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Thailand's Growth Paradox: Investment and Exports Boom, but Prosperity Lags

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Thailand's Growth Paradox: Investment and Exports Boom, but Prosperity Lags

Something curious happened to Thailand's economy in the second quarter of 2026. How can exports rise by nearly 18%, private investment surge by more than 13%, and inventories accumulate at record levels, while GDP grows less than 2%?

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Summary

THE OPINION

At the same time, one of the least-discussed components in the national accounts, change in inventories, played an unusually large role in keeping GDP growth positive. While inventories typically contribute little to GDP growth, this time they became one of the largest contributors.

Read full article at Nation Thailand →