Bank of Thailand Upgrades 2026 GDP Growth Forecast to 2.9 Percent Following Major Manufacturing and Export Data Revisions
Bank of Thailand Governor Vitai Ratanakorn announced that the country’s gross domestic product growth could reach up to 2.9 percent following sweeping statistical revisions to industrial production and factory output figures. Backed by an upgraded export growth forecast of 22 percent and strong global demand for electronics tied to artificial intelligence investments, the central bank expects the updated data to add up to 0.5 percentage points to reported growth, boosting investor confidence despite ongoing pressures on domestic consumption.