Publication:
Thailand Monthly Economic Monitor, March 2025

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dc.contributor.authorWorld Bank
dc.date.accessioned2025-03-24T18:00:29Z
dc.date.available2025-03-24T18:00:29Z
dc.date.issued2025-03-24
dc.description.abstractThailand’s economy grew by 3.2 percent year-on-year in Q4 2024, driven by a rebound in public investment and strong electronics exports, while private consumption saw a modest boost from fiscal stimulus. High-frequency indicators in January suggest continued expansion, supported by strong goods exports, improving investment, and a tourism rebound despite global trade uncertainty. The Bank of Thailand lowered the policy rate to 2.0 percent in February to ease debt pressures, while inflation remained within target. Despite a stronger current account balance, financial markets fluctuated, with the Thai baht depreciating in early March on general US dollar strength.en
dc.identifierhttp://documents.worldbank.org/curated/en/099642303172572333
dc.identifier.doi10.1596/42979
dc.identifier.urihttps://hdl.handle.net/10986/42979
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectPUBLIC INVESTMENT REBOUND
dc.subjectFISCAL STIMULUS
dc.subjectTOURISM REBOUND
dc.titleThailand Monthly Economic Monitor, March 2025en
dc.typeBrief
dspace.entity.typePublication
okr.date.disclosure2025-03-24
okr.date.doiregistration2025-04-14T11:55:21.722306Z
okr.date.lastmodified2025-03-21T10:03:38Zen
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099642303172572333
okr.guid099642303172572333
okr.identifier.docmidIDU-19e25e32-1e76-4df0-8ae3-1e83273f2df0
okr.identifier.externaldocumentum40001165
okr.identifier.internaldocumentum40001165
okr.identifier.report197846
okr.import.id6936
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttps://documents.worldbank.org/curated/en/099642303172572333/pdf/IDU-19e25e32-1e76-4df0-8ae3-1e83273f2df0.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryThailand
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topicIndustry::Accommodation & Tourism Industry
okr.topicMacroeconomics and Economic Growth::Economic Modeling and Statistics
okr.unitEFI-EAP-MTI-MacroFiscal-1 (EEAM1)
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