Thailand's economy showed resilience in the final months of 2026, revising 2.2% growth upward from earlier forecasts, driven by private investment and exports. However, 2027 outlook reveals critical structural shifts: private consumption is stalling (Q2 growth only 1.9%), while private investment is becoming the new growth engine. A severe K-shaped inequality is intensifying—top 1% corporations recovered 30-40% above pre-COVID levels with strong financial buffers, while SMEs remain below 2019 baselines with stalled credit access (16 consecutive quarters of negative growth). Tech/electronics and AI sectors concentrate gains, while most other sectors diverge, limiting broad-based employment benefits despite strong headline GDP projection of 2.1% for 2027.
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