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![Thailand economy shrinks most since 1997 on tourism collapse - Thai PBS World Tonight [15th February 2021]](https://onecms.thaipbs.or.th/media/qtyhJRjCJuAvMUihmvtfKaMf4I9Es65JBG8dFYnx3zUY1q2bLkIpVRT.jpg)
Thailand economy shrinks most since 1997 on tourism collapse - Thai PBS World Tonight [15th February 2021]
13 Sept 16:17 Key points summarised by AI
- Thailand's economy contracted by 6.1% in 2020, marking its worst full-year performance since the 1997 Asian financial crisis.
- The severe economic downturn was primarily attributed to the collapse of the tourism industry and ongoing political upheaval, leading to a slower growth forecast for 2021.
