Current Account in Thailand

Thailand Current Account (USD bn) | Economic News & Forecasts

Thailand - Current Account (billions of U.S. Dollars)

Economic activity in Thailand has been broadly stable in recent weeks and is set to continue humming along steadily this year. The external sector started the year with healthy growth in both exports and imports, reflecting the gradual acceleration of trade flows in the region. Although imports drag on overall growth, improving Thai demand for foreign shipments is encouraging after three consecutive years of declining imports, showing that domestic activity is picking up. In fact, the manufacturing sector managed to close 2016 with an expansion after two years of contractions, underpinning the improvement of the economy. Despite these uplifting signs, structural challenges persist and reforms are essential for the economy to achieve more sustained, broad-based growth and become resilient to exogenous shocks.

Thailand - Current Account (USD bn) Data

2012  2013  2014  2015  2016  
Current Account Balance (USD bn)22.2  11.5  9.4  -1.6  -4.9  

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Thailand Current Account (USD bn) Chart

Thailand Current Account
Note: Current account balance as % of GDP.
Source: Bank of Thailand and FocusEconomics calculations.

Thailand Facts

Bond Yield2.67-0.74 %Apr 05
Exchange Rate34.460.31 %Apr 05
Stock Market1,582-0.11 %Apr 05

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