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Makroökonomie

Macroeconomics

Facts about Thailand

Population (2021) 66.17 million
ASEAN Population 661 million
Literacy Rate (age 15 and over can read and write) 93.8%
Minimum Wage 313 - 336 Baht/day
GDP (2021) US$505.6 billion
GDP per Capita (2021) US$7,255
GDP Growth (2021) 1.5%
GDP Growth (2022, projected) 2.7% - 3.2%
Export Growth (2021) 19.2%
Export Growth (2022, projected) 7.9%
Trade Balance (2021) US$39.9 billion
Current Account Balance (2021) US$-11.0 billion
International Reserves (2021) US$279.16 billion
Industrial Capacity Utilization (2021) 63.00%
Core Inflation (2021) 0.2
Headline Inflation (2021) 1.2
Consumer Price Index (Aug 2022) (2019=100) 107.46
Corporate Income Tax 10-20%
Withholding Tax 0-15%
Value Added Tax 7%

Aug 2022 Average Exchange Rates

US$1 35.88 baht
€1 36.29 baht
£1 42.99 baht
100 ¥ 26.56 baht
CNY1 5.28 baht
Source : Office of The National Economic and Social Development Council, Ministry of Commerce, and Bank of ThailandLast updated: September 16th, 2022

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