Thailand’s 4 percent predicted GDP growth this year ranks it in ninth place in a survey published by Bloomberg highlighting the 20 fastest growing economies around the world this year.
A total of 57 countries were surveyed, and China’s predicted 7 percent growth this year ranked it top of the list, with the Philippines and Kenya in second and third place respectively, and both with predicted GDP growth in excess of 6 percent this year.
Average GDP growth around the world during 2015 is predicted to grow at 3.2 percent according to Bloomberg.
Thailand’s ninth place ranks it behind ASEAN counterparts Indonesia and Malaysia but ahead of Singapore, which makes it onto the list in 20th position.
Emerging markets in Asia and Africa still reign supreme, according to Bloomberg and the analysts it spoke to.
The website reported: “They’re at the top of global growth projections over the next two years.”
Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg
