---
title: "Thailand economic outlook for 2015 by TIM LOGISTICS (Thailand)"
canonical_url: "https://www.pancoworld.com/member-news/thailand-economic-outlook-for-2015-by-tim-logistics-thailand"
last_updated: "2026-07-10T09:10:21.793Z"
locale: en
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  description: "Thailand remains under control by NCPO (Nation Council for Peace and Order) after the coup in May 2014, elections are unlikely before 2016. Big infrastructure projects and the return of a political st..."
  "og:description": "Thailand remains under control by NCPO (Nation Council for Peace and Order) after the coup in May 2014, elections are unlikely before 2016. Big infrastructure projects and the return of a political st..."
  "og:title": "Thailand economic outlook for 2015 by TIM LOGISTICS (Thailand)"
  "twitter:description": "Thailand remains under control by NCPO (Nation Council for Peace and Order) after the coup in May 2014, elections are unlikely before 2016. Big infrastructure projects and the return of a political st..."
  "twitter:title": "Thailand economic outlook for 2015 by TIM LOGISTICS (Thailand)"
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PANCO Group home

Industry Insights14 Jan 2015

# Thailand economic outlook for 2015 by TIM LOGISTICS (Thailand)

By PANCO Group

Thailand remains under control by NCPO (Nation Council for Peace and Order) after the coup in May 2014, elections are unlikely before 2016. Big infrastructure projects and the return of a political stability will see GDP growth recover in 2015 (forecast 4%), after a slowdown in 2014 (1%).![TIM\_THAILAND\_NEWS\_2015\_1](https://cdn.pangea-network.com/2016/04/TIM_THAILAND_NEWS_2015_1.png)![TIM\_THAILAND\_NEWS\_2015\_2](https://cdn.pangea-network.com/2016/04/TIM_THAILAND_NEWS_2015_2.png) Exports will pick up in 2015 (4-5% by volume) in line with better growth in the major industrial economies, and tourism will recover from a contraction this year, but imports will also rebound (1-2% by volume). Baht depreciate, from THB 32.40/ $1 in 2014 to THB 32.65/ $1 in 2015, will encourage exportation and an expected increase of domestic consumption will also encourage importations. By industries there will be a rise in sectors as Automotive, Resin, Rice and Foodstuffs, e-Goods, Rubber, Poultry despite a fall in Furniture and Sea Food. By destination target (exports) the previsions are: Asia 60%, Middle East 15%, Europe 10%, America 8%, Africa 5%, Ocania 2%.

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