Country Analysis Thailand

Presented By:
Ankur Thakkar (PPE2004)
Kishan Patel (EMV21663)
Vikas Patel (EMV21611)
Amarjit Singh (EAB2339)
Bupinder Tanwar ( EAB2493)
 Introduction
• Situated in Southeast Asia
• Neighboring Countries: Malaysia, Burma, Laos,
Cambodia
• the head of state is the lord, and the head of
government is the PM
• Thailand is also is a part of the Asia-Pacific
Economic Cooperation and the Association of
Southeast Asian Nations
• 10 Most visited Countries in the world
• Thailand is the second largest economy in
Southeast Asia after Indonesia
• In 2016, Thailand's economy has indicated
unobtrusive recuperation, with financial
development assessed around 3% of GDP, and is
relied upon to develop by a 3.3% out of 2017.
 Political Influence
• Monarchy exists in terms of constitution
• King Rama X ruler of Thailand
• Development of political associations with the
United States are in process
• close ties with other ASEAN members like,
Indonesia, Philippines, Singapore, Brunei, Laos,
Cambodia, Burma, and Vietnam
• Wage and working hour most common issues that
have been acted upon legally
 Economic Influence
• Second Largest Economy in Southeast Asia
• Average income : Upper Middle income status
• economic growth estimated around 3% of GDP is
expected to grow by a 3.3% in 2017.
• Thailand has slowest growth in terms of economy in
relation to its neighbors
• Agriculture Provides 9% of GDP.
• Eradication of poverty lead to only 11% being under
the poverty line
• 12% GDP from automobile sector
 Social Influence
• Population has diversified Nationalities
• Thai, Indians, Lao, and Khmer.
• Religions: Islam, Buddhism, Christianity, Chinese.
• National Sport: Thai Boxing
• Spicy food Preference
 Technological Influence
• From 2006 high investment in R&D projects (Thai
Board of Investment)
• NSTDA (National Science and Technology
Development Agency) made to research on
technology and make it better.
• Genetic Engineering becoming more common
• 43% of American organizations making utilization of
the nation's IT administrations
 Factor Endowments
• Development over the recent years has seen
relative favorable position move from essential
fares of logs, minerals, angle and horticultural
items, to prepared items, for example, plywood,
metals, canned leafy foods, and arranged
sustenance items, to light makes of footwear,
materials and apparel and toys, lastly, to electrical
hardware,.
• Without a doubt, multinational endeavors have
assumed a key part in auxiliary change of the
assembling enterprises in these two economies.
 Currency
• 1 Thai Baht= 0.030 US Dollars
• The insignificant change in the Thailand Bahts to
dollars conversion scale in the course of the most
recent a year contrasted with normal change rates
in the course of the most recent 10 years fill in as a
marker that the long haul incline in THB/USD is
moderately level.
 FDI
• Foreign Direct Investment in Thailand expanded
by 35935.54 THB Million in May of 2017.
• Outside Direct Investment in Thailand arrived at
the midpoint of 20427.48 THB Million from 1997
until 2017
• Achieving an unsurpassed high of 125800.99
THB Million in December of 2013 and a record
low of - 95430.07 THB Million in June of 2013
 Trade
• Thailand is the 20th largest export economy in the
world.
• In 2015, Thailand exported $231B and imported
$190B, resulting in a positive trade balance of
$40.6B.
• In 2015 the GDP of Thailand was $395B and its GDP
per capita was $16.3k.
• The countries Thailand is involved in trade with are
the United States, China, Japan, Hong Kong and
Malaysia.
 Import and Export
Export Item Amount
Computers 18.3 billion
Trucks 9.9 billion
Circuits 9.8 billion
cars 8.61 billion
Petroleum Refined 6.19 billion

Import Amount in Billions

Crude Oil 17.2
Circuits 7.57
Gold 6.34
Vehicle parts 5.32
Gas 5.02
 Conclusion
• Low literacy rates
• Should invest more in trainings and education
• High inflation rates
• Should implement more cash flow control