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This is an accepted version of this page This is the latest accepted revision, reviewed on 12 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 ...
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
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]
BANGKOK (Reuters) -Thailand's economy unexpectedly contracted in the fourth quarter of 2023 and policymakers downgraded the outlook for this year, adding to pressure on the central bank to give in ...
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 Thai governmental organisation most responsible for implementing the sufficiency economy is the National Economic and Social Development Board (NESDB). The NESDB's primary tool for mobilising action is the publication of the National Economic and Development Plan. The latest (twelfth) version of this plan covers the years 2017–2021. [9]
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.
Bangkok is the economic centre of Thailand, and the heart of the country's investment and development. In 2022, the city had an economic output of 5.747 trillion baht (US$164 billion). This amounted to a per-capita GDP value of 634,109 baht ($18,100), more than twice the national average. The Bangkok Metropolitan Region had a combined output of ...