Fiscal Balance in Thailand

Thailand Fiscal Balance | Economic News & Forecasts

Thailand - Fiscal Balance

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 - Fiscal Balance Data

2012  2013  2014  2015  2016  
Fiscal Balance (% of GDP)-4.2  -1.2  -0.8  -4.1  -2.2  

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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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