Macroeconomics
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)Last updated: 31 October 2019
Facts about Thailand
| Population (2018) | 66.41 million |
| ASEAN Population | 639 million |
| Literacy Rate (age 6 and over can read and write) | 93% |
| Minimum Wage | 308 - 330 Baht/day |
| GDP (2018) | US$505 billion |
| GDP per Capita (2018) | US$7,445.4 |
| GDP Growth (2018) | 4.1% |
| GDP Growth (2019, projected) | 3.3% - 3.8% |
| Export Growth (2018) | 7.2% |
| Export Growth (2019, projected) | 4.1% |
| Trade Balance (2018) | US$22.3 billion |
| Current Account Balance (2018) | US$35.2 billion |
| International Reserves (2018) | US$205.6 billion |
| Capacity Utilization Rate (2018) | 69.76% |
| Core Inflation (2018) | 0.7 |
| Headline Inflation (2018) | 1.1 |
| Consumer Price Index (Oct 2019) (2015=100) | 102.74 |
| Corporate Income Tax | 10-20% |
| Withholding Tax | 0-15% |
| Value Added Tax | 7% |
October 2019 Average Exchange Rates
| US$1 | 30.37 baht |
| €1 | 33.52 baht |
| £1 | 38.30 baht |
| 100 ¥ | 28.09 baht |
| CNY1 | 4.28 baht |
