Macroeconomics
Last updated: 27 November 2018
Source : Official Statistics Registration Systems., Office of The National Economic and Social Development Board (http://www.nesdb.go.th/main.php?filename=macroeconomics), Ministry of Commerce (http://www.price.moc.go.th/price/cpi/index_new_e.asp), and Bank of Thailand (https://www.bot.or.th/English/Statistics/Indicators/Pages/default.aspx and https://www.bot.or.th/English/Statistics/FinancialMarkets/Pages/StatExchangeRate.aspx)
Facts about Thailand
| Population (2017) | 66.19 million |
| ASEAN Population | 639 million |
| Literacy Rate | 98% |
| Minimum Wage | 308 - 330 Baht/day |
| GDP (2017) | US$455.3 billion |
| GDP per Capita (2017) | US$6,730.2 |
| GDP Growth (2017) | 3.9% |
| GDP Growth (2018, projected) | 4.2% |
| Export Growth (2017) | 9.8% |
| Export Growth (2018, projected) | 7.2% |
| Trade Balance (2017) | US$34.2 billion |
| Current Account Balance (2017) | US$51.1 billion |
| International Reserves (2017) | US$202.6 billion |
| Capacity Utilization Rate (2017) | 67.12% |
| Core Inflation (2017) | 0.6 |
| Headline Inflation (2017) | 0.7 |
| Consumer Price Index (Nov 2018) (2015=100) | 102.40 |
| Corporate Income Tax | 10-20% |
| Withholding Tax | 0-15% |
| Value Added Tax | 7% |
November 2018 Average Exchange Rates
| US$1 | 32.97 baht |
| €1 | 37.45 baht |
| £1 | 42.53 baht |
| 100 ¥ | 29.09 baht |
| CNY1 | 4.75 baht |
Source : Official Statistics Registration Systems., Office of The National Economic and Social Development Board (http://www.nesdb.go.th/main.php?filename=macroeconomics), Ministry of Commerce (http://www.price.moc.go.th/price/cpi/index_new_e.asp), and Bank of Thailand (https://www.bot.or.th/English/Statistics/Indicators/Pages/default.aspx and https://www.bot.or.th/English/Statistics/FinancialMarkets/Pages/StatExchangeRate.aspx)
