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GrettaAniston Offline

Beiträge: 7

18.12.2022 07:47
Economy of Thailand Antworten

The local currency is the Thai baht. The symbol used for this currency is ฿ and is abbreviated as THB. 1.1% of the country's population is unemployed. The total number of unemployed in Thailand is 761,015. Every year Thailand exports about US$225.4 billion and imports about US$219 billion. The country's Gini index is 39.4. Thailand has a Human Development Index (HDI) of 0.722. The Global Peace Index (GPI) for Thailand is 2.303. Thailand has a public debt of 43.3% of the country's gross domestic product (GDP) as estimated in 2012. Thailand is considered a developing country. A nation's stage of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. The country's major industries are tourism, textiles and clothing, agricultural processing, beverages, tobacco, cement, light industries such as jewelry and electrical appliances, computers and parts, integrated circuits, furniture, plastics, automobiles and automobile parts, agricultural machinery and air conditioning and refrigeration, Ceramics, Aluminum, Chemicals, Environmental Management, Glass, Granite & Marble, Leather, Machinery & Metalworking, Petrochemicals, Petroleum Refining, Pharmaceuticals, Printing, Pulp & Paper, Rubber, Sugar, Rice, Fisheries, Cassava, World's second largest tungsten producer and third largest tin producer.

Total Gross Domestic Product (GDP) valued as Purchasing Power Parity (PPP) in Thailand is US$1,069,569 billion. Every year, consumers spend around $218,205 million. The ratio of consumer spending to GDP in Thailand is 0% and the ratio of consumer spending to world consumer market is 0.51. Corporate tax in Thailand is 20%. Personal income tax ranges from 0% to 35% depending on your specific situation and income level. VAT in Thailand is 7%.

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