Thailand GDP Growth Rate QoQ
Thailand is a growing market with a strong focus on exports. Consequently, manufacturing ranks first in importance, accounting for 34% of total GDP. Services account for approximately 44% of GDP. Wholesale and retail trade (13% of GDP); transportation, storage, and communication (7% of GDP); hotels and restaurants (5% of GDP), and public administration, defense, and social security (4.5% of GDP) are the most important services in the economy. Agriculture makes a substantial contribution as well, accounting for approximately 13% of GDP.
A higher than expected figure should be seen as positive (bullish) for the THB while a lower than expected figure should be seen as negative (bearish) for the THB.
Forex Sentiment (THB)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDTHB |
|
|
36.8485 -1131 pips |
36.9697 -81 pips |
36.96164 |
News (THB)
Thailand Manufacturing PMI Ebbs In April - S&P Global
The manufacturing sector in Thailand continued to contract in April, and at a faster pace, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 48.6.
RTTNews | 6 days ago
Thai Manufacturing PMI Weakens Further In February - S&P Global
The manufacturing sector in Thailand continued to contract in February, and at a faster pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 45.3.
RTTNews | 68 days ago
Thai GDP Growth Misses Expectations; Govt Cuts Growth Outlook
Thailand's economy grew less than expected in the fourth quarter adding pressure on the central bank to cut its interest rates amid negative inflation. The economy expanded 1.7 percent on a yearly basis in final quarter of 2023, the National Economic and Social Development Council said Monday. This was faster than the 1.4 percent rise seen in the third quarter.
RTTNews | 79 days ago
