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World Bank Lowers Thailand's 2026 Growth Outlook to 1.7%

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The World Bank lowered its 2026 economic growth forecast for Thailand, citing the impact of higher energy prices, weaker external demand, and heightened uncertainty stemming from the conflict in the Middle East.

In its latest Global Economic Prospects, released Thursday, the international organization said Thailand's gross domestic product is expected to grow 1.7% in 2026, down from its January forecast of 1.8%.

GDP growth is projected to improve to 2.1% in 2027, then accelerate to 2.4% in 2028 as geopolitical uncertainty eases, energy prices stabilize, and external demand recovers.

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