Kingdom of Thailand

Capital: Bangkok             HDI: 0.722 (89th)

Language: Thai              GDP (PPP): $985.5 billion

Population: ~ 68 million  Currency: Baht

Thailand is considered one of the world’s newly industrialized countries and is one of the largest economies in Southeast Asia, only surpassed in size by Indonesia. The country experiences full employment for its citizens and actually attracts foreign workers from the surrounding countries due to labor shortages. The country has been applauded by the World Bank for its successful development, where poverty has rapidly disappeared and the income gap has been improved. Industry and manufacturing make up a huge part of the Thai economy, in particular electronics and automobile exports. The government has passed generally pro-investment policies.

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