Bangkok: Thailand’s agricultural GDP has experienced a growth of 3.3%, and further expansion of 2-3% is anticipated in the coming year.

According to Thai News Agency, the Office of Agricultural Economics (OAE) has projected Thailand’s agricultural GDP to grow by 3.3 percent in 2025 compared to the previous year. This growth is attributed to consistent rainfall, adequate water resources, favorable weather conditions, and improved farm management practices. The OAE also predicts continued growth of 2-3 percent in 2026, despite several risk factors.

Mr. Peerapan Kothong, Acting Secretary-General of the OAE, detailed the positive influences contributing to this growth, including continuous rainfall providing sufficient water for agriculture, the absence of severe drought in weather conditions, improved farm management, increased global demand for agricultural products, and supportive government policies promoting markets, innovation, and income.

Despite these positive factors, the agricultural sector faces challenges such as damages caused by typhoons “Vipha” and “Kajiki,” trade barriers and import tariff policies by the United States, the appreciation of the Thai baht affecting competitiveness, and international conflicts impacting supply chains. While sectors such as crops, livestock, agricultural services, and forestry have expanded, the fisheries sector has contracted due to ongoing cost and environmental pressures.

Looking ahead to 2026, the OAE forecasts a 2-3 percent growth in agricultural GDP, supported by increased water reserves, rising global demand for agricultural products driven by food security concerns, and continued implementation of government policies. However, the growth rate is expected to be lower than in 2025 due to a high baseline for comparison, uncertainty in weather conditions, and pressures from external factors such as import tariffs and new trade barriers. The appreciation of the Thai baht continues to pose challenges to export competitiveness.