Thailand’s current account deficit shrank to USD 0.5 billion in April 2023 from USD 2 billion in the corresponding month of the previous year, as net services, primary income and secondary income deficit decreased sharply to USD 0.6 billion from USD 2.4 billion a year ago. Meanwhile, trade surplus narrowed to USD 0.08 billion from USD 0.3 billion. In the first four months of the year, the country recorded a current account surplus of USD 3.5 billion, compared to a deficit of USD 4.5 billion in the same period a year earlier. source: Bank of Thailand
Current Account in Thailand averaged 582.38 USD Million from 1991 until 2023, reaching an all time high of 7161.51 USD Million in February of 2016 and a record low of -4086.17 USD Million in April of 2013. This page provides the latest reported value for - Thailand Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Current Account - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
Current Account in Thailand is expected to be 800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Current Account is projected to trend around 2900.00 USD Million in 2024 and 690.00 USD Million in 2025, according to our econometric models.