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Thailand's GDP Rises 2.8% Year-Over-Year in Q1, Exceeding Expectations

GateNews

2026-05-18 03:09:36

According to Thailand’s National Economic and Social Development Council, the country’s GDP rose 2.8% year-over-year in Q1 2026, exceeding market expectations. Government spending, investment, and improved exports were cited as the primary drivers of growth, while private consumption remained stable. The result places Thailand’s economic performance on par with the Philippines for the quarter, though still trailing other Southeast Asian economies including Singapore, Vietnam, Malaysia, and Indonesia.

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