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World Bank Revises Thailand s GDP Economic Outlook To 3 9 Percent

Thailand s GDP to grow 3 9% in 2023 says World Bank - Thailand Business News

The EAP region's GDP is predicted to accelerate to 5.5% in 2023, with a comeback in China balancing sluggish growth in a number of other economies. Growth in the EAP is predicted to drop to 4.6% and 4.5% in 2024 and 2025, respectively, as China's economy slows and the rest of the region experiences largely stable growth.

Multiple issues slow poverty reduction

Thailand has made remarkable progress in reducing poverty from 58% in 1990 to 6.8% in 2020, driven by high growth rates and structural transformation.

Rural Thailand Faces Largest Poverty Challenges with High Income Inequality

Rural Thailand Faces Largest Poverty Challenges with High Income Inequality
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