Updated
Updated · VnExpress International · Jun 14
JSCCIB Lifts Thailand 2026 GDP Forecast to 2% as Exports Jump 18.9%
Updated
Updated · VnExpress International · Jun 14

JSCCIB Lifts Thailand 2026 GDP Forecast to 2% as Exports Jump 18.9%

1 articles · Updated · VnExpress International · Jun 14

Summary

  • Thailand’s main business group raised its 2026 GDP outlook to 2% from a previous 1.2%-1.6% range and lifted its export growth forecast to 8%-10% from zero.
  • An 18.9% rise in exports in the first four months, including a 48.4% surge in technology-related shipments, and the 170 billion baht Thais Help Thais Plus stimulus underpinned the upgrade.
  • JSCCIB still warned the economy remains K-shaped, with tech expanding strongly while many businesses face high costs, possible supply shortages and weak purchasing power.
  • It also raised its inflation forecast to 2.5%-3% from 2.0%-3%, reflecting mounting input costs and pressure on consumers from higher living expenses.

Insights

Why is Thai consumer confidence at a global low despite a record-breaking surge in the country's technology exports?
With conflicting expert forecasts, is Thailand’s economy truly recovering or heading towards a deeper, more hidden crisis?
Is Thailand's massive stimulus package inadvertently crushing the small businesses it was intended to save?