Fiscal Balance in Thailand

Thailand Fiscal Balance | Economic News & Forecasts

Thailand - Fiscal Balance

A more challenging external environment, owing to lingering trade tensions, likely continued to hamstring the economy in the second quarter. Exports, a key driver of the manufacturing sector, contracted at an accelerated pace in April–May compared to the first quarter. Moreover, manufacturing output also continued to falter in the same period. More positively, private consumption remained robust through May amid still-weak inflation. On 10 July, a new cabinet was installed that should largely see policy continuation; however, given the coalition’s slim majority and sheer number of parties, governing could prove difficult. A large stimulus package is expected and large-scale projects are likely to go ahead. This should help boost the economy going forward.

Thailand - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-1.9  -2.9  -2.9  -2.7  -3.5  

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Thailand Facts

Bond Yield1.970.0 %Jul 11
Exchange Rate30.570.17 %Jul 11
Stock Market1,740-1.41 %Jul 11

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