Thailand: 2013 Article IV Consultation

November 11, 2013

Preview Citation

Format: Chicago

Thailand: 2013 Article IV Consultation, (USA: International Monetary Fund, 2013) accessed November 21, 2024

Summary

This 2013 Article IV Consultation highlights that in 2012, Thailand’s economy rebounded strongly from the devastating floods, with real GDP growing by 6.5 percent. Private consumption rose 6.7 percent, reflecting pent-up demand and government measures, including the rice pledging scheme, where the government was committed to buying rice from farmers at a set price above the prevailing market price, and the first-car buyer scheme. On the back of reconstruction spending, private investment grew by 14.4 percent. With growth driven by domestic demand, the current account surplus is expected to reach a small deficit of 0.2 percent of GDP in 2014.

Subject: Commercial banks, Credit, Economic sectors, Financial institutions, Financial sector, International trade, Money, Public debt, Trade balance

Keywords: Buyer scheme, Commercial banks, CR, Credit, Economy, Expenditure measure, Financial sector, Fiscal policy, Fiscal policy shock, Global, Government, Growth path, Investment, ISCR, Mekong, Trade balance, U.S. dollar

Publication Details

Pages:

69
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2013/323
Stock No:

1THAEA2013001
ISBN:

9781484367711
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports