Thailand’s central bank has estimated that the country’s economy grew by 2.2 per cent in 2025 but warned that growth is likely to slow in 2026 and 2027. This was stated in the minutes of the central bank’s latest policy meeting, released on Tuesday.
The policy committee said economic momentum is expected to weaken, and added that monetary policy could be eased further if clearer signs of a slowdown emerge. It noted that risks to growth have increased amid both domestic and global uncertainties.
The committee said headline inflation is expected to remain low, mainly due to supply-side factors such as stable energy and food prices. Policymakers also raised concerns about the appreciation of the Thai baht, warning that a stronger currency could hurt exporters, particularly small and medium-sized enterprises.
In addition, the central bank said Thailand’s economy continues to face prolonged cyclical pressures, along with structural challenges and ongoing uncertainties. These factors could weigh on economic performance in the coming years, the committee cautioned, highlighting the need for careful policy support to sustain growth.
