FX.co ★ Thailand Current Account Turns to Deficit

In August 2025, Thailand experienced a current account deficit amounting to USD 1.5 billion, marking a reversal from the USD 1.7 billion surplus recorded in the same month the previous year. This shift was primarily attributed to a substantial reduction in the trade surplus, which decreased to USD 0.8 billion from USD 2.8 billion the previous year. This was due to a 14.7% increase in imports compared to a more modest 5.5% rise in exports. Moreover, the deficit in services, primary income, and secondary income expanded notably to USD 2.3 billion, up from USD 1.3 billion in August 2024.