Economic Overview
According to the Bank of Thailand, Thailand’s economy is projected to grow by 2.3% in 2026 and 1.8% in 2027, supported by exports and private investment, particularly in technology, digital-related sectors, data centers, and electric vehicles. However, growth remains low and uneven, with private consumption constrained by elevated living costs and slower income growth.
Headline inflation is projected to average 2.8% in 2026 and 1.4% in 2027, driven mainly by higher energy and production costs in 2026 before easing in 2027. Core inflation is forecast at 1.5% in 2026 and 1.4% in 2027.
Projection for Growth and Inflation
| Percentage Per Year | 2025 | 2026F | 2027F |
|---|---|---|---|
| GDP Growth | 2.4 | 2.3 | 1.8 |
| Headline Inflation | -0.1 | 2.8 | 1.4 |
| Core Inflation | 0.8 | 1.5 | 1.4 |
Note: F = Forecast
More information from the Monetary Policy Forum 2/2026 can be found at Bank of Thailand – Economic Outlook .
Source: Bank of Thailand
Monthly Economic Report
The Thai economy expanded by 2.4% in 2025 and is projected to grow by 2.0–2.5% in 2026. Growth is expected to be supported by strong private investment, continued expansion of domestic consumption, robust merchandise exports—particularly electronics—and continued momentum from government spending and investment.
Private consumption is projected to grow by 2.6%, while private investment is expected to expand by 9.6%, driven by continued investment in machinery and equipment and strong investment promotion activity, particularly in the digital, electronics, and electrical appliance sectors.
Thailand Economic Forecast in 2026
| Growth Rate (% YOY) | 2025 | 2026F |
|---|---|---|
| GDP | 2.4 | 2.5 |
| Real Private Consumption | 2.7 | 2.7 |
| Real Private Investment | 3.5 | 9.0 |
Note: F = Forecast
Additional details from the latest Fiscal Policy Report can be found at Fiscal Policy Office – Thailand Economic Projections .
Source: Fiscal Policy Office
