Thailand: Economy

Economic Trivia

Thailand has one of the lowest unemployment levels in the world, at less than 1%.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2014): China, Japan, and United States
Top 3 Exported Goods (2014): Industrial Machinery, Electrical Machinery, and Motor Vehicles & Parts

Top Industries Source: CIA World Factbook

Tourism; Textiles and Garments; Agricultural Processing; Beverages

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $1,065,673,194,791 (2014)
GDP Growth Rate (annual %) 0.866% (2014)
GDP Per Capita, PPP (current international) $15,735 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 20/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 1.895% (2014)
External debt stocks, total (DOD, current US$) $135,379,332,000 (2013)
Total tax rate (% of commercial profits) 27.5% (2015)
Real Interest Rate (5 year average %) 5.384% (2014)
Manufacturing, value added (% of GDP) 27.719% (2014)
Current Account Balance (BoP, current US$) $15,413,452,193 (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 40,055,849 (2014)
Employment in Agriculture (% of total employment) 41.9% (2013)
Employment in Industry (% of total employment) 20.3% (2013)
Employment in Services (% of total employment) 37.5% (2013)
Unemployment Rate 0.9% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $253,378,530,656 (2014)
Exports of goods and services (current US$) $280,099,908,251 (2014)
Total Merchandise Trade (% of GDP) 112.524% (2014)
FDI, net inflows (BoP, current US$) $3,718,726,247 (2014)
Commercial Service Exports (current US$) $54,993,516,592 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Thailand’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary