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Thai Economic Conditions Tipped to Worsen as Virus Spreads

  • About 52% of respondents to survey say economy will weaken
  • Virus will be more deadly in 2021, say 48% of those surveyed
Downtown Bangkok on Jan. 2.

Downtown Bangkok on Jan. 2.

Photographer: Jack Taylor/AFP/Getty Images

Updated on

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

About 52.2% of the respondents in the study undertaken by Bangkok-based National Institute of Development Administration predict the economy will be even worse in 2021 than it was last year, while 14.6% anticipate an improvement.