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This is an accepted version of this page This is the latest accepted revision, reviewed on 24 December 2024. 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 figures are from the International Monetary Fund (IMF) World Economic Outlook Database, unless otherwise specified. [1] This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person recalculated according to the changing number of the population of the country.
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 real estate tycoon won parliamentary support on Tuesday to take the reins of Southeast Asia's second largest economy at the head of an unlikely coalition. Analysis-After limbo, Thailand's new ...
Thailand has one of the highest levels of household debt in the region, at 92% of GDP in the last quarter of 2023, and much higher than the 70% recorded over a decade ago.
Reviving Thailand's economy will be one of the biggest tasks for politica. ... Thailand's economy has been faltering due to weaker exports and investments, with the central bank saying last month ...
Prostitution in Thailand and sex tourism also form a de facto part of the economy. Campaigns promote Thailand as exotic to attract tourists. [231] One estimate published in 2003 placed the trade at US$4.3 billion per year or about 3% of the Thai economy. [232] It is believed that at least 10% of tourist dollars are spent on the sex trade. [233]
Southeast Asia's second largest economy grew 1.5% in the first quarter of 2024 compared to a year earlier, slowing from the prior quarter's 1.7% expansion and lagging regional peers.