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This is an accepted version of this page This is the latest accepted revision, reviewed on 17 February 2025. Economy of Thailand Bangkok, the commercial hub of Thailand Currency Thai baht (THB, ฿) Fiscal year 1 October – 30 September Trade organisations WTO, APEC, IOR-ARC, ASEAN, RCEP Country group Developing/Emerging Upper-middle income economy Newly industrialized country Statistics ...
The strong performance of the Thai economy beginning in 2002 was the immediate impact of Thaksinomics. In 2002, Thailand posted GDP growth of 5.3%, the fastest rate since 1996. The economy grew by another 7.1% in 2003. In 2004, in spite of a volatile external environment and rising oil prices, Thailand still managed a GDP growth rate of 6.3%.
The Northern Economic Corridor (Abrv: NEC–Creative LANNA; Thai: ระเบียงเศรษฐกิจพิเศษภาคเหนือ) is a special economic zone in Thailand that covers four provinces: Chiang Mai, Chiang Rai, Lampang, and Lamphun. [2]
Nominal GDP IMF 2024 [1]; World rank Country GDP (US$ millions) GDP per capita (nominal) 1 16 Indonesia: 1,475,690 5,509 2 26 Thailand: 548,890 7,557 3 31 Singapore
A day before Srettha's confirmation in parliament, Thailand reported its economy grew just 1.8% in the April-June period from a year earlier, significantly below the 3.1% expansion forecast by ...
The Tiger Cub Economies are so named because they attempt to follow the same export-driven model of technology and economic development already achieved by the rich, high-tech, industrialized, and developed countries of South Korea, Singapore, and Taiwan, along with the wealthy financial center of Hong Kong, which are all collectively referred to as the Four Asian Tigers.
The exclusive economic zone of Thailand shown in pink. Thailand has the world's 64th largest exclusive economic zone (EEZ), with an area of 299,397 km 2 (115,598 sq mi). [1] It claims an EEZ of 200 nmi (370.4 km; 230.2 mi) from its shores, which has long coastlines with the Andaman Sea and Strait of Malacca to the west and the Gulf of Thailand to the east, although all of its EEZ is limited by ...
Thailand's recovery from the 1997–1998 Asian financial crisis depended mainly on exports, among various other factors. As of 2012, the Thai automotive industry was the largest in Southeast Asia and the 9th largest in the world. [4] [5] [6] The Thailand industry has an annual output of near 1.5 million vehicles, mostly commercial vehicles. [6]