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Thailand

With a well-developed infrastructure, a free-enterprise economy, generally pro-investment policies, and strong export industries, Thailand enjoyed solid growth from 2000 to 2008 - averaging more than 4% per year - as it recovered from the Asian financial crisis of 1997-98. Thai exports - mostly machinery and electronic components, agricultural commodities, and jewelry - continue to drive the economy, accounting for as much as three-quarters of GDP. The global financial crisis of 2008-09 severely cut Thailand's exports, with most sectors experiencing double-digit drops.
Economy of Thailand
Currency Baht
Fiscal Year
GDP (PPP) $538.6 billion (2009 est.)
GDP (per capita) $8,100 (2009 est.)
Exports $150.9 billion (2009 est.)
Imports $131.5 billion (2009 est.)
Main Industries Tourism, Textiles and Garments, Agricultural Processing, Beverages, Tobacco, Cement, Light Manufacturing Such As Jewelry and Electric Appliances, Computers and Parts, Integrated Circuits, Furniture, Plastics, Automobiles and Automotive Parts; World's Second-largest Tungsten Producer and Third-largest Tin Producer
Exports - Commodities Textiles and Footwear, Fishery Products, Rice, Rubber, Jewelry, Automobiles, Computers and Electrical Appliances
Imports - Commodities Capital Goods, Intermediate Goods and Raw Materials, Consumer Goods, Fuels
Exports Partners US 10.9%, China 10.6%, Japan 10.3%, Hong Kong 6.2%, Australia 5.6%, Malaysia 5% (2009 est.)
Imports Partners Japan 18.7%, China 12.7%, Malaysia 6.4%, US 6.3%, UAE 5%, Singapore 4.3%, South Korea 4.1% (2009 est.)