้แตะ 19 ล้านล้านบาท พร้อมเชื่อปี 2026 มีลุ้นโต 3% พลัส หากรักษาโมเมนตัมความเชื่อมั่นและเร่งลงทุนต่อเนื่อง
Aekniti Nitithanprapas
"From Thailand being seen as the 'patient of Asia,' as 'Doctor Aek,' today we have taken the patient out of ICU. Now, how do we make the patient stronger? We must exercise, build strength, and be ready to run at full potential."
จากเดิมที่ไทยถูกมองเป็นผู้ป่วยแห่งเอเชีย ในฐานะหมอเอก วันนี้คนป่วยเราเอาออกจาก ICU แล้ว แต่ต่อไปคือจะทำอย่างไรให้คนป่วยกลับมาเข้มแข็งขึ้น เราก็ต้องออกกำลังกาย กลับมาทำร่างกายให้แข็งแรง ให้พร้อมวิ่งได้อย่างเต็มศักยภาพ

Key Entities

Person

Aekniti(เอกนิติ)ℹ️
Deputy Prime Minister and Minister of Finance of Thailand, who provided economic forecasts and commentary.
Mr. Aekniti Nitithanprapas(นายเอกนิติ นิติทัณฑ์ประภาศ)ℹ️
Deputy Prime Minister and Minister of Finance of Thailand, who provided economic forecasts and commentary.

Policy

Quick Big Win
A government economic stimulus measure aimed at boosting consumption and investment in Thailand.
Kon La Kreung Plus Project(โครงการคนละครึ่งพลัส)
A government stimulus project mentioned as a factor supporting private consumption growth.
Tiew Dee Mee Keun Project(โครงการเที่ยวดีมีคืน)
A government stimulus project mentioned as a factor supporting private consumption growth.
State Welfare Card(บัตรสวัสดิการแห่งรัฐ)
A government welfare card program, with an increased budget mentioned as supporting public purchasing power and confidence.
BOI Fast Pass
A measure implemented to facilitate investment, leading to increased capital inflow into the Thai economy.

Organization

S&Pℹ️
A credit rating agency that maintains a positive outlook on Thailand's economic stability and fiscal position.