How is the Thai economy? What are the characteristics of the Thai economy?

Updated on international 2024-05-21
13 answers
  1. Anonymous users2024-02-11

    I spent some time in Thailand and have a lot of friends in Vietnam. As Brother Ren downstairs said, it is true that when the economic crisis in Southeast Asia hit the Thai economy hard, it has rebounded in recent years, and the exchange rate of the Thai baht against the US dollar is about 30:1 recently, which is relatively strong.

    The Thai people are not the most industrious and hard-working, they enjoy life more, Thailand has not been colonized, so history brings the people a life scene of living and working in peace and contentment, the people's "being prepared for danger in times of peace" is not strong, life is relatively good, everyone is very happy every day. The poor live the life of the poor, and the rich live the life of the rich. Of course, the gap between the rich and the poor is still very large.

    Combined with this consciousness of the entire famous ethnic group, naturally they are not the most hard-working and hard-working, and they do not want the Chinese and Vietnamese to dare to fight so hard. However, Thailand's unique climate, giving birth to beautiful islands in the south, coupled with Thailand's ** support for tourism and the legal legalization of the sex industry, Thailand attracts tourists from all over the world, and tourism is a pillar industry. Thailand's agriculture is also one of the pillar industries, and fragrant rice is famous all over the world.

    Hanoi in Vietnam is not as prosperous as Bangkok, Thailand, but the Vietnamese people have a sense of "crisis" because of their recent history, and the Vietnamese people are also very industrious and brave, and Vietnam has developed very rapidly in recent years. A lot of foreign investors have started to move labor-intensive and even brain-intensive industries to Vietnam. Economic growth may be the key word for Vietnam in the next few years.

  2. Anonymous users2024-02-10

    3.Economic Overview.

    Since the 90s, due to the influence of the Gulf War and the domestic political situation, Thailand's economic growth rate has declined, but the average annual growth rate is still about 8 percent. With the development of manufacturing and service industries, especially the rise of tourism, Thailand's economic structure has undergone major changes, from an agricultural country that used to mainly export agricultural products to a newly industrialized country. In 1995, Thailand's per capita income exceeded $2,500, and the World Bank classified Thailand as a middle-income country.

    The main problems are the overload of existing infrastructure, the lack of engineering and technical personnel, and the lag in education and science and technology, which have affected economic growth. In 1996, Thailand's economic growth rate plummeted to the lowest level in the past 13 years. In particular, there has been a serious decline in foreign trade, with the growth rate plummeting to less than 1%.

    The current account deficit is a percentage of GDP, and inflation has also risen to. In the 1996 fiscal year, 51 state-owned enterprises across the country invested 258 billion baht in infrastructure such as transportation, communications, housing, electricity, and water supply. In the 1996 fiscal year, the total state expenditure was 777.3 billion baht.

  3. Anonymous users2024-02-09

    Unlikely to catch up! Personally, I feel that the quality of Thai people is still relatively high, and talent determines everything! In addition, Thailand's service industry is much better than Vietnam's, and the economy supported by the tertiary industry will be more durable in the future, what do you think?

  4. Anonymous users2024-02-08

    Between 1985 and 1995, Thailand's economy grew at the fastest pace in the world. The 1997 currency crisis in Thailand triggered an Asian economic crisis, with the ratio of the Thai baht to the dollar falling from 26:1 to 56: the national economy fell by 10% in 10 years.

    Since 1999, Thailand's economy has begun to recover. The main drivers are exports and tourism.

    Located in Chiang Mai's rice farmlands, Thailand is the world's largest rice exporter, with a gross national income per capita of about US$2,844, according to the World Bank's latest economic rankings (June 2008 to May 2009). The gap between the rich and the poor is serious, and Thailand has often had coups in recent years, and now Thailand is facing the problem of how to curb coups while developing its economy.

  5. Anonymous users2024-02-07

    Thai economy. 1.Natural resources.

    Thailand's main mineral resource is tin, with a total reserve of about 1.5 million tons, ranking first in the world. 98% of Thailand's tin production comes from placer deposits, with tin content.

    Up to 65%. Other minerals are tungsten, lignite, iron, copper, oil, natural gas, precious stones, salt, lead, gypsum, antimony, manganese, fluorite, gold and more.

    chromium, etc. Thailand is also rich in forest resources, with a variety of tropical evergreen trees, mainly including banyan trees, pandanus, camphor trees, cinchona trees, etc.

    The monsoon forests mainly produce teak, iron, sand and mango trees, as well as various kinds of rattan and bamboo. In the inland rivers and the Gulf of Thailand, a variety of fish are abundant, freshwater fish mainly carp, mudskipper, sea bass, eel, etc., and marine fish are mainly mackerel and sardines.

    2.A Brief History of the Economy.

    Thailand was originally an agricultural country. In 1960, agricultural income accounted for about 80 percent of national income, agricultural labor accounted for 83 percent of total employment, and industry was only one.

    accounted for 5% and the service sector accounted for 12%. It can be seen that Thailand's industrial base is very weak and the starting point is low. In order to enter the line of industrialized countries as soon as possible.

  6. Anonymous users2024-02-06

    Thailand has the largest gap between rich and poor in the world. This phenomenon is caused by their ideological and political awareness of this current model, and they do not want to change it. The native Thai culture continues the Indian culture, making them aware of this hierarchy from the beginning.

