Thailand Economy
Thailand economy is a market system — “With a well-developed infrastructure, a free-enterprise economy, and generally pro-investment policies Thailand historically has had a strong economy” (The World Factbook). Thailand is also known for having strong export industries.
Thailand is home for production of many items. Some agricultural examples include rice, cassava, rubber, corn, sugarcane, livestock, and fish products. Some industrial items they produce include automobiles and parts, computers and parts, jewelry and precious stones, and machinery. All products and goods listed are used for export. Thailand ranks at number 23, being at $214.8 billion (2015 est.), when compared to the rest of the world in exports. Thailand’s main export partners include China 11%, US 10.5%, Japan 9.6%, Malaysia 5.6%, Hong Kong 5.5%, Singapore 4.6%, Indonesia 4.2%, Australia 4.1% (2014).
The GPD, per capita, of Thailand is $16,100 based on the 2015 estimate. In comparison to the rest of the world, Thailand falls at number 100.
Sources:
The World Factbook: Thailand. (2016, March 14). Retrieved March 20, 2016, from https://www.cia.gov/library/publications/the-world-factbook/geos/th.html
Thailand is home for production of many items. Some agricultural examples include rice, cassava, rubber, corn, sugarcane, livestock, and fish products. Some industrial items they produce include automobiles and parts, computers and parts, jewelry and precious stones, and machinery. All products and goods listed are used for export. Thailand ranks at number 23, being at $214.8 billion (2015 est.), when compared to the rest of the world in exports. Thailand’s main export partners include China 11%, US 10.5%, Japan 9.6%, Malaysia 5.6%, Hong Kong 5.5%, Singapore 4.6%, Indonesia 4.2%, Australia 4.1% (2014).
The GPD, per capita, of Thailand is $16,100 based on the 2015 estimate. In comparison to the rest of the world, Thailand falls at number 100.
Sources:
The World Factbook: Thailand. (2016, March 14). Retrieved March 20, 2016, from https://www.cia.gov/library/publications/the-world-factbook/geos/th.html
Education in Thailand
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This table shows the total secondary gross enrollment ratio for all genders in Thailand from 1975-2015. It has increased a great deal, and is still on the rise. This supports the UN Global Initiative goal of having every child in school.
Source: Quandl. (2015). Thailand - Education Data. Retrieved April 06, 2016, from https://www.quandl.com/collections/thailand/thailand-education-data |
This chart shows the distribution of Thailand's 15 year olds on the 2012 PISA reading assignment. 1% is labeled as high performers, 67% are labeled as average, and 32% are considered functionally illiterate.
Source: World Bank Group. (2015, May 1). Thailand: Wanted A Quality Education for All Report 2016. Retrieved April 06, 2016, from http://www.slideshare.net/noumfone/thailand000-wan0ty0education0for0all |
Thai Government Structure
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