SCB EIC says flooding across about 32 provinces (over 1.3 million households and small businesses affected) will drag Q3 2026 GDP by about 0.3%, trimming the full-year 2026 forecast by about 0.1% from 2.2%, with repair work expected to support Q4. Revised statistics also show manufacturing output (MPI) growing above 4% and the trade balance turning positive. The draft National Plan No. 14 (2026–2030, rollout from October 2026) targets growth above 3% and lifts seven target industries (processed agriculture, modern automotive, technology, wellness tourism, creative economy, etc.) to about 38% of GDP. For planning: expect a soft Q3 and a rebound in Q4 for flood-hit businesses, and watch the plan's target sectors for future support.
← Back to all articles