People shop at Bang Kapi Market using the government's co-pay scheme, which the IMF believes will lift the country's economic growth. (Photo: Varuth Hirunyatheb)
The International Monetary Fund (IMF) has upgraded Thailand's GDP growth forecast to 1.9% from 1.5%, supported by the government's stimulus measures.According to the IMF's World Economic Outlook Update released on Wednesday, the uptick reflects the emergency fiscal measures and is supported by robust technology-related exports and investment.
The lender also raised its 2027 growth forecast for Thailand by 0.1 percentage points to 2.2%.
In its latest outlook, the IMF upgraded the growth forecast for Vietnam by 0.4 percentage points for 2026, rising to 7.5% thanks to robust technology exports and strong domestic demand.
The report maintained its growth forecasts for Malaysia and Indonesia at 4.7% and 5.0%, respectively.
