Thailand’s current account deficit widened sharply to USD 6.4 billion in May 2026 from USD 0.3 billion in the same month a year earlier, as a surge in imports outpaced export growth. Imports jumped 34.5% year-on-year, while exports increased by a more modest 9.8%, leading to a significantly wider trade gap. Despite the deterioration, Senior Director Pranee Sutthasri said the current account balance is expected to improve in the coming months, supported by lower oil import costs amid declining global crude prices. source: Bank of Thailand

Thailand recorded a Current Account deficit of 6400 USD Million in May of 2026. Current Account in Thailand averaged 582.75 USD Million from 1991 until 2026, reaching an all time high of 7162.00 USD Million in February of 2016 and a record low of -7600.00 USD Million in April of 2026. This page provides the latest reported value for - Thailand Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Current Account - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

Thailand recorded a Current Account deficit of 6400 USD Million in May of 2026. Current Account in Thailand is expected to be 1550.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Current Account is projected to trend around 2000.00 USD Million in 2027 and 3000.00 USD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-29 07:00 AM
Current Account
Apr $-7.6B $0.6B $-0.4B
2026-06-30 07:00 AM
Current Account
May $-6.4B $-7.6B $-1.0B
2026-07-31 07:00 AM
Current Account
Jun $-6.4B $ 1.6B


Related Last Previous Unit Reference
Balance of Trade -5711.00 -10020.00 USD Million May 2026
Current Account -6400.00 -7600.00 USD Million May 2026
Current Account to GDP 2.10 1.40 percent of GDP Dec 2024
Exports 34333.10 31583.00 USD Million May 2026
External Debt 208831.92 202782.54 USD Million Dec 2025
Foreign Direct Investment 166788.79 127817.24 THB Million Dec 2025
Imports 40044.50 41604.30 USD Million May 2026
Remittances 3061.53 2620.04 USD Million Dec 2025
Terms of Trade 89.42 90.89 points Apr 2026


Thailand Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
-6400.00 -7600.00 7162.00 -7600.00 1991 - 2026 USD Million Monthly

News Stream
Thailand Current Account Deficit Narrows
Thailand's current account surplus narrowed to USD 7.6 billion in April 2026 from USD 13.4 billion in the corresponding month a year earlier. The trade deficit widened sharply to USD 6.8 billion from USD 1.1 billion in April 2025, as imports (USD 37.7 billion) continued to outpace exports (USD 30.9 billion). Meanwhile, the deficit in services, primary income, and secondary income increased to USD 0.8 billion from USD 0.2 billion a year earlier. On the financial account, the overall surplus fell to USD 2.3 billion in April 2026 from USD 3.4 billion in the same period last year, largely due to other depository corporations recording a deficit of USD 2.3 billion, compared with a surplus of USD 1.1 billion a year earlier.
2026-05-29
Thailand Current Account Surplus Narrows
Thailand’s current account surplus narrowed sharply to USD 0.6 billion in March 2026, from USD 1.8 billion in the same month a year earlier. The trade account shifted into a deficit of USD 0.1 billion, compared with a surplus of USD 3.7 billion previously, as imports (USD 34.9 billion) outpaced exports (USD 34.7 billion). In contrast, net services, primary income, and secondary income returned to a surplus of USD 0.7 billion, reversing a deficit of USD 1.8 billion in March 2025. On the financial account, the overall balance deficit widened to USD 1.2 billion in March 2026 from USD 1.0 billion a year earlier, weighed down by a sharp increase in outflows from other depository corporations, which rose to USD 3.5 billion from USD 1.7 billion.
2026-04-30
Thailand Current Account Surplus Narrows Sharply
Thailand's current account surplus narrowed sharply to USD 2.1 billion in February 2026 from USD 6.4 billion in the same month of the previous year. The trade surplus decreased significantly to USD 0.6 billion from USD 4.7 billion in February 2025, with exports climbing 10.6% while imports surged 31.7%. Moreover, net services, primary income, and secondary income surplus fell to USD 1.5 billion from USD 1.8 billion. In the financial account, the overall balance slightly rose to USD 0.4 billion in February 2026 from USD 0.2 billion a year earlier, supported by the general government, which posted a surplus of USD 0.2 billion from a deficit of USD 2.3 billion, as well as the other depository corporations’ surplus rising to USD 3 billion from USD 1.3 billion.
2026-03-31