Thai GDP grew 2.6% in 2022 as slow exports outweighed tourism gain

Slumping trade behind country's tepid October-December 1.4% rise

Tourists at Bangkok's Suvarnabhumi Airport in Bangkok on Jan. 4. The recovery in tourism has helped the Thai economy but exports remain in a slump. © Reuters

FRANCESCA REGALADO, Nikkei staff writer

February 17, 2023 11:38 JST

Updated on February 17, 2023 12:59 JST

BANGKOK -- The Thai economy expanded 2.6% in 2022, undershooting expectations that were already modest as a strong recovery in tourism and domestic consumption failed to offset slumping exports.