Songkran 2025 Spending Predicted to Hit Record ฿134 Billion

[webfact]

Picture courtesy of Wikipedia

 

Thailand's Songkran festival in 2025 is expected to generate a record-breaking 134.6 billion baht (฿134 billion) in consumer spending, according to the University of the Thai Chamber of Commerce.

 

This marks a 4.5% increase compared to the previous year, making it the highest expenditure since 2020.

 

The university's president and chief economic advisor, Thanavath Phonvichai, noted that only 5% of those surveyed plan to cut back on spending, the lowest percentage since 2016.

 

Additionally, 72.1% of respondents intend to travel during the festival, the highest rate since 2019. Despite lingering caution in spending, the festival is expected to be lively.

 

 

 

Concerns such as recent earthquakes and potential tax changes introduced by Trump are not expected to significantly impact the festivities. Current assessments suggest minimal effects on consumer behaviour, although the situation will be reassessed in the following week.

 

Reports from regional chambers of commerce indicate that the aftershocks of the recent earthquake have caused anxiety, particularly in Bangkok and the north.

 

However, local spending among Thais is largely unaffected, with the forecasted figure of ฿134 billion still deemed viable. Attention remains on the international tourist sector and any potential travel disruptions or cancellations.

 

Based on a story by Siam Rath
 

-- 2025-04-04

 

 

[JoePai]

Another stupid "Crystal Ball" amount

[Nigeone]

Of course it is ! More figures dreamt up by the eternal optimists . Never believe there figures . It’s always bigger better etc which I always doubt for so many reasons .

[redwood1]

Every year its the same BS....We are going to make 100 million billion trillion zillion baht during Songkran....bla bla

 

I bet in Pattaya businesses all lose quite a bit of money during the week long nightmare....

 

Who ever makes these predictions has mental issues.....

 

 

[JimHuaHin]

Thailand - land of random number generators.

[Ralf001]

how many people took part in the survey to come up with this number ?