Report by Thailand

Since its previous trade policy review in 2007, the Thai economy has thriven through challenged and crisis and expanded moderately at the annualized rate at 4.5%. Overall, Thailand’s macroeconomic fundamentals have been strong. Despite some risks of political instability and external uncertainties, the economy has performed well as a result of significant growth in investment as well as strong domestic and external demands, in particular from private consumption which continues to grow following higher income and low unemployment rate.