Current Account in Thailand

Thailand Current Account | Economic News & Forecasts

Thailand - Current Account

The economy shifted into a higher gear in the fourth quarter of last year on the back of a solid performance by the domestic economy and a softer drag on the economy from the external sector. Although the acceleration in the pace of growth had been anticipated due to robust monthly data, the tempo at which the economy grew exceeded market analysts’ expectations. Delving more deeply into the quarterly drivers, domestic demand was carried by private consumption and fixed investment, while the external sector benefited from a rebound in exports amid softer import growth. The new year also seemed to kick off on a good footing: Sentiment among businesses and firms rose in January while the manufacturing PMI continued to indicate improving operating conditions, albeit at a slightly softer pace than in December.

Thailand - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-1.2  3.7  8.0  11.7  10.6  

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Thailand Current Account Chart


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

Thailand Facts

ValueChangeDate
Bond Yield2.520.0 %Mar 11
Exchange Rate31.660.17 %Mar 11
Stock Market1,627-1.41 %Mar 11

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