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Bangkok Post
Bangkok Post
Business

OECD predicts SE Asian growth to decline

A customer examines limes at a fresh market in Samut Prakan province. (Photo: Somchai Poomlard)

Economic growth in Southeast Asia is forecast to drop from 5.6% in 2022 to 4.6% this year, pressured by weaker demand as the global economy slows, says the Organisation for Economic Co-operation and Development (OECD).

According to the OECD's Economic Outlook for Southeast Asia, China, and India 2023 report, Thailand's economic growth is projected to increase from 2.6% last year to 3.8% in 2023, ranking sixth among regional economies.

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