Thailand Economy Estimated to to Grow by 3% in 2025

Thailand's economy is expected to grow 3 per cent in 2025, supported by private consumption, exports, investment and tourism, the finance ministry said on Thursday.

Southeast Asia's second-largest economy is seen growing 2.7 per cent this year, said the ministry, maintaining a previous forecast.

Growth was 1.9 per cent last year, lagging regional peers.

Thailand expects 36 million foreign tourist arrivals this year and 39 million foreign tourists in 2025, the ministry said.

Exports this year were seen growing 2.9 per cent, stronger than a previous forecast of 2.7 per cent. Exports in 2025 are expected to grow 3.1 per cent, the ministry said.