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Thailand GDP Growth Rate YoY
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 |
|
|
0 -323816 pips |
33.8847 -15031 pips |
32.38162 |
News (THB)
Thai Manufacturing Sector Accelerates In June - S&P Global
The manufacturing sector in Thailand picked up steam in June, the latest survey from S&P Global showed on Tuesday with a manufacturing PMI score of 51.7.
RTTNews | 3 days ago
Thai Downgrades GDP Growth Outlook
Thailand's economy is projected to expand less than the previous estimate this year as trade tariffs are likely to dampen exports in the second half of the year, the National Economic and Social Development Council said Monday. Southeast Asia's second largest economy is forecast to grow in the range of 1.3 percent to 2.3 percent this year. This was down from the previous outlook of 2.3 percent-
RTTNews | 46 days ago
Thai Manufacturing Sector Continues To Contract - 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 Friday with a manufacturing PMI score of 49.5.
RTTNews | 63 days ago
