Thai economic conditions deteriorate as virus spreads

Center of Bangkok on January 2nd.

Photographer: Jack Taylor / AFP / Getty Images

Thailand’s economic conditions are expected to deteriorate further this year as the country battles a coronavirus revival, according to a national survey.

About 52.2% of respondents in the study conducted by the National Institute of Development Administration in Bangkok predict that the economy will be even worse in 2021 than last year, while 14.6% expect an improvement.

At the same time, the impact of Covid-19 could be even more deadly than in 2020, according to 48.1% of the 1,326 respondents in the survey conducted between 24 and 25 December. Only 28.8% expect it to be less serious, the institute said in a statement released on Sunday. The respondents were Thai elderly 18 and above.

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