Fiscal Balance in Thailand
Thailand - Fiscal BalanceEconomic 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 - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-4.2||-1.2||-0.8||-4.1||-2.2|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||2.67||-0.74 %||Apr 05|
|Exchange Rate||34.46||0.31 %||Apr 05|
|Stock Market||1,582||-0.11 %||Apr 05|
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April 24, 2017
In March, the trade balance recorded a USD 1.6 billion surplus.
April 3, 2017
In March, consumer prices in Thailand declined 0.46% on a month-on-month basis, contrasting the 0.04% increase recorded in February.
March 31, 2017
In February, the trade balance recorded a USD 1.6 billion surplus.
March 30, 2017
In February, manufacturing production decreased 1.5% from the same month last year, which contrasted the 2.2% rise in January and marked the worst result in seven months.
March 29, 2017
At its 29 March monetary policy meeting, the Bank of Thailand (BoT) unanimously decided to keep the one-day repurchase rate at 1.50%, where it has been for nearly two years.