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Thai Guide Norway

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Thai Guide Norway
Thai Guide Norway
Thai Guide Norway
Thai Guide Norway
Thai Guide Norway
Thai Guide Norway
Thai Guide Norway
Thai Guide Norway
Thai Guide Norway
Thai Guide Norway
Thai Guide Norway
Thai Guide Norway
Thai Guide Norway
Thai Guide Norway
Thai Guide Norway
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75/87 Sukhumvit Soi 85, Sukhumvit Road | Bang Chak, Phra Khanong, Bangkok 10260, Thailand

Thailand is a newly industrialized country. Its economy is heavily export-dependent, with exports accounting for more than two-thirds of its gross domestic product . In 2017, according to the IMF, Thailand had a GDP of 15.450 trillion baht , the 8th largest economy of Asia. Thailand has a headline inflation rate of 3.02 percent and an account surplus of 0.7 percent of the country's GDP. Thai economy is expected to post 4.1% growth in 2018. Its currency, Thai Baht, also ranked as the tenth most frequently used world payment currency in 2017.The industrial and service sectors are the main sectors in the Thai gross domestic product, with the former accounting for 39.2 percent of GDP. Thailand's agricultural sector produces 8.4 percent of GDP—lower than the trade and logistics and communication sectors, which account for 13.4 percent and 9.8 percent of GDP respectively. The construction and mining sector adds 4.3 percent to the country's gross domestic product. Other service sectors account for 24.9 percent of the country's GDP. Telecommunications and trade in services are emerging as centers of industrial expansion and economic competitiveness.Thailand is the second-largest economy in Southeast Asia, after Indonesia. Its per capita GDP in 2017, however, ranks in the middle of Southeast Asian per capita GDP, after Singapore, Brunei, and Malaysia. On July 2018 Thailand held US$237.5 billion in international reserves, the second-largest in Southeast Asia . Its surplus in the current account balance ranks