The national think tank projected the gross domestic product (GDP) would reach Bt11.63 trillion, up from Bt10.77 trillion in 2011, with per capita income of US$5,620 compared with $5,400 expected for this year.
NESDB also forecast Thailand’s exports in 2012 would reach $236.6 billion in value, up 12.1 per cent from the expected $211 billion this year.
Imports are likely to reach $199 billion or a 13.4 per cent growth, resulting in a current account surplus of $10.8 billion, lower than an expected $12 billion surplus in 2011.
Additionally, NESDB anticipated the investment in 2012 would grow 3.9 per cent, lower than 8 per cent expected in 2011. Overall consumption will stay at 4.1 per cent in 2011 and 2012.
The inflation rate is likely to stay at 3-4 per cent, higher than the 2.5-3.5 per cent forecast in 2011.
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