Thailand's Economy

Agriculture is the primary means of employment, but industry, commerce, and services account for the 80% of the gross domestic product.

Thailand is one of the world's largest producers of rice, and this accounts for much of the country's agricultural output.

Main Exports

Pie Chart
Construction 7%, Agriculture 13%, Industry 32%, Services 48%

Bangkok is a major centre for the cutting and trading of gemstones, as well as the production of high quality gold and silver jewellery.

In the last few years electronics, computers and integrated circuits, have become a major export earner and look set to play and increasing role in the future.

Oil refineries, chemical plants, steel mills and similar industries are mainly centered around Sri Racha (30km north of Pattaya) and Mab ta Phut just east of Rayong.

Property

Thailand's once hard hit property sector has experienced a steady recovery for two straight years, particularly in the middle class residential market. Developers are confident that the market will remain steady and and not slum over the next few years.

Mega projects

Bangkok's International Suvarnabhumi Airport is now complete and was opened for business in late September 2006. All domestic and international flights now arrive to and depart from the new airport. The airport is located in Racha Thewa in the Bang Phli district of Samut Prakan province, 30 kilometers east of Bangkok.

The government is proposing to spend US $60 billion on infrastructure projects includung high speed rail links.

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