Thai, Thai and other languages 6.4, only other languages 2.9, Burmese), English is a secondary language among the elite
Economic Overview
Key economic indicators for Thailand
GDP:
$1.516 trillion
GDP per Capita:
$21,100
GDP Growth:
1.89%
Inflation:
1.23%
Unemployment:
0.91%
Public Debt:
61.24% of GDP
Credit Rating:
BBB+ (2004)
Political System
Governance structure of Thailand
Government Type:
constitutional monarchy
Head of State:
King WACHIRALONGKON; also spelled Vajiralongkorn (since 1 December 2016)
Head of Government:
Prime Minister PHAETHONGTHAN Chinnawat; also spelled PAETONGTARN Shinawatra (since 18 August 2024)
Judiciary:
Supreme Court of Justice (consists of the court president, 6 vice presidents, 60-70 judges, and organized into 10 divisions); Constitutional Court (consists of the court president and 8 judges); Supreme Administrative Court (number of judges determined by Judicial Commission of the Administrative Courts)
Administrative Divisions:
76 provinces (changwat, singular and plural) and 1 municipality* (maha nakhon); Amnat Charoen, Ang Thong, Bueng Kan, Buri Ram, Chachoengsao, Chai Nat, Chaiyaphum, Chanthaburi, Chiang Mai, Chiang Rai, Chon Buri, Chumphon, Kalasin, Kamphaeng Phet, Kanchanaburi, Khon Kaen, Krabi, Krung Thep* (Bangkok), Lampang, Lamphun, Loei, Lop Buri, Mae Hong Son, Maha Sarakham, Mukdahan, Nakhon Nayok, Nakhon Pathom, Nakhon Phanom, Nakhon Ratchasima, Nakhon Sawan, Nakhon Si Thammarat, Nan, Narathiwat, Nong Bua Lamphu, Nong Khai, Nonthaburi, Pathum Thani, Pattani, Phangnga, Phatthalung, Phayao, Phetchabun, Phetchaburi, Phichit, Phitsanulok, Phra Nakhon Si Ayutthaya, Phrae, Phuket, Prachin Buri, Prachuap Khiri Khan, Ranong, Ratchaburi, Rayong, Roi Et, Sa Kaeo, Sakon Nakhon, Samut Prakan, Samut Sakhon, Samut Songkhram, Saraburi, Satun, Sing Buri, Si Sa Ket, Songkhla, Sukhothai, Suphan Buri, Surat Thani, Surin, Tak, Trang, Trat, Ubon Ratchathani, Udon Thani, Uthai Thani, Uttaradit, Yala, Yasothon
Major Political Parties
Not specified
International Relations
Global position and alliances
UN Member:
Yes
EU Member:
No
Diplomatic Presence:
1024 Wisconsin Avenue NW, Suite 401, Washington, DC 20007
Major Alliances and Organizations
ASEAN
Economic Sectors & Trade
Detailed economic breakdown
Major Economic Sectors
Agriculture
8.6% (2023 est.)
Industry
32.9% (2023 est.)
Services
58.5% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Trade Volume
Exports:
$337.45 billion
Imports:
$327.008 billion
Major Trading Partners
USA 18
China 13
Japan 7
Australia 4
Singapore 4
Economic Outlook
Thailand has a 1.89% GDP growth rate with 1.23% inflation. The economy is characterized by a strong agriculture sector.