Krungsri Research

Krungsri Research's Forecast

FORECASTS 2022 2023 2024F
GDP Growth
YoY(%)
2.5 1.9 2.4
Private Consumption Expenditure
YoY(%)
6.2 7.1 3.4
Government Consumption Expeniture
YoY(%)
0.1 -4.6 1.5
Private Investment
YoY(%)
4.7 3.2 3.0
Public Investment
YoY(%)
-3.9 -4.6 -1.1
Normal Exports in USD (f.o.b)
YoY(%)
5.4 -1.7 1.8
Normal Import in USD (f.o.b)
YoY(%)
14.0 -3.1 4.2
Current Account Balance
USD, bn
-15.7 -6.6 6.5
Tourist Arrivals
Mn, persons
11.1 28.2 35.6
Headline Inflation
YoY(%)
6.1 1.2 0.7
Policy Interest rate (end of period)
(%)
1.25 2.50 2.50
Dubai crude price (period average)
USD/bbl
96 82 85
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