Economy

Thailand's 2023 GDP growth slows to 1.9% on weak exports

2024 growth forecast downgraded after worse-than-expected Q4 figures

20240217 WatArun tourists

Tourists pose for a photo at Wat Arun in Bangkok on Jan. 2. Tourism recovery buoyed economic growth but weak exports still weighed on Thailand. (Photo by Hiroki Endo)

APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer
February 19, 2024 11:39 JST
Updated on February 19, 2024 13:38 JST

BANGKOK -- The Thai economy expanded 1.9% in 2023, slowing from a revised 2.5% growth the previous year due to weak exports, official data released on Monday showed.

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