World Bank cuts Thai GDP growth outlook to 2.8% this year

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World Bank cuts Thai GDP growth outlook to 2.8% this year

BANGKOK - Thailand's economic growth is expected at 2.8% this year before accelerating to 3.0% in 2025, the World Bank said on Monday.

The growth outlook for 2024 and 2025 was reduced from 3.2% and 3.1% respectively, as forecast in December. Southeast Asia's second-largest economy expanded 1.9% in 2023.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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