Thailand Forecast: Current Account Balance

1980 - 2029 | Yearly | USD bn | International Monetary Fund

Key information about Thailand Forecast: Current Account Balance

  • Thailand Current Account Balance is forecasted to be 9.399 USD bn in Dec 2024 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 7.412 USD bn in Dec 2023.
  • Looking ahead, Thailand Current Account Balance is projected to stand at 18.156 USD bn in Dec 2029.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: BPM6: Current Account: USD.

View Thailand's Forecast: Current Account Balance from 1980 to 2029 in the chart:

Thailand Forecast: Current Account Balance

What is Thailand's Forecast: Current Account Balance in 2029?

Thailand Current Account Balance is forecasted to be 9.399 USD bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
18.156 2029 16.203 2028 -17.162 2022 43.952 2017 USD bn yearly 1980 - 2029

Forecast: Current Account Balance by Country Comparison

country/region Last Frequency Range
Afghanistan (USD bn) 2.814 2020 yearly 2002 - 2020
Albania (USD bn) -0.217 2029 yearly 1980 - 2029
Algeria (USD bn) -7.532 2029 yearly 1980 - 2029
Andorra (USD bn) 0.814 2029 yearly 2019 - 2029
Angola (USD bn) 1.605 2029 yearly 1980 - 2029
Antigua and Barbuda (USD bn) -0.253 2029 yearly 2014 - 2029
Argentina (USD bn) 10.560 2029 yearly 1980 - 2029
Armenia (USD bn) -1.665 2029 yearly 1992 - 2029
Aruba (USD bn) 0.152 2029 yearly 1999 - 2029
Australia (USD bn) -28.731 2029 yearly 1980 - 2029
Austria (USD bn) 14.304 2029 yearly 1980 - 2029
Azerbaijan (USD bn) 0.418 2029 yearly 1992 - 2029
Bahamas (USD bn) -1.207 2029 yearly 1980 - 2029
Bahrain (USD bn) 1.690 2029 yearly 1980 - 2029
Bangladesh (USD bn) -9.885 2029 yearly 1980 - 2029
Barbados (USD bn) -0.445 2029 yearly 1980 - 2029
Belarus (USD bn) -2.218 2029 yearly 1992 - 2029
Belgium (USD bn) 6.520 2029 yearly 1980 - 2029
Belize (USD bn) -0.098 2029 yearly 1980 - 2029
Benin (USD bn) -1.412 2029 yearly 1980 - 2029
Bhutan (USD bn) -0.728 2029 yearly 1980 - 2029
Bolivia (USD bn) -3.985 2029 yearly 1980 - 2029
Bosnia and Herzegovina (USD bn) -1.411 2029 yearly 1998 - 2029
Botswana (USD bn) 0.062 2029 yearly 1980 - 2029
Brazil (USD bn) -44.939 2029 yearly 1980 - 2029
Brunei (USD bn) 2.412 2029 yearly 1981 - 2029
Bulgaria (USD bn) -0.401 2029 yearly 1980 - 2029
Burkina Faso (USD bn) -0.678 2029 yearly 1980 - 2029
Burundi (USD bn) -0.585 2029 yearly 1980 - 2029
Cambodia (USD bn) -2.164 2029 yearly 1992 - 2029
Cameroon (USD bn) -2.355 2029 yearly 1980 - 2029
Canada (USD bn) -73.006 2029 yearly 1980 - 2029
Cape Verde (USD bn) -0.121 2029 yearly 1980 - 2029
Central African Republic (USD bn) -0.155 2029 yearly 1980 - 2029
Chad (USD bn) -0.328 2029 yearly 1980 - 2029
Chile (USD bn) -13.126 2029 yearly 1980 - 2029
China (USD bn) 285.473 2029 yearly 1997 - 2029
Colombia (USD bn) -17.950 2029 yearly 1980 - 2029
Comoros (USD bn) -0.093 2029 yearly 1980 - 2029
Congo (USD bn) -0.221 2029 yearly 1980 - 2029
