2025年第二季度,泰国国内生产总值同比增长2.8%,较第一季度上调的3.2%有所放缓,但超过了2.5%的市场预期。这是自2024年第二季度以来最慢的增长,主要是由于私人消费(2.1%对第一季度的2.5%)和政府支出(2.2%对3.4%)的增长放缓。相比之下,固定资产投资保持强劲,从上一季度的4.7%加速至5.8%。在对外方面,出口增长12.2%(第一季度为12.3%),超过了进口增长10.8%(第二季度为2.1%),对国内生产总值做出了积极贡献。强劲的出口表现部分归因于工厂在美国新征收关税之前加快了发货。在生产方面,非农业部门(2.5%对2.9%)和农业部门(6.0%对6.2%)的增长都有所放缓。2025年上半年,经济增长了3.0%。全年增长率预计在1.8%至2.3%之间,中点预测为2.0%,低于2024年的2.5%。
Thailand’s GDP grew by 2.8% year-on-year in Q2 of 2025, easing from an upwardly revised 3.2% expansion in Q1 but beating market expectations of 2.5%. This marked the slowest growth since Q2 2024, driven by softer increases in private consumption (2.1% vs 2.5% in Q1) and government spending (2.2% vs 3.4%). In contrast, fixed investment remained strong, accelerating to 5.8% from 4.7% in the previous quarter. On the external front, exports rose 12.2% (vs 12.3% in Q1), outpacing imports, which increased by 10.8% (vs 2.1%), contributing positively to GDP. The strong export performance was partly attributed to factories expediting shipments ahead of newly imposed US tariffs. On the production side, growth slowed in both the non-agricultural sector (2.5% vs 2.9%) and the agricultural sector (6.0% vs 6.2%). For the first half of 2025, the economy expanded by 3.0%. Full-year growth is projected to range between 1.8% and 2.3%, with a midpoint forecast of 2.0%, down from 2.5% in 2024.