The economy of Thailand is showing dismal results for 2016 as a result of the global economic slowdown, unlike its neighboring countries in the ASEAN region. In 2016 itself, with the exception of Thailand and Malaysia, other countries are predicted to face an increase in their Gross Domestic Product (GDP) growth. In addition to the decline in GDP growth, among ASEAN nations Thailand is predicted to have the lowest GDP growth. According to the forecast by the World Bank.