Thai economy to shake off risks in 2025 but growth limited

Quick Summary:

The National Economic and Social Development Council (NESDC) expects the Thai economy to sustain its upward momentum in 2025 despite growing risks, from a projected 2.6% growth rate this year, up from 1.9% in 2023.

For next year, the NESDC expects private consumption and investment to increase by 3% and 2.8%, respectively.

According to Danucha Pichayanan, secretary-general of the NESDC, the Thai economy is projected to grow between 2.3% and 3.3% in 2025, with a midpoint estimate of 2.8%.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: 2025 Thai Year Investment Quarter Economy Growth Projected Expects

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 18:01:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 752 words

Reading Time: 5 minutes read

Sentences: 28 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23664201

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 13 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 8 hours ago

Coverage Areas: Thailand

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News Language: English

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Publisher ID: #66

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