thailandedition
Thailand's GDP grows 2.4% in 2025 due to Quick Big Win policies

Thailand's GDP grows 2.4% in 2025 due to Quick Big Win policies

Matichon•Economy•22h ago

Reader Briefing

Thailand's GDP surged by 2.4% in 2025, exceeding forecasts due to the 'Quick Big Win' stimulus measures and strong investment.

  • •Thailand's GDP grew by 2.4% in 2025, exceeding predictions, attributed to government stimulus policies like 'Quick Big Win'.
  • •Key drivers of growth in Q4 2025 included a 3.3% expansion in private consumption and a remarkable 8.1% increase in total investment.
  • •Government and private sector investment, particularly in construction and machinery, played a crucial role in boosting economic performance.
  • •Thailand's current account surplus remained strong at 3.1% of GDP, indicating fiscal health.
  • •The outlook for 2026 is for continued growth, with forecasts of at least 2%, potentially reaching over 3% if confidence and investment momentum are maintained.

Overview

  • •On February 16, the Deputy Prime Minister and Minister of Finance announced that Thailand's Q4 2025 GDP grew by 2.5%, leading to 2.4% growth for the full year 2025.
  • •Total investment in the country expanded by 8.1% in Q4 2025, the highest in several quarters, resulting in a significant boost to the economy.
  • •Various government measures, including the 'Kon La Khrueng Plus' and 'Travel with Thai Benefits' projects, were implemented, leading to a 3.3% expansion in private consumption.
  • •Deputy Prime Minister Ek Niti Nitithatprabhas stated that Thailand's economy has emerged from a slump, with nominal GDP nearing 19 trillion baht.
  • •Government investment grew by 13.3% due to accelerated budget disbursement, which in turn stimulated private investment to around 6.5%.
  • •The 'BOI Fast Pass' measure was introduced to unlock investment, facilitating the inflow of both domestic and foreign capital, including FDI.
  • •Thailand's current account surplus was approximately 3.1% of GDP.
  • •For 2026, economic growth is projected to be at least 2%, with potential to exceed 3% if confidence and continuous policy implementation are maintained, according to Ek Niti Nitithatprabhas.

Full article content is available on the original source.

Read on Matichon (Thai Version)View in Google Translate

Source: Matichon (Original)

Key Quotes

Ek Niti Nitithatprabhas
"Previously, Thailand was seen as the sick man of Asia. As the doctor, today we have taken the patient out of the ICU, but the next step is how to make the patient stronger. We must exercise and make the body healthy, ready to run at full potential."
จากเดิมไทยถูกมองเป็นผู้ป่วยแห่งเอเชีย ในฐานะหมอเอก วันนี้คนป่วยเราเอาออกจากไอซียูแล้ว แต่ต่อไปคือจะทำอย่างไรให้คนป่วยกลับมาเข้มแข็งขึ้น เราก็ต้องออกกำลังกาย กลับมาทำร่างกายให้แข็งแรง ให้พร้อมวิ่งได้อย่างเต็มศักยภาพ
Danucha Pichayanan
"Thailand's economy in Q4/2025 has performed very well. I personally admit to being surprised as well, because it grew significantly beyond expectations."
เศรษฐกิจไทยในไตรมาส 4/2025 ถือว่าปรับตัวขึ้นมาได้ดีมาก ตัวเองก็ยอมรับว่าแปลกใจเช่นกัน เพราะโตเกินกว่าคาดการณ์ไว้มากพอสมควร

Key Entities

Person

Ek Niti Nitithatprabhas(เอกนิติ นิติทัณฑ์ประภาศ)ℹ️
Deputy Prime Minister and Minister of Finance of Thailand, who announced the country's GDP growth figures and economic outlook.
Danucha Pichayanan(ดนุชา พิชยนันท์)
Secretary-General of the National Economic and Social Development Council (NESDC) of Thailand, who commented on the GDP growth figures.

Policy

Quick Big Win(ควิก บิ๊ก วิน)
A government stimulus policy credited with boosting Thailand's GDP growth in 2025.
Kon La Khrueng Plus project(โครงการคนละครึ่งพลัส)
A government stimulus measure that contributed to increased private consumption in Thailand.
Travel with Thai Benefits project(โครงการเที่ยวดีมีคืน)
A government tourism stimulus program that supported economic growth in Thailand.
State Welfare Card(บัตรสวัสดิการแห่งรัฐ)
A welfare program for low-income individuals in Thailand, which was expanded to boost purchasing power.
BOI Fast Pass(บีโอไอ ฟาสต์ พาส)
A measure implemented by the Thailand Board of Investment to expedite and facilitate investment processes.

Organization

S&Pℹ️
A credit rating agency that maintains a positive outlook on Thailand's economic stability and fiscal position.
National Economic and Social Development Council(สภาพัฒนาการเศรษฐกิจและสังคมแห่งชาติ)ℹ️
The government agency responsible for economic and social planning in Thailand, which reported on GDP growth.