International Reserves in Thailand

Thailand International Reserves | Economic News & Forecasts

Thailand - International Reserves

Economic growth should have rebounded in the third quarter as cheap credit conditions likely supported activity. However, exports fell amid contracting manufacturing and agricultural output, weighed on by a strong baht, and private consumption growth likely cooled. Consumer sentiment soured and non-farm incomes fell; however, the implementation of fiscal stimulus measures in October that target boosting households’ purchasing power bodes well for private consumption going forward. Meanwhile, the 16-party coalition government survived a key budget vote in mid-October. That said, the bill still needs to pass a second and third reading in January 2020 before being granted royal approval and, if it fails to pass, snap elections will likely be called. A key hurdle is the discretionary budget which would be at the hands of the prime minister.

Thailand - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)167  157  157  172  203  

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Thailand International Reserves Chart

Thailand International Reserves
Note: International reserves in months of imports.
Source: Bank of Thailand and FocusEconomics calculations.

Thailand Facts

Exchange Rate30.150.17 %Nov 21
Stock Market1,592-1.41 %Nov 21

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