Bangkok Post
IMF raises Thai GDP growth forecast
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The International Monetary Fund (IMF) has upgraded Thailand's GDP growth forecast to 1.9% from 1.5%, supported by the government's stimulus measures.
Key facts
- The International Monetary Fund (IMF) has upgraded Thailand's GDP growth forecast to 1.9% from 1.5%, supported by the government's stimulus measures.
- The lender also raised its 2027 growth forecast for Thailand by 0.1 percentage points to 2.2%.
- In its latest outlook, the IMF upgraded the growth forecast for Vietnam by 0.4 percentage points for 2026, rising to 7.5% thanks to robust technology exports and strong domestic demand.
- However, the IMF cut its 2026 growth forecast for the Philippines by 0.2 percentage points to 3.9%.
- Globally, the group projects economic growth of 3.0% in 2026 and 3.4% in 2027, down from the average of 3.5% recorded in 2024-2025 and broadly unchanged on a cumulative basis from its April projections.
- The report maintained its growth forecasts for Malaysia and Indonesia at 4.7% and 5.0%, respectively.
Summary
According to the IMF's World Economic Outlook Update released on Wednesday, the uptick reflects the emergency fiscal measures and is supported by robust technology-related exports and investment.
The lender also raised its 2027 growth forecast for Thailand by 0.1 percentage points to 2.2%.