Contribution of SMEs to GDP to drop

Contribution of SMEs to GDP to drop
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published :
6 Jul 2021 at 07:22
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A vendor at Bangkok's Pratunam market sits idly during the third wave of Covid-19. (Photo: Somchai Poomlard)
Small and medium-sized enterprises (SMEs) contribution to the gross domestic product (GDP) is expected to drop in the second quarter because of the harsh impact of new infections, which began in April.
Veerapong Malai, director-general of the Office of Small and Medium Enterprises Promotion (Osmep) said the agency has forecast the contribution of SMEs towards GDP to fall in the second quarter from 35% of GDP in the first quarter of this year.
However, the percentage of decrease for the second quarter is not available.

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