Indicators of economy in Thailand
The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.905 US Dollar per capita. In contrast, the GDP in Thailand reached 7.189 US dollars per inhabitant, or 501.79 bn US Dollar in the whole country. Thailand is therefore currently ranked 24 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Thailand is in the list of the world's richest countries in place 67.Inflation in Thailand was in 2020 at around -0.85%. For the the EU, the average of the same was year at 0.50%.
Compared to Germany, the prices for convenience goods are approximately 55.10% lower.
The Corruption Perceptions Index for the public sector counts 36 and is compared to other countries bad.
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Impact of the Covid-19 pandemic in 2020
The consequences of the Covid pandemic were not insignificant in Thailand 2020. Overall, gross domestic product in 2020 fell from 544.26 billion US Dollar auf 501.79 billion US Dollar. With a drop of 7.8 percent, the economy in Thailand suffered more significant losses than other countries.. The unemployment rate rose from 0.7 to 1.0 percent. The inflation rate has fallen from 0.7 percent previously to -0.8 percent by the end of 2020.Unemployment rates in percent 1991 - 2020
Economic performance 2020
| Thailand Total | Thailand per capita | EU Total | EU per capita | |
|---|---|---|---|---|
| GDP | 501.79 bn USD | 7,189.04 USD | 15,276.47 tn USD | 29,662.47 USD |
| Gross national product | 491.91 bn USD | 7,047.40 USD | 15,261.33 tn USD | 29,633.07 USD |
Thailand ranked 36th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea. 15 of the 2000 largest listed companies in the world originate from Thailand. This is determined annually in the "Forbes Global 2000" list. The 10 largest companies in the country were in 2020:
Rank 170: PTT (Bangkok)
Rank 693: Siam Cement (Bangkok)
Rank 714: Kasikornbank (Bangkok)
Rank 745: Siam Commercial Bank (Bangkok)
Rank 783: CP All (Bangkok)
Rank 855: Bangkok Bank (Bangkok)
Rank 1002: Thai Beverage (Bangkok)
Rank 1046: Krung Thai Bank (Bangkok)
Rank 1068: Advanced Info Service (Bangkok)
Rank 1071: Charoen Pokphand Foods (Bangkok)
Development of the Gross domestic product in billion US Dollar 1979 - 2020
Im- and Exports 2020
| Thailand Total | Thailand per capita | EU Total | EU per capita | |
|---|---|---|---|---|
| Imports | 233.75 bn USD | 3,348.90 USD | 7,314.16 bn USD | 14,201.97 USD |
| Exports | 258.42 bn USD | 3,702.28 USD | 7,834.94 bn USD | 15,213.17 USD |
Development of imports and exports in billion US dollars 1979 - 2020
Exports
Imports
Largest airports and airlines in Thailand
Public holidays in Thailand 2021-2025
List of the 11 current Pariah States