FX.co ★ Thailand Current Account Gap Widens Sharply

In May 2025, Thailand saw a significant increase in its current account deficit, rising to USD 0.3 billion from USD 0.03 billion during the same period in the previous year. This expansion was primarily attributed to greater deficits in net services, primary income, and secondary income, which collectively grew to USD 3.69 billion, compared to USD 3.03 billion a year earlier. On the trade front, Thailand recorded a surplus of USD 3.37 billion, which was an improvement over the USD 2.99 billion surplus in May of the prior year. This increase was driven by an 18.5% rise in exports and a 19.2% increase in imports.