Costa Rica (USD bn) -1.809 2029 yearly 1980 - 2029
Croatia (USD bn) 0.502 2029 yearly 1992 - 2029
Cyprus (USD bn) -3.624 2029 yearly 1980 - 2029
Czech Republic (USD bn) 2.915 2029 yearly 1995 - 2029
Democratic Republic of Congo (USD bn) -2.988 2029 yearly 1980 - 2029
Denmark (USD bn) 42.035 2029 yearly 1980 - 2029
Djibouti (USD bn) 0.380 2029 yearly 1991 - 2029
Dominica (USD bn) -0.136 2029 yearly 2000 - 2029
Dominican Republic (USD bn) -4.947 2029 yearly 1980 - 2029
Ecuador (USD bn) 3.608 2029 yearly 1980 - 2029
Egypt (USD bn) -22.028 2029 yearly 1980 - 2029
El Salvador (USD bn) -1.305 2029 yearly 1980 - 2029
Equatorial Guinea (USD bn) -0.968 2029 yearly 1987 - 2029
Eritrea (USD bn) 0.257 2019 yearly 1992 - 2019
Estonia (USD bn) -1.545 2029 yearly 1993 - 2029
Swaziland (USD bn) 0.066 2029 yearly 1980 - 2029
Ethiopia (USD bn) -6.377 2029 yearly 1980 - 2029
Fiji (USD bn) -0.568 2029 yearly 1980 - 2029
Finland (USD bn) -3.245 2029 yearly 1980 - 2029
France (USD bn) -4.507 2029 yearly 1980 - 2029
Gabon (USD bn) -1.367 2028 yearly 1980 - 2028
Gambia (USD bn) -0.046 2029 yearly 1980 - 2029
Georgia (USD bn) -2.751 2029 yearly 1995 - 2029
Germany (USD bn) 310.516 2029 yearly 1980 - 2029
Ghana (USD bn) -2.128 2029 yearly 1980 - 2029
Greece (USD bn) -10.465 2029 yearly 1980 - 2029
Grenada (USD bn) -0.152 2029 yearly 2014 - 2029
Guatemala (USD bn) 0.184 2029 yearly 1980 - 2029
Guinea (USD bn) -2.577 2029 yearly 1980 - 2029
Guinea-Bissau (USD bn) -0.127 2029 yearly 1980 - 2029
Guyana (USD bn) 8.231 2029 yearly 1980 - 2029
Haiti (USD bn) -0.463 2029 yearly 1980 - 2029
Honduras (USD bn) -1.912 2029 yearly 1980 - 2029
Hong Kong SAR, China (USD bn) 43.397 2029 yearly 1980 - 2029
Hungary (USD bn) 4.539 2029 yearly 1980 - 2029
Iceland (USD bn) 0.224 2029 yearly 1980 - 2029
India (USD bn) -139.437 2029 yearly 1980 - 2029
Indonesia (USD bn) -29.041 2029 yearly 1980 - 2029
Iran (USD bn) 17.997 2029 yearly 1980 - 2029
Iraq (USD bn) -22.319 2029 yearly 2001 - 2029
Ireland (USD bn) 53.932 2029 yearly 1980 - 2029
Israel (USD bn) 27.247 2029 yearly 1980 - 2029
Italy (USD bn) 68.336 2029 yearly 1980 - 2029
Ivory Coast (USD bn) -3.091 2029 yearly 1980 - 2029
Jamaica (USD bn) -0.506 2029 yearly 1980 - 2029
Japan (USD bn) 156.819 2029 yearly 1980 - 2029
Jordan (USD bn) -2.793 2029 yearly 1980 - 2029
Kazakhstan (USD bn) -13.182 2029 yearly 1992 - 2029
Kenya (USD bn) -5.665 2029 yearly 1980 - 2029
Kiribati (USD bn) 0.035 2029 yearly 1980 - 2029
South Korea (USD bn) 97.775 2029 yearly 1980 - 2029
Kosovo (USD bn) -1.071 2029 yearly 2000 - 2029
Kuwait (USD bn) 25.453 2029 yearly 1980 - 2029
Kyrgyzstan (USD bn) -1.291 2029 yearly 1992 - 2029
Laos (USD bn) 0.176 2029 yearly 1980 - 2029
Latvia (USD bn) -1.914 2029 yearly 1992 - 2029
Lebanon (USD bn) -5.647 2023 yearly 1980 - 2023
Lesotho (USD bn) -0.060 2029 yearly 1980 - 2029
Liberia (USD bn) -1.080 2029 yearly 2000 - 2029
Libya (USD bn) 5.770 2029 yearly 1980 - 2029

