Thai economy returns to growth in Q4 on exports, tourism | Tourism

Southeast Asia’s second-largest economy expands a seasonally adjusted 1.8 percent in last three months of 2021.

Thailand’s economy returned to growth in the fourth quarter, rebounding more quickly than expected, on robust exports and a recovery in domestic activity following an easing of coronavirus curbs and as borders reopened to foreign visitors.

The government maintained its economic growth outlook at 3.5-4.5 percent, counting on a limited effect from the Omicron-driven coronavirus outbreak, stronger domestic demand, a recovery in tourism and continued support from exports and public investment.

[Is the growth outlook in the line above for 2022?]

In 2021, Thailand’s economy grew 1.6 percent, one of the slowest in Southeast Asia, after a 6.1 percent contraction in 2020.

Southeast Asia’s second-largest economy expanded a seasonally adjusted 1.8 percent in the December…