17 February 2026 Emerging Asia Monitor Thailand's hot Q4 GDP thanks in large part to the interim government

GDP growth in Thailand leapt unexpectedly in Q4, to 2.5% from the post-pandemic low of 1.2% in Q3…
…But this was largely due to a resumption of normal government business, as well as its mini-stimulus.
We still see a broad slowdown this year, but have raised our 2026 forecast to 2.2% from 1.8%.

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence