Bangkok Post – Thai 2023 GDP expands at 1.9%, slower than expected

February 19, 2024

PUBLISHED : 19 Feb 2024 at 10:25

People shop at a market in Bangkok on Oct 2, 2023. Thailand’s gross domestic product expanded by 1.9% last year, according to the National Economic and Social Development Council. (Photo: Reuters)

Thailand’s gross domestic product (GDP) grew 1.9% in 2023, the National Social and Economic Development Council (NESDC) said on Monday, as higher tourist numbers and private consumption were undercut by falls in manufacturing and public spending.

The weaker-than-expected…