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GLOBAL FINANCE A PIONEERING VOICE FOR MODERN FINANCE   Global Finance is a monthly magazine founded in 1987 by publishing entrepreneurs Joseph Giarraputo and Carl Burgen. Giarraputo continues as Publisher and Editorial Director. Its mission is to help corporate leaders, ...

 
 
Source
Central bank

Bank of Thailand

International Reserves

USD 166.4 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 403.6 billion (2017, estimate)

 

GDP (Purchasing Power Parity)

Intl$ 1,225.1 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
5% 5.4% 1.7% -0.7% 7.5% 0.8% 7.2%
2013 2014 2015 2016* 2017*    
2.7% 0.8% 2.8% 3.2% 3.3%    

*Estimate

GDP per capita - current prices

USD 5,841.8 (2017, estimate)

GDP per capita - PPP

Intl$ 17,730.5 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.57% 0.88% 0.91% 0.95% 1.0%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 8.9% 
  • industry: 35.9% 
  • services: 55.3%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015 2016* 2017*
2.2% 1.9% -0.9% 0.3% 1.6%

*Estimate

Unemployment rate
2013 2014 2015 2016* 2017*
0.7% 0.8% 0.9% 0.8% 0.7%

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
42.2% 43.6% 43.1% 43.6% 43.3%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
0.4% -0.8% 0.3% -0.4% -0.4%

*Estimate   

Government bond ratings

Standard & Poor's: BBB+

Moody's: Baa1

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
USD 354.4 billion USD 430.4 billion USD 348.8 billion
Largest companies

PTT PCL, Siam Commercial Bank, Kasikornbank, Siam Cement, Bangkok Bank, Krung Thai Bank, PTT Global Chemical, CP All, Advanced Info Service, Thai Beverage, Charoen Pokphand Foods, Airports of Thailand, Thai Oil, TMB Bank, Thanachart Capital.

 
 
Source
Current account balance

USD 31.0 billion (2017 estimate)

Current account balance by percentage of GDP

7.7% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

69.1% (2015)

Shares in world total merchandising export

1.3% (2015)​

Shares in world total commercial services export

1.3% (2015)

Total exports

USD 190.0 billion (2016 estimate)

Export commodities

Automobiles and parts, computer and parts, jewelry and precious stones, polymers of ethylene in primary forms, refine fuels, electronic integrated circuits, chemical products, rice, fish products, rubber products, sugar, cassava, poultry, machinery and parts.

Total imports

USD 171.3 billion (2016 estimate)

 
 
Source
Import commodities

Machinery and parts, crude oil, electrical machinery and parts, chemicals, iron & steel and product, electronic integrated circuit, automobile parts, jewelry including silver bars and gold, computers and parts, electrical household appliances, soybean.

Exports - major partners

US 11.2%, China 11.1%, Japan 9.4%, Hong Kong 5.5%, Malaysia 4.8%, Australia 4.6%, Vietnam 4.2%, Singapore 4.1% (2015)

Imports - major partners

China 20.3%, Japan 15.4%, US 6.9%, Malaysia 5.9%, UAE 4% (2015)

FDI inflows
2013 2014 2015
USD 16,652 million USD 3,537 million USD 10,845 million
FDI outflows
2013 2014 2015
USD 11,934 million USD 4,409 million USD 7,776 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD 5659.2 million USD 9601.8 million USD -718.1 million USD 437.4 million
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

(for a monthly update on M&A; click here )

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

(for a monthly update on M&A; click here )

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 46 out of 190 countries (2017)

Subcategories:

Starting a business: 78 out of 190 countries

Enforcing Contracts: 51 out of 190 countries

Registering Property: 68 out of 190 countries

Getting Credit: 82 out of 190 countries

Protecting Minority Investors: 27 out of 190 countries

Trading Across Borders: 56 out of 190 countries

Paying Taxes: 109 out of 190 countries

Dealing with Construction Permits: 42 out of 190 countries

Getting Electricity: 37 out of 190 countries

Resolving Insolvency: 23 out of 190 countries

Global competitiveness ranking

34 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 67 / Score: 63.86 (Moderately free) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+7

Total area

513,120 sq km

Capital

Bangkok

Currency

Baht

Government type

Constitutional monarchy

Note - interim military-affiliated government since May 2014

Languages

Thai (official) 90.7%, Burmese 1.3%, other 8%

Note: English is a secondary language of the elite (2010 est.)

Religions

Buddhist (official) 93.6%, Muslim 4.9%, Christian 1.2%, other 0.2%, none 0.1% (2010 est.)

Total population
1990 2000 2010 2016* 2021*
56.303 million 62.321 million 67.341 million 68.981 million 69.345 million

*Estimate  

 
 
Source
Urban population as % of total population
1960 1980 2000 2015
20% 27% 31% 50%
Population median age

37.2 years (2016 estimate)

Population growth rate

0.32% (2016 estimate)

Life expectancy

74.7 years (2016 estimate)

Literacy

Total population: 96.7%
Male: 96.6%
Female: 96.7% (2015 est.)

(age 15 and over can read and write)

% of population living on less than $3.10 a day

0.1% (2013)

Inequality of wealth distribution (Gini index)

37.9 (2013)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 6
Civil Liberties: 5 (2017)                         

(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed 7.88%   Mobile 152.73% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

39.32% (2015)

Mercer Cost of living index

Bangkok: 74th (2016)

CO2 emissions

4.5 (2013)

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