Thailand : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Thailand

GDP growth is projected to pickup up slightly to 3.0 percent in 2016 and 3.2 percent in 2017, below most other ASEAN economies and Thailand's own historical record. Weak domestic and external demand, coupled with volatile global financial conditions, will remain headwinds, while structural bottlenecks weigh on potential growth. Inflation is expected to remain low in the foreseeable future.