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The economy of Thailand is dependent on exports, which accounted in 2021 for about 58 per cent of the country's gross domestic product (GDP). Thailand itself is a newly industrialized country, with a GDP of 17.367 trillion baht (US$495 billion) in 2022, the 9th largest economy in Asia.
- 1 October – 30 September
- Thai baht (THB, ฿)
- 69,950,844 (2021)
Thailand is an upper middle-income economy with a high growth rate and impressive poverty reduction, but also facing challenges such as stagnating productivity, COVID-19 pandemic, and aging population. The World Bank provides analysis, research, and support to help Thailand meet the Sustainable Development Goals and address its social and environmental challenges.
Jun 28, 2023 · Thailand's economy is projected to accelerate to 3.9 percent in 2023 from 2.6 percent last year due to stronger-than-expected demand from China, Europe, and the United States, private consumption growth, and a recovery in tourism, the World Bank said in its semi-annual Thailand Economic Monitor.
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Dec 14, 2022 · BANGKOK, December 14, 2022 – Thailand’s economy is projected to recover to its pre-pandemic level in 2022, but the pace of growth will be slower-than-expected in 2023 owing to global headwinds. The economy is projected to expand by 3.4 percent in 2022 and 3.6 percent in 2023.
Nov 21, 2022 · Thailand's economy grew at its fastest pace in over a year in the third quarter, as a revival in tourism, increased consumption and a pick-up in private investment boosted growth, but the...
Dec 7, 2023 · Economic Survey of Thailand - 7 December 2023. Thailand has achieved remarkable economic progress over the past decades. A strong and timely policy response helped to cushion the economic and social impact of the pandemic, and of high energy and food prices.
Dec 7, 2022 · Summary. Economy to grow 3.4% this year, 3.8% next year - finmin. Further rate hikes to be gradual, fiscal policy targeted. Foreign tourist arrivals to reach 10 mln this week - TAT. TAT expects...
