The Asian Development Bank upgraded Thailand's 2026 GDP growth forecast from 1.8% to 2.0%, driven by stronger-than-expected exports (especially tech-related goods) and private investment expansion. The 2027 forecast was slightly trimmed to 1.9% due to anticipated slowdown in global tech demand. Inflation is expected to ease to 2.5% in 2026 from 2.9%, with downside risks including geopolitical tensions, limited fiscal space, and El Niño impacts on agriculture.