The main articles are:
GDP
2024: GDP growth of 2.5%
At the end GDP Thailand of 2024, it increased by 2.5% after an increase of 2% in 2023. Consumer spending grew by 4.4% (in 2023 - by 6.9%). Government spending rose 2.5% after falling 4.7% in 2023. Business investment in 2024 increased by 1.2%, as in 2023. Such data in February 2025 are given in the report of the Ministry of Economy and Social Development of Thailand.[1]
2023
0.5% of GDP comes from remittances from the United States
Twentieth in the world in GDP by PPP
2022
Thailand's share of global PPP GDP rises to 0.92%
Main article: World Economy
GDP size - $0.52 trillion
2021
GDP size - $0.55 trillion
Cut GDP growth forecast to 2.8%
Thailand's Finance Ministry at the end of January 2021 cut its forecast for GDP growth for 2021 to 2.8%, from the 4.5% it forecast in October 2020.
2019: GDP $530 billion or $7,600 per capita
Non-financial debt
2022: Surge in aggregate non-financial debt to more than 230% of GDP
National debt
2023: State debt - 54% of GDP
2017: State debt - 33% of GDP
Currencies: Bath and cryptocurrencies
Inflation
2024: 1.8% in May
Investments
2021: 5.65 million NFT users
Minerals
2021
Thailand's share in global rare earth production - 2.9%
Oil production per day
Power
2020: Energy consumption per capita
and
R&D
2020: R&D spending - $5.2 billion
Tourism
2024
Tourist flow from Russia to Thailand increased by 18% to 1.7 million people
The number of Russian tourists visiting Thailand reached 1.7 million people in 2024, which is 18% more than in 2023. Such data from the Ministry of Tourism and Sports of Thailand became known in early January 2025.
According to TASS, Russia ranked fifth among all countries in terms of the number of tourists visiting the kingdom, repeating the record figure in 2013. The leading position is occupied by China with 6.7 million tourists, followed by Malaysia - 4.9 million, India - 2.1 million and South Korea - 1.9 million visitors.
The head of the tourism department of Thailand, Thapani Kiatphaibun, explained that the stable growth in the number of Russian tourists over the past three years has been due to the reorientation of tourist flows towards Asia and the Middle East. According to her estimates, the income from Russian tourists in 2024 amounted to about $5 billion.
The total flow of foreign tourists to Thailand reached 35.5 million people in 2024, which is 26% more than in 2023. However, this result did not exceed the record of 2019, when 40 million foreigners visited the country, and the share of the tourism industry in GDP was 12%.[2]
Approaching tourist flow to the level before COVID-19
In October 2024, the Thai authorities expect the number of foreign tourists to reach 40 million in 2025, exceeding the record set before the COVID-19 pandemic.
2023: Growth of tourist flow from Russia 10 times to 203 thousand people in January
Russia took second place in terms of tourist flow to Thailand in January 2023, the number of tourists visiting the country increased 10 times compared to the same period last year to 203 thousand travelers.
2022: The flow of tourists from Russia to Thailand has grown 14 times to 435 thousand people
The tourist flow from Russia to Thailand in 2022 increased by more than 14 times compared to 2021 - up to 435 thousand people - ATOR.
2019
40 million foreign tourists
How dependent Thailand is on tourism:% of the industry in GDP
2018
Thailand ICT Market
Main Article: Thailand ICT Market
Food industry
2021: 3rd in the world in terms of sugar production
2019: 3rd in the world in terms of palm oil production
Retail
2024: Thailand has small per capita retail space
2018: Minimum age to purchase alcoholic beverages - 20 years
Foreign trade
Trade with Russia
Main article: Trade between Russia and Thailand
2024
11th in the world in terms of gold trade
Take-off of exports to Kyrgyzstan
Thailand's exports to Kyrgyzstan rose sharply in July 2024.
It is believed that Thailand has joined the "transshipment" of Western goods to Russia.
The US is becoming the main export destination
2023: World No. 2 rice exporter
2022
The United States is the largest export destination
No. 2 in the world in terms of rice exports
2021: China's tenth largest trading partner
2019: Computer device exports $12bn
Agriculture
2021: 7th in the world for pineapples - 1.738 million tons
2019: Low use of pesticides in agriculture
Real estate
2023: Chinese and Russians top list of foreign condo buyers in Thailand
The Chinese and Russians topped Thailand's list of foreign condo buyers in 2023, with sales soaring at tourist destinations such as Bangkok, Pattaya and Phuket. Sales rose 38% to 10,703 units in the first nine months of the year.
Unemployment
2020: Unemployment rate - 1%
Incomes of the population
2023: Minimum wage - $195
Hunger
Consumption
Meat
2023: Fish consumption is higher than meat consumption
2019: Pork is the most consumed type of meat
Notes
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