- Conventional long form
- Kingdom of Thailand
- Conventional short form
- Thailand
- Local long form
- Ratcha Anachak Thai
- Local short form
- Prathet Thai
- Name
- Bangkok
- Geographic coordinates
- 13 45 N, 100 31 E
- Time difference
- UTC+7 (12 hours ahead of Washington, DC, during Standard Time)
- Inflation
- 0.188%
- External debt stocks
- US$ 129,654,081,000
- Total tax rate (% of commercial profits)
- 32.6%
- Real Interest Rate
- 4.49%
- Manufacturing, value added (% of GDP)
- 27.425%
- Current Account Balance
- US$ 32,149,025,661
- Labor Force, Total
- 40,381,693
- Employment in Agriculture
- 32.28%
- Employment in Industry
- 23.68%
- Employment in Services
- 43.87%
- Unemployment Rate
- 0.63%
- Imports of goods and services
- US$ 220,487,308,063
- Exports of goods and services
- US$ 280,433,423,990
- Total Merchandise Trade
- 100.78%
- FDI, net inflows
- US$ 9,003,516,296
- Commercial Service Exports
- US$ 61,394,965,084
- Commodities
- automobiles and parts, computer and parts, jewelry and precious stones, polymers of ethylene in primary forms, refine fuels, electronic integrated circuits, chemical products, rice, fish products, rubber products, sugar, cassava, poultry, machinery and parts, iron and steel and their products
- Partners
- US 11.2%, China 11.1%, Japan 9.4%, Hong Kong 5.5%, Malaysia 4.8%, Australia 4.6%, Vietnam 4.2%, Singapore 4.1% (2015)
- Commodities
- machinery and parts, crude oil, electrical machinery and parts, chemicals, iron & steel and product, electronic integrated circuit, automobile’s parts, jewelry including silver bars and gold, computers and parts, electrical household appliances, soybean, soybean meal, wheat, cotton, dairy products
- Partners
- China 20.3%, Japan 15.4%, US 6.9%, Malaysia 5.9%, UAE 4% (2015)
- Country Risk Rating
- A4
- A somewhat shaky political and economic outlook and a relatively volatile business environment can affect corporate payment behavior. Corporate default probability is still acceptable on average.
- Business Climate Rating
- A4
- The business environment is acceptable. Corporate financial information is sometimes neither readily available nor sufficiently reliable. Debt collection is not always efficient and the institutional framework has shortcomings. Intercompany transactions may thus run into appreciable difficulties in the acceptable but occasionally unstable environments rated A4.
- Diversified and efficient agricultural and industrial production
- Regional hub open to its dynamic neighbors
- Banking system becoming stronger
- Recurring political instability since 2006
- Foreign trade dependent on the Chinese economy
- Business climate marked by lasting links between the private sector and politicians
- High household debt