Thailand: History

  1. 1782

    This date marks the beginning of the Chakri dynasty, which still rules today. At this time, the country is known as Siam.

  2. 1932

    The absolute monarchy is overthrown in a bloodless coup. A constitutional monarchy is introduced with a parliamentary government.

  3. 1939

    Siam changes its name to Thailand.

  4. 1997

    The Asian financial crisis hits. The Thai Baht falls sharply against the Dollar, leading to unemployment and bankruptcies.

  5. 2004

    Thousands are killed by a massive tsunami that devastates the southwest coast of Thailand.

  6. 2011

    The government introduces a rice subsidy, ensuring that rice farmers receive a guaranteed price for their crop. This scheme causes government debt to soar, and the increase in prices causes Thailand to lose its title as the world’s largest exporter of rice.


BBC News