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Knowledge Assets
Knowledge Assets
Thai Economic Growth Forecast
Thai Economic Growth Forecast for 2018
Key Economic Indicators
(% Excepted indicated otherwise)
2016
2017
2018 f
Base Case
Projection Range
GDP growth
3.2
3.9
4.0
3.5 - 4.5
Private consumption
3.1
3.2
3.0
2.5 - 3.5
Public consumption
1.7
0.5
1.0
0.0 - 3.0
Investment
2.8
0.9
4.3
2.0 - 6.5
- Private
0.4
1.7
3.0
1.0 - 5.0
- Public
9.9
-1.2
8.0
5.0 - 11.0
Exports (Customs base in US Dollar)
0.5
9.9
4.5
2.0 - 7.0
Imports (Customs base in US Dollar)
-4.2
14.7
8.0
4.0 - 10.0
Headline inflation
0.2
0.7
1.1
0.6 - 1.5
Average Dubai crude oil price
41.3
52.0
55.0
52.0 - 60.0
Source: NESDB, Ministry of Commerce and KResearch projection (As of December 19, 2017)
GDP
Detail
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