Thailand's key economic indicators as of July 2012 are as follows:
1) GDP growth for 2011 was 0.1% but is projected to increase to 5.5-6.0% in 2012. GDP per capita was 5,112 USD in 2011 and is estimated to be 5,408.7 USD in 2012.
2) Exports decreased 3.9% year-over-year to 19.2 billion USD while imports increased 13.3% to 18.8 billion USD. Private consumption and investment grew 7.0% and 19.5% respectively.
3) Inflation was at 2.73% while the policy interest rate was set at 3.00%
Thailand's key economic indicators as of July 2012 are as follows:
1) GDP growth for 2011 was 0.1% but is projected to increase to 5.5-6.0% in 2012. GDP per capita was 5,112 USD in 2011 and is estimated to be 5,408.7 USD in 2012.
2) Exports decreased 3.9% year-over-year to 19.2 billion USD while imports increased 13.3% to 18.8 billion USD. Private consumption and investment grew 7.0% and 19.5% respectively.
3) Inflation was at 2.73% while the policy interest rate was set at 3.00%
Thailand's key economic indicators as of July 2012 are as follows:
1) GDP growth for 2011 was 0.1% but is projected to increase to 5.5-6.0% in 2012. GDP per capita was 5,112 USD in 2011 and is estimated to be 5,408.7 USD in 2012.
2) Exports decreased 3.9% year-over-year to 19.2 billion USD while imports increased 13.3% to 18.8 billion USD. Private consumption and investment grew 7.0% and 19.5% respectively.
3) Inflation was at 2.73% while the policy interest rate was set at 3.00%
Thailand's key economic indicators as of July 2012 are as follows:
1) GDP growth for 2011 was 0.1% but is projected to increase to 5.5-6.0% in 2012. GDP per capita was 5,112 USD in 2011 and is estimated to be 5,408.7 USD in 2012.
2) Exports decreased 3.9% year-over-year to 19.2 billion USD while imports increased 13.3% to 18.8 billion USD. Private consumption and investment grew 7.0% and 19.5% respectively.
3) Inflation was at 2.73% while the policy interest rate was set at 3.00%
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As of 7 September 2012 Thailands Economic Fact Sheet
Economic Projections* GDP (billions US$) GDP growth (%) GDP per capita (US$ per year) Exports (billions US$) Exports growth (%) Imports (billions US$) Imports growth (%) Trade balance (billions US$) Current Account balance (billions US$) Current Account balance to GDP (%) Inflation - CPI (%) Source: NESDB (08/2012)
Average exchange rate: 31.64 THB/USD, depreciated by 0.4% (m-o-m)
P /2
Foreign tourists: 1.81 mil., +5.3% (y-o-y) /6 Top 10 Import Origins (1 Half of 2012) Financial data /2
12%
China Japan 10% USA Malaysia Hongkong 10% Indonesia Singapore Australia 5%
20% 32%
Japan China UAE Malaysia USA 15% South Korea Sw itzerland
39%
Interest rates : Policy interest rate: 3.00% (since 25/01/2012); Average MLR (07/2012): 7.13%; Average 12-m deposit rate (07/2012): 2.86% /3 Stock market On 03/09/2012, SET index closed at 1235.48 points, increased by 20.49% (year-to-date) Rating of Sovereign bonds S&P: BBB+ stable / Fitch: BBB stable / Moodys: Baa1 stable Tax Rates /4
2% 3% 4% 5% 5%
Vietnam India Others
3% 3% 3% 4% 3% 5% 5%
Taiw an 7% Singapore Indonesia Others
5%
Corporate Income Tax: 10 - 23% Withholding tax: 10 - 15% VAT: 7% Source: /1 NESDB; /2 Bank of Thailand; /3 Stock Market Exchange of Thailand; /4 Ministry of Finance; /5 Ministry of Industry; /6 Ministry of Commerce; /7 World Bank Note: Green = increase; Red = decrease from P previous Fact Sheet; = preliminary; F = forecast; *TDI = Thai Direct Investment (Outward FDI from enterprises in Thailand) Division of Economic Information Department of International Economic Affairs
Top 10 Exports (1 Half of 2012) Auto. Parts & Accessories Computers, Equipments & Parts Refined Fuels Precious Stone & Accessories Rubber Plastic Pellets Chemical Products Rubber Products Electronic Circuit Boards Machinery & Parts
Top 10 Imports (1 Half of 2012) Crude Oil Machinery & Parts Electrical Machinery & Parts Chemical Products Iron, Steel & Products Precious Stone, Jewellery & Gold Electrical Circuit Boards Auto. Parts & Accessories Other Metal Ores Vegetables and Products
NESDB Economic Outlook, August 2012; Bank of Thailands Monthly Report 31 August 2012, for July 2012. Division of Economic Information Department of International Economic Affairs
