Thailand's gross domestic product grew by 2.4 percent year-on-year in the third quarter of 2019, following a 2.3 percent expansion in the previous period but below market consensus of 2.6 percent. TEForecast The Gross Domestic Product (GDP) in Thailand contracted 1.8 % YoY in Mar 2020, following a growth of 1.5 % in the previous quarter.
It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. Thailand is an export oriented emerging economy. On the production side, nonagricultural output contracted (-3.1% vs 1.2%), due to declines in both the industrial sector (-1% vs -0.4%) and services (-4% vs 1.8%); while agricultural activity bounced back (0.4% vs -5.8% in Q4).Thailand's economy grew by 0.2 percent quarter-on-quarter in the three months to December 2019, the same as an upwardly revised figure in the previous quarter but missing market consensus of a 0.4 percent expansion.Thailand's economy grew 0.1 percent quarter-on-quarter in the three months to September 2019, after a downwardly revised 0.4 percent expansion in the previous period, in line with market expectations. Government spending and fixed investment rose faster, and net external contributed positively to GDP growth. This marked the lowest quarterly growth rate since a 0.4 percent contraction in the September quarter 2018, as private consumption growth was nearly steady, while there was a decline in both government spending and gross fixed capital formation.Thailand is an export oriented emerging economy. IMF sees Thailand’s growth down 6.7 percent in 2020 – Thailand Business News GDP Growth Rate QoQ Reference
Thailand: Central Bank stands pat in June. Thailand's gross domestic product shrank by 1.8 percent year-on-year in the first quarter of 2020, following a downwardly revised 1.5 percent expansion in the previous period and better than market consensus of a 4 percent contraction. This page provides - Thailand GDP Annual Growth Rate - actual … The data reached an all-time high of 15.3 % in Dec 2012 and a record low of -12.2 % in Jun 1998. Services constitute around 44 percent of GDP. Thailand is an export oriented emerging economy. Instant access to full history data in excel The bank had expected the economy to expand 2.9% this year in its economic report on Thailand in October. Meanwhile, fixed investment dropped at the The data reached an all-time high of 15.3 % in Dec 2012 and a record low of -12.2 % in Jun 1998. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. GDP Growth Rate QoQ Unlimited access tailored to your data needs GDP Growth Rate QoQ This was the worst economic downturn since the fourth quarter 2011, as both supply and demand took a hit from the pandemic crisis.
Instant access to full history data in excel There is no data available for your selected dates.There is no data available for your selected dates. Household spending growth moderated to 3.0% year-on-year in Q1 from 4.1% in Q4 2019, while government spending contracted 2.7% (Q4 2019: -0.9% yoy). FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Government spending and fixed investment rose faster, and net external contributed positively to GDP growth. Q1's reading marked the sharpest decrease since Q4 2011.
Thailand gdp growth rate for 2019 was 2.37%, a 1.78% decline from 2018. Agriculture also makes a significant contribution - around 13 percent of GDP. For 2019 full year, the economy grew 2.4 percent, compared to an upwardly revised 4.2 percent growth in 2018, the weakest since 2014, and missing the government’s 2.7 – 3.2 percent target range. Labour Employment Change Employment Rate Labor Force Participation Rate Labour Costs Long Term Unemployment Rate Minimum Wages Population Retirement Age Men … When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. As a result, manufacturing is the most important sector and accounts for 34 percent of GDP. API.
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