DBS: Thailand's economy will face challenging headwinds in 2026.

In a report, senior economist Chua Han Teng of the DBS Group wrote that the Thai economy will face an uncertain and challenging outlook next year. Economic growth may be hampered by global trade headwinds. After significant benefits from early shipments this year, merchandise exports are expected to decline in 2026. Domestic political uncertainty may also escalate, with investor sentiment expected to remain cautious in the first half of 2026. Chua pointed out that Thailand is preparing for a general election, which may take place at the end of the first quarter. The DBS Group predicts that Thailand's GDP will grow by 1.6% in 2026.