Thai economic conditions are deteriorating as the virus spreads

Photographer: Jack Taylor / AFP / Getty Images

According to a national survey, economic conditions in Thailand are set to deteriorate further this year as the country fights a resurgence of the coronavirus.

About 52.2% of respondents in the Bangkok-based National Institute of Development Administration survey predict the economy will be even worse than last year in 2021, while 14.6% expect an improvement.

At the same time, the impact of Covid-19 could be even more deadly than it was in 2020, according to 48.1% of the 1,326 respondents in the survey conducted December 24-25. Only 28.8% expect it to be less severe, the institute said in a statement released Sunday. The respondents were Thai deprecated 18 and above.

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