Thailand Economy Outlook 2024

Thailand Economy Outlook 2024. The overall outlook for thailand's economy remains optimistic, with the tourism industry leading the way and upcoming government stimulus measures expected to provide. According to pornchai thirawej, director of the fiscal policy office, the thai economy is projected to grow by 2.7% in 2024, maintaining the same forecast range of 2.2%.


Thailand Economy Outlook 2024

Contrary to fears of stagflation or a global recession, advanced and developing economies are expected to grow modestly through 2024 amid high interest rates. Despite a per capita gross domestic product (gdp) of around $7,300 in 2023, thailand has achieved a dramatic reduction in poverty, from 58% in 1990 to 6.3% in 2023,.

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