Try GOLD - Free
ADB cuts Thai GDP outlook
Bangkok Post
|October 01, 2025
Forecast for 2% growth in 2025
The Thai economy is projected to slow in the second half of 2025 and next year as US tariff hikes reduce exports, weaken private consumption, and reduce private investment, according to ADB.
The Asian Development Bank (ADB) has lowered its Thai GDP growth estimates for this year and next, citing export deceleration, a slow recovery of foreign tourist arrivals, as well as weakened private consumption and investments.
In its latest Asian Development Outlook (ADO) report, the Manila-based bank projects Thai GDP to expand 2% this year, down from 2.9% forecast in April, with the economy slowing in the second half as front-loaded shipments to the US end.
Economic growth is expected to slow further to 1.6% in 2026, down from the bank's previous forecast of 2.9%.
This story is from the October 01, 2025 edition of Bangkok Post.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Bangkok Post
Bangkok Post
Futures Focus
The SET50 Index closed last week at 827.81 points, a decrease of 10.04 points, or 1.2% from the previous week.
1 min
December 15, 2025
Bangkok Post
Gunman kills two at US university
Brown on lockdown as cops seek suspect
2 mins
December 15, 2025
Bangkok Post
Oil Market Outlook
Oil prices fell last week amid bearish sentiment about oversupply, though losses were limited by concern about geopolitical tensions centred on Ukraine and Venezuela.
2 mins
December 15, 2025
Bangkok Post
OR Seeding the Future ASEAN Camp 2025: Empowering ASEAN Youth to Shape the Future
International collaboration acts as a \"gateway\" that opens doors to knowledge exchange, innovation, and regional development.
2 mins
December 15, 2025
Bangkok Post
People’s Party not ready for big league
Alas, the reformist People’s Party (PP) has shot itself in the foot, once again.
5 mins
December 15, 2025
Bangkok Post
HK's last opposition party to vote on fate
Democrats to shut down after 30 years
1 mins
December 15, 2025
Bangkok Post
Death toll from floods passes 1,000
Devastating floods and landslides have killed 1,006 people in Indonesia, rescuers said on Saturday as the Southeast Asian nation grapples with the huge scale of relief efforts.
1 mins
December 15, 2025
Bangkok Post
Police foil plot to attack holiday fair
German authorities said on Saturday they had arrested five men on suspicion of involvement in an Islamist plot to plough a vehicle into people at a Christmas market.
1 min
December 15, 2025
Bangkok Post
Salah silences the noise as Reds cling to hope
Arsenal grab last-gasp win against Wolves
2 mins
December 15, 2025
Bangkok Post
Leadership at the Edge
The Bangkok Post announces the launch of Bangkok Post CEO of the Year 2025, presented under the theme “Leading at the Edge”, recognising chief executives whose leadership stands out in an era of rapid change and constant disruption.
1 min
December 15, 2025
Listen
Translate
Change font size