AEIR 2017

The Thai economy expanded by 3.5% in the first half of 2017 as stronger-than-expected growth in agriculture and exports offset subdued investment. Trends in the first half of the year indicate that GDP growth for the full year 2017 is likely to come in at 3.5%.

With exports continuing to gather momentum and the government prioritizing the stepped-up implementation of public investment projects, growth in 2018 will likely edge up to 3.6%. Risks to the economic outlook for 2018 are volatility in international financial markets and the fragile domestic political situation.

Source: Asian Development Outlook 2017, ADB.
Latest Month-Ago Year-Ago
Composite Stock Price Index 1 1.0 (Dec17)1.0 1.0
Broad Money Growth 2 4.6 (Nov17)4.2 4.4
Headline Inflation Rate 3 -2.3 (Dec17)-2.1 1.1
Industrial/ Manufacturing Production Growth Rate 3 4.2 (Nov17)-0.3 3.9
Merchandise Export Growth 3 13.4 (Nov17)13.1 10.2
Exchange Rate Index 4 82.6 (Dec17)83.2 90.5
1 Monthly average, local index.
2 %.
3 y-o-y, %.
4 Monthly average, January 2006 = 100, $/local currency.
Source: Bloomberg LP; CEIC database; Bank of Thailand; Customs Department.