While the government may well claim that Thailand’s GDP recovery looks good in official reports, the SiamRath analysis highlights a different story in which nearly 90% of households feel financially vulnerable, cutting even food spending. The reality is that growth is concentrated in big corporates and tourism giants, while SMEs and ordinary families face rising debt. Short‑term stimulus is dismissed as just painkillers. They are only temporary boosts that ignore structural issues like inequality and corporate concentration. The warning is pretty blunt, without stronger household purchasing power, small businesses and domestic demand will continue to suffer, and GDP growth risks becoming a statistical mirage.
