BANGKOK, Nov. 4 (Xinhua) -- Thailand's gross domestic product (GDP) for 2009 is estimated to contract 2.7 percent, Federico Gel Sander, an economist at the World Bank's Bangkok office, said Wednesday.

    As there is a sign indicating that the domestic economy is improving, it is projected in 2010 the GDP will expand 3.5 percent, Thai News Agency quoted Sander as saying.

    However, over the next three to five years, Thailand is seen to experience a number of risk factors, including both domestic and external volatility, said Sander.

    From 2010 to 2013, it is forecast that the country's GDP will grow by five percent, the World Bank's economist said.

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