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Thailand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.8 Jun 2024 quarterly Sep 2002 - Jun 2024
Consolidated Fiscal Balance (USD mn) 544.084 Aug 2024 monthly Oct 2001 - Aug 2024
Tax Revenue (USD mn) 67,624.756 2023 yearly 1984 - 2023
Tax Revenue: % of GDP (%) 13.2 2023 yearly 1990 - 2023
National Government Debt (USD mn) 317,325.3 Sep 2024 monthly Oct 1997 - Sep 2024
Government Debt: % of GDP (%) 55.8 Jun 2024 quarterly Dec 1997 - Jun 2024
Forecast: Government Expenditure (THB bn) 5,366.801 2029 yearly 1995 - 2029
Forecast: Government Net Debt (THB bn) 14,934.651 2029 yearly 1996 - 2029
Forecast: Government Revenue (THB bn) 4,743.913 2029 yearly 1995 - 2029
Govt Revenue: Gross: Revenue Dept: Value Added Tax (THB mn) 68,616.81 Jun 2018 monthly Oct 1989 - Jun 2018
Govt Revenue: Gross: Excise Dept (THB mn) 47,541.47 Jun 2018 monthly Oct 1989 - Jun 2018
Total Public Debt as % of GDP (%) 63.280 Sep 2024 monthly Jan 2005 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.640 2028 yearly 1980 - 2028
Trade Balance (USD mn) 394.2 Sep 2024 monthly Jan 1957 - Sep 2024
Total Exports (USD mn) 25,983.2 Sep 2024 monthly Oct 1990 - Sep 2024
Total Exports Growth (%) -0.8 Sep 2024 monthly Oct 1991 - Sep 2024
Aluminum: Exports (USD th) 1,474,770.435 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 435,513.625 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 196,247.335 2022 yearly 1995 - 2022
Total Imports (USD mn) 25,589.0 Sep 2024 monthly Jan 1991 - Sep 2024
Total Imports Growth (%) 7.8 Sep 2024 monthly Jan 1992 - Sep 2024
Imports: Medicament (USD th) 1,843,219.521 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,586,101.179 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 5,018.062 Sep 2024 monthly Jan 1971 - Sep 2024
Total Imports from USA (USD mn) 1,772.775 Sep 2024 monthly Jan 1971 - Sep 2024
Total Exports to China (USD mn) 2,851.030 Sep 2024 monthly Sep 1978 - Sep 2024
Total Imports from China (USD mn) 6,795.905 Sep 2024 monthly Apr 1974 - Sep 2024
MoC: Exports: Custom Basis (THB mn) 889,074.371 Sep 2024 monthly Oct 1990 - Sep 2024
MoC: Trade Balance: Custom Basis (THB mn) 2,738.408 Sep 2024 monthly Jan 1991 - Sep 2024
MoC: Imports: Custom Basis (THB mn) 886,335.963 Sep 2024 monthly Jan 1991 - Sep 2024
Imports Volume: Liquefied Natural Gas (Cub ft mn) 38,892.129 Sep 2024 monthly Jan 2010 - Sep 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,871.7 Jun 2024 quarterly Mar 2005 - Jun 2024
Current Account Balance (USD mn) 558.6 Sep 2024 monthly Jan 1985 - Sep 2024
Current Account Balance: % of GDP (%) 0.7 Jun 2024 quarterly Mar 1993 - Jun 2024
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) 0.5 Jun 2024 quarterly Mar 1993 - Jun 2024
Foreign Portfolio Investment (USD mn) -2,235.310 Jun 2024 quarterly Mar 2005 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) -1.8 Jun 2024 quarterly Mar 2005 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -831.1 Jun 2024 quarterly Mar 1976 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -1,404.200 Jun 2024 quarterly Mar 1976 - Jun 2024
External Debt (USD mn) 185,494.3 Jun 2024 quarterly Mar 1999 - Jun 2024
External Debt: % of GDP (%) 37.4 Jun 2024 quarterly Mar 2005 - Jun 2024
External Debt: Short Term (USD mn) 80,595.9 Jun 2024 quarterly Mar 1999 - Jun 2024
External Debt: Short Term: % of GDP (%) 15.8 2023 yearly 1980 - 2023
Forecast: Current Account Balance (USD bn) 18.156 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 45,081.400 Jun 2024 quarterly Mar 2012 - Jun 2024
BOP: USD: Current Account Balance (USD mn) 558.570 Sep 2024 monthly Jan 2005 - Sep 2024
Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) 139.20 Jun 2018 monthly Jan 2010 - Jun 2018
Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) -79.510 Jun 2024 quarterly Mar 2005 - Jun 2024
FDI: Manufacturing (THB mn) -45,746.850 Jun 2024 quarterly Mar 2005 - Jun 2024
FDI: Mining & Quarrying (THB mn) 2,246.470 Jun 2024 quarterly Mar 2005 - Jun 2024
FDI: Financial & Insurance Activities (THB mn) 24,650.950 Jun 2024 quarterly Mar 2005 - Jun 2024
FDI: Construction (THB mn) 489.860 Jun 2024 quarterly Mar 2005 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019
Household Debt: % of GDP (%) 89.6 Jun 2024 quarterly Mar 2003 - Jun 2024
Non-Performing Loans (USD mn) 13,918.759 Jun 2024 quarterly Mar 1998 - Jun 2024
Money Supply M1 (USD mn) 89,452.452 Aug 2024 monthly Dec 1975 - Aug 2024
Money Supply M2 (USD mn) 798,147.232 Sep 2024 monthly Jan 1997 - Sep 2024
M2 Growth (%) 3.1 Sep 2024 monthly Jan 1998 - Sep 2024
Reserve Requirement Ratio (%) 1.0 Oct 2024 monthly Sep 1997 - Oct 2024
Foreign Exchange Reserves (USD mn) 216,391.6 Sep 2024 monthly Jan 1993 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 8.5 Sep 2024 monthly Jan 1991 - Sep 2024
Gold Reserves (USD mn) 19,869.600 Sep 2024 monthly Dec 1956 - Sep 2024
Total Deposits (USD mn) 533,812.589 Sep 2024 monthly Dec 2000 - Sep 2024
Total Deposits Growth (%) 1.1 Sep 2024 monthly Dec 2001 - Sep 2024
Domestic Credit (USD mn) 819,930.0 Sep 2024 monthly Jan 2003 - Sep 2024
Domestic Credit Growth (%) 2.6 Sep 2024 monthly Jan 2004 - Sep 2024
Debt Service Ratio: Private Non-Financial Sector (%) 15.300 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 481.404 Dec 2023 quarterly Dec 1991 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 928.900 Dec 2023 quarterly Mar 1957 - Dec 2023
Household Debt (USD mn) 436,311.8 Dec 2022 quarterly Mar 2003 - Dec 2022
Total Loans (USD mn) 529,873.121 Sep 2024 monthly Jan 2007 - Sep 2024
Total Loans Growth (%) -1.72 Sep 2024 monthly Jan 2008 - Sep 2024
Private Debt: % of Nominal GDP (%) 169.39 Jun 2024 quarterly Mar 2011 - Jun 2024
Monetary Aggregates (MA): Broad Money (THB mn) 25,804,100.000 Sep 2024 monthly Jan 1997 - Sep 2024
MA: Quasi Money (THB mn) 22,567,177.000 Sep 2024 monthly Jan 1997 - Sep 2024
MA: Narrow Money (NM) (THB mn) 3,236,923.000 Sep 2024 monthly Jan 1997 - Sep 2024
Credit: Outs: CB: Businesses (THB mn) 6,978,604.000 Sep 2024 monthly Jan 2004 - Sep 2024
Credit: Outs: CB: Individuals (THB mn) 6,240,588.000 Sep 2024 monthly Jan 2004 - Sep 2024
Deposit: Outs: CB: Individuals (THB mn) 8,853,655.000 Sep 2024 monthly Oct 2003 - Sep 2024
Deposit: Outs: CB: Businesses (THB mn) 5,258,139.000 Sep 2024 monthly Oct 2003 - Sep 2024
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) -3.8 Oct 2024 monthly Feb 2000 - Oct 2024
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018

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