Thailand Current Account Swings to Deficit

2025-11-28 08:02 By Natasha Rubio 1 min. read

Thailand recorded a current account deficit of USD 1.78 billion in September 2025, compared with a surplus of USD 0.91 billion in the same month a year earlier.

The shift was driven largely by a reversal in the trade balance, which swung to a USD 1.03 billion deficit from a USD 1.83 billion surplus, as imports surged 17.4% while exports rose at a softer pace of 5.2%.

The financial account also posted an overall deficit of USD 0.48 billion, weighed down by outflows from the central bank.

Meanwhile, the shortfall in services, primary income, and secondary income narrowed significantly to USD 0.75 billion from USD 0.92 billion in October 2024.



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Thailand recorded a current account deficit of USD 1.78 billion in September 2025, compared with a surplus of USD 0.91 billion in the same month a year earlier. The shift was driven largely by a reversal in the trade balance, which swung to a USD 1.03 billion deficit from a USD 1.83 billion surplus, as imports surged 17.4% while exports rose at a softer pace of 5.2%. The financial account also posted an overall deficit of USD 0.48 billion, weighed down by outflows from the central bank. Meanwhile, the shortfall in services, primary income, and secondary income narrowed significantly to USD 0.75 billion from USD 0.92 billion in October 2024.
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