| Ta - To
:
Thailand
|
Last Updated: Nov 6th, 2006 - 10:50:18 |
|
Economy - overview:
|
Thailand has a free-enterprise economy and welcomes foreign investment. Exports feature textiles and footwear, fishery products, rice, rubber, jewelry, automobiles, computers and electrical appliances. Thailand has recovered from the 1997-98 Asian Financial Crisis and was one of East Asia's best performers in 2002. Increased consumption and investment spending and strong export growth pushed GDP growth up to 6.3% in 2003 despite a sluggish global economy. The highly popular government has pushed an expansionist policy, including major support of village economic development.
|
|
GDP:
|
purchasing power parity - $475.7 billion (2003 est.)
|
|
GDP - real growth rate:
|
6.3% (2003 est.)
|
|
GDP - per capita:
|
purchasing power parity - $7,400 (2003 est.)
|
|
GDP - composition by sector:
|
agriculture: 9.8%
industry: 44%
services: 46.3% (2003)
|
|
Investment (gross fixed):
|
25.5% of GDP (2003)
|
|
Population below poverty line:
|
10.4% (2002 est.)
|
|
Household income or consumption by percentage share:
|
lowest 10%: 2.8%
highest 10%: 32.4% (1998)
|
|
Distribution of family income - Gini index:
|
41.4 (1998)
|
|
Inflation rate (consumer prices):
|
1.8% (2003 est.)
|
|
Labor force:
|
34.9 million (2003 est.)
|
|
Labor force - by occupation:
|
agriculture 49%, industry 14%, services 37% (2000 est.)
|
|
Unemployment rate:
|
2.2% (2003 est.)
|
|
Budget:
|
revenues: $24.41 billion
expenditures: $24.01 billion, including capital expenditures of $5 billion (2003 est.)
|
|
Public debt:
|
46.6% of GDP (2003)
|
|
Agriculture - products:
|
rice, cassava (tapioca), rubber, corn, sugarcane, coconuts, soybeans
|
|
Industries:
|
tourism, textiles and garments, agricultural processing, beverages, tobacco, cement, light manufacturing such as jewelry, electric appliances and components, computers and parts, integrated circuits, furniture, plastics, world's second-largest tungsten producer, and third-largest tin producer
|
|
Industrial production growth rate:
|
12.3% (2003 est.)
|
|
Electricity - production:
|
97.6 billion kWh (2001)
|
|
Electricity - production by source:
|
fossil fuel: 91.3%
hydro: 6.4%
other: 2.4% (2001)
nuclear: 0%
|
|
Electricity - consumption:
|
90.91 billion kWh (2001)
|
|
Electricity - exports:
|
200 million kWh (2001)
|
|
Electricity - imports:
|
350 million kWh (2001)
|
|
Oil - production:
|
173,800 bbl/day (2001 est.)
|
|
Oil - consumption:
|
785,000 bbl/day (2001 est.)
|
|
Oil - exports:
|
NA (2001)
|
|
Oil - imports:
|
NA (2001)
|
|
Oil - proved reserves:
|
600 million bbl (1 January 2003)
|
|
Natural gas - production:
|
18.73 billion cu m (2001 est.)
|
|
Natural gas - consumption:
|
23.93 billion cu m (2001 est.)
|
|
Natural gas - exports:
|
0 cu m (2001 est.)
|
|
Natural gas - imports:
|
5.2 billion cu m (2001 est.)
|
|
Natural gas - proved reserves:
|
368.2 billion cu m (1 January 2003)
|
|
Current account balance:
|
$9.44 billion (2003)
|
|
Exports:
|
$75.99 billion f.o.b. (2003 est.)
|
|
Exports - commodities:
|
computers, office machine parts, transistors, rubber, vehicles (cars and trucks), plastic, seafood (2002)
|
|
Exports - partners:
|
US 17%, Japan 14.2%, Singapore 7.3%, China 7.1%, Hong Kong 5.4%, Malaysia 4.8% (2003 est.)
|
|
Imports:
|
$65.3 billion f.o.b. (2003 est.)
|
|
Imports - commodities:
|
capital goods, intermediate goods and raw materials, consumer goods, fuels (2000)
|
|
Imports - partners:
|
Japan 24.1%, US 9.5%, China 8%, Malaysia 6%, Singapore 4.3%, Taiwan 4.2% (2003 est.)
|
|
Reserves of foreign exchange & gold:
|
$42.15 billion (2003)
|
|
Debt - external:
|
$53.75 billion (2003 est.)
|
|
Economic aid - recipient:
|
$131.5 million (1998 est.)
|
|
Currency:
|
baht (THB)
|
|
Currency code:
|
THB
|
|
Exchange rates:
|
baht per US dollar - 41.4846 (2003), 42.9601 (2002), 44.4319 (2001), 40.1118 (2000), 37.8137 (1999)
|
|
Fiscal year:
|
1 October - 30 September
|
© Copyright
2006 by Classbrain.com
Keywords: Thailand Economy, Thailand, Economy, country of Thailand, general information, country reports, classbrain, country information, information on Thailand, Economy of Thailand
Top of Page
|