    Since the introduction of a constitutional monarchy in 1932, Thailand has pursued the "democratic, free, democratic" system of Western countries, while the private system of the West has clarified this inequality, both politically and legally, and the serious gap with Western countries. The rich and the poor. So, in a sense, Thailand has completely inherited the shortcomings of Indian and Western culture, and even the most unreasonable, to the extreme, but the Thais themselves enjoy it.

    This has created the arrogance of the Thai people. <>

    According to official statistics, the number of domestic tourists visiting Thailand in 2018 was about 8.8 million. And that's just the case in our country. Under the epidemic, everyone naturally will not go abroad.

    This means that Thailand's tourism industry is close to collapse, and it is not uncommon for the economy to fall to its lowest point in more than 20 years. <

    Thais are very good at daydreaming. Whether it is possible or not, take a dip in your daydreams. I'm pretty sure :

    Thailand will see a fifth wave in October and December, which will be more severe than the previous four. Various mutations will converge and develop in Thailand. The virus in Thailand cannot be contained for at least two years.

    It will take at least five years or more for Thailand's economy to return to pre-pandemic levels. All this is proud of the continuous implementation of wave after wave of epidemic prevention and control measures in Thailand**. Thailand's royal power, ** and military leaders will not have a great impact, but the common people of Thailand will suffer.

  7. Anonymous users2024-02-05

    Because the epidemic in Thailand is serious now, and there is no good way to solve it, it will affect the economy and cause the economy to fall into a trough.

  8. Anonymous users2024-02-04

    After the outbreak of the pandemic, foreign tourists in Thailand fell to almost zero, plunging its economy into a low point in more than 20 years. Thailand** said it plans to allow vaccinated tourists to travel from October 1 in the capital and other areas.

  9. Anonymous users2024-02-03

    I think it's a global pandemic. Because Thailand is a country that makes a profit from tourism, the epidemic has caused a cliff in the number of tourists**.

  10. Anonymous users2024-02-02

    Summary. According to the latest World Bank economic rankings, Thailand's per capita gross national income is about 5,894 US dollars, which is a middle-income country with a serious gap between the rich and the poor. <>

    According to the latest World Bank economic rankings, Thailand's per capita gross national income is about 5,894 US dollars, which is a middle-income country with a serious gap between the rich and the poor. <>

    The Bank of Thailand expects Thailand's economy to grow around year-on-year this year, with an overall inflation rate of about. By the end of this year or early next year, Thailand's economy could return to pre-pandemic levels. Thailand's GDP growth will remain unchanged in 2022 and will increase in 2023, but various factors such as inflation, interest rates**, and the slowdown in the economic growth of partner countries will still have a certain impact on Thailand's economic development.

    Thailand is a constitutional monarchy in Southeast Asia with an area of 513,120 square kilometers. The capital and largest city is Bangkok.

    Bordered by Laos and Cambodia to the east, the Gulf of Siam and Malaysia to the south, and Myanmar and the Andaman Sea to the west, Thailand is one of the founding countries of the Association of Southeast Asian Nations. <>

  11. Anonymous users2024-02-01

    Hello, it is a pleasure to serve you and give you the following answer: Thailand is ranked 20th in the world in terms of economy. The main reasons for Thailand's economic development are as follows:

    1.Policies: Thailand has adopted a series of policies to promote economic development, including improving fiscal policy, improving policy, and improving the investment environment.

    2.Labor: Thailand has an abundant labor force, with low labor costs and a high level of technology, which is conducive to economic development.

    3.Natural Resources: Thailand is blessed with abundant natural resources such as minerals, forests, fisheries, etc., which are conducive to economic development.

    4.Market: Thailand has a large domestic market, which is conducive to economic development.

    The steps to solve the problem of economic development in Thailand are as follows:1Strengthen the ** policy:

    Fiscal policy, policy, investment environment, etc., should be strengthened to promote economic development. 2.Strengthen workforce training:

    **Labor training should be strengthened to improve the technical level of the labor force to improve economic efficiency. 3.Strengthening the protection of natural resources

    ** The protection of natural resources should be strengthened to protect natural resources and promote economic development. 4.Expand the market:

    ** Ties with international markets should be strengthened and expanded in order to promote economic development. Personal tip: To boost economic development, effective policies should be adopted, such as strengthening workforce training, strengthening natural resource conservation, expanding markets, and improving economic efficiency, so as to better promote economic development.

  12. Anonymous users2024-01-31

    Poor, Thailand is out of Bangkok, all in the countryside, but Bangkok, the only big city in the country, has been built into a world-famous international city;

  13. Anonymous users2024-01-30

    Poor. In fact, the income of ordinary residents living in Bangkok is generally not very high, there are not many factories in Bangkok, and most of the residents are not highly educated, and they are mainly engaged in service industries or light industries or traders, and their income can be imagined. The price of goods in Bangkok is a little higher than that in China, and it is said that Thailand is rich in fruits, but when I go out to study abroad, I can only drool when I see fruits, and I can't afford it!

    I haven't eaten a few bites of fruit in a year, poor. Out of Bangkok, the farther away from Bangkok, the poorer you are, in addition to Bangkok, Chiang Mai is a little better, but not to mention that it is better than the second and third tier cities in China, and the fourth and fifth tier cities are better than Chiang Mai.

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I've been here for two years, let me tell you, Zhongshan is very big, it takes more than an hour to drive from south to north, 80% of the places you drive through are the suburbs and desolate feelings, and occasionally you drive through one or two places that are very prosperous, there are McDonald's Starbucks RT-Mart, but it's only about a few hundred meters, and immediately you enter another wilderness. It's so poor, it's inconvenient.