Banking

The global economy is slowing, with a projected growth of 2.3% in 2025-2026, affected by trade tensions and uncertainty. Thailand’s growth may drop to 1.4% in 2026, influenced by weak exports, investment delays, and rising geopolitical risks.

Recent severe flooding in Hat Yai highlights Thailand’s unpreparedness for climate change, exacerbating flooding and droughts. With increased rainfall extremes, rising sea levels, and heightened water demands, urgent investments in water management and infrastructure are crucial to safeguard communities and the economy.

In October 2025, Thailand’s merchandise exports valued at USD 28.8 billion grew 5.7% YOY, below expectations. Electronics and US shipments drove growth, while gold exports sharply declined. Imports surged, causing a significant trade deficit of USD 3.4 billion.