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In 2020, due toÌýCOVID-19 pandemic the real gross domestic product (GDP) of Thailand is expected to shrink, unemployment level to increase and current account balance to decline due to COVID-19 this year.

Today we will be focusing on economic impact of COVID-19 pandemic on Thailand and the social, fiscal, monetary and employment related policy measured taken byÌýgovernmentÌý–

1. Impact of COVID-19 on Thailand Economy in 2020

2. COVID-19 Containment Measures of Thailand

3. COVID-19 Related Fiscal Policy Measures by Thailand

4. COVID-19 Related Monetary Policy Measures by Thailand

5. COVID-19 Related Employment Policy Measures by Thailand

6. COVID-19 Related Social Policy Measures by Thailand

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1. Impact of COVID-19 on Thailand Economy in 2020

Thailand’s real gross domestic product (GDP) was THB 10,914.84 billion in 2019 and due to COVID-19 outbreak it is estimated to decrease by 7.7% to be around THB 10,074.40 billion in 2020.

Thailand’s unemployment rate was 0.754% of total labor force in 2019. Due to slowdown in global economic activity due to...