Krungsri Research

Krungsri Research's Forecast

Krungsri Research's Forecast 2024 2025 2026
GDP growth (YoY %) 2.2 2.9 2.4
Private Consumption Expenditure (YoY %) 6.7 4.4 2.6
Government Consumption Expenditure (YoY %) -4.6 2.5 0.6
Private Investment (YoY %) 3.1 -1.9 3.5
Public Investment (YoY %) -4.2 4.5 8.9
Nominal Exports in USD (f.o.b.) (YoY %) -1.5 5.9 12.7
Nominal Imports in USD (f.o.b.) (YoY %) -3.7 5.5 13.0
Current Account Balance (USD, bn) 8.5 11.6 17.4
Tourist Arrivals (Mn, persons) 28.1 35.5 33.0
Headline Inflation (YoY %) 1.2 0.4 -0.1
Policy Interest rate (end of period) (%) 2.50 2.25 1.25
Dubai crude price - period average (USD/bbl) 82 80 68
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