Publication: Thailand Monthly Economic Monitor, March 2025
dc.contributor.author | World Bank | |
dc.date.accessioned | 2025-03-24T18:00:29Z | |
dc.date.available | 2025-03-24T18:00:29Z | |
dc.date.issued | 2025-03-24 | |
dc.description.abstract | Thailand’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.identifier | http://documents.worldbank.org/curated/en/099642303172572333 | |
dc.identifier.doi | 10.1596/42979 | |
dc.identifier.doi | https://doi.org/10.1596/42979 | |
dc.identifier.uri | https://hdl.handle.net/10986/42979 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | Washington, DC: World Bank | |
dc.rights | CC BY-NC 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | https://creativecommons.org/licenses/by-nc/3.0/igo | |
dc.subject | ECONOMIC GROWTH | |
dc.subject | PUBLIC INVESTMENT REBOUND | |
dc.subject | FISCAL STIMULUS | |
dc.subject | TOURISM REBOUND | |
dc.title | Thailand Monthly Economic Monitor, March 2025 | en |
dc.type | Brief | |
dspace.entity.type | Publication | |
okr.date.disclosure | 2025-03-24 | |
okr.date.doiregistration | 2025-04-14T11:55:21.722306Z | |
okr.date.lastmodified | 2025-03-21T10:03:38Z | en |
okr.doctype | Economic & Sector Work::Economic Updates and Modeling | |
okr.doctype | Economic & Sector Work | |
okr.docurl | http://documents.worldbank.org/curated/en/099642303172572333 | |
okr.guid | 099642303172572333 | |
okr.identifier.docmid | IDU-19e25e32-1e76-4df0-8ae3-1e83273f2df0 | |
okr.identifier.externaldocumentum | 40001165 | |
okr.identifier.internaldocumentum | 40001165 | |
okr.identifier.report | 197846 | |
okr.import.id | 6936 | |
okr.imported | true | en |
okr.language.supported | en | |
okr.pdfurl | https://documents.worldbank.org/curated/en/099642303172572333/pdf/IDU-19e25e32-1e76-4df0-8ae3-1e83273f2df0.pdf | en |
okr.region.administrative | East Asia and Pacific | |
okr.region.country | Thailand | |
okr.topic | Macroeconomics and Economic Growth::Economic Growth | |
okr.topic | Macroeconomics and Economic Growth::Fiscal & Monetary Policy | |
okr.topic | Industry::Accommodation & Tourism Industry | |
okr.topic | Macroeconomics and Economic Growth::Economic Modeling and Statistics | |
okr.unit | EFI-EAP-MTI-MacroFiscal-1 (EEAM1) |
Files
License bundle
1 - 1 of 1