Bangkok: The Thai Chamber of Commerce indicates that GDP growth of 2.4% is projected in 2025, a positive sign supporting the government's continued pursuit of economic policies.
According to Thai News Agency, the National Economic and Social Development Council (NESDC) projected Q4 2025 GDP growth of 2.5%, with a full-year growth of 2.4%. The Chamber supported the government's continued economic policies, emphasizing fiscal stability coupled with economic stimulus, and is preparing to discuss with the Board of Investment (BOI) how to attract quality investment.
Dr. Poj Aramwattananon, Chairman of the Thai Chamber of Commerce and the Federation of Thai Chambers of Commerce, revealed that the NESDC's report of a 2.5% year-on-year GDP growth in the fourth quarter of 2025, and a 1.9% quarter-on-quarter growth, is a clear positive sign that the Thai economy can accelerate in the final quarter under the administration of Prime Minister Anutin Charnvirakul, compared to only 1.2% growth in the third quarter.
These figures project Thailand's economy to grow by approximately 2.4% in 2025, exceeding the initial forecast of 2.0-2.2%. This reflects the impact of economic stimulus measures under Prime Minister Anutin's administration, particularly the close oversight of economic policy by Deputy Prime Minister and Minister of Finance, Dr. Ekniti Nitithanprapas. Dr. Nitithanprapas accelerated key measures in the fourth quarter, including the "Half-Price Plus" project, accelerated investment through the BOI, and expedited budget disbursement and various investment projects. Furthermore, the contributions of Commerce Minister Supajee Suthamphan, who not only supported negotiations with the United States but also expanded international markets and negotiated with China, and Foreign Minister Sihasak Phuangketkaew, who resolved border conflicts and employed proactive economic diplomacy to re-enter the international arena, have significantly boosted domestic spending, strengthened confidence, and created momentum for economic growth. Production, the industrial and service sectors have all improved, while private consumption, government spending, and private investment play crucial roles in the recovery.
The Thai Chamber of Commerce believes that the positive momentum should be systematically built upon, particularly through regular weekly meetings of the Economic Cabinet with the private sector. These meetings should define strategic directions, clearly monitor key indicators, and expedite policy decisions in response to volatile global circumstances.
For 2026, the NESDC has revised its growth forecast upwards to 2.0%, despite remaining risks from the global economy and the trade situation, including the Thai baht exchange rate. However, if the government can maintain momentum from consumption, investment, and efficient budget management, it is believed that the Thai economy has the potential for continued growth in the long term. The private sector recognizes the importance of strategic issues such as maintaining fiscal stability and discipline coupled with economic stimulus, accelerating infrastructure investment, and attracting high-quality investment. The Chamber of Commerce is preparing to discuss with the BOI to support this. In addition, upgrading the competitiveness of SMEs and the export sector to regain competitiveness, and finally, strengthening investor confidence, both domestic and international, through clear policy directives that will be released once the government is formed, are crucial. Thailand still has many challenges that need to be addressed collaboratively to ensure economic recovery and cope with the ever-changing global economy.
The Thai Chamber of Commerce and the Federation of Thai Chambers of Commerce are ready to work closely with the new government following the election within the framework of public-private partnerships to drive the Thai economy towards stable, competitive, and sustainable long-term growth.