Thailand's GDP Investment Led Strength In Q1 2026

Thailand's GDP grew by 2.8% y/y in Q1 2026, surpassing expectations due to a 10.1% surge in private investment. ANZ subsequently raised its 2026 growth outlook to 2.4% supported by upcoming fiscal stimulus.

Key Takeaways

• 1.Thailand's Q1 2026 GDP growth reached 2.8% y/y, exceeding market expectations of 2.4% y/y, primarily driven by a surge in private investment.
• 2.Private investment grew by 10.1% y/y, fueled by foreign investment in data centers and electric vehicle (EV) production.
• 3.ANZ has upwardly revised its 2026 GDP growth forecast to 2.4% from 1.6%, citing the impact of government stimulus measures like the co-payment scheme.

Table of Contents

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• Thailand's GDP: investment-led strength in Q1 2026
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