Thailand’s gross domestic product GDP grew a better than expected 3.1% in the first quarter of 2025 compared to the same period a year as the economy was boosted ahead of US president Donald Trump’s so-called Liberation Day’.
Exports grew 15% to $80.4 billion, with exports to most major economies increasing, according to official government data from National Economic and Social Development Council NESCD.
However, despite the good numbers, the NESCD said that the economy was likely to grow only between 1.3% to 2.3% in 2025 compared to a previous estimate of 2.3% to 3.3%, which is in line with the Bank of Thailand...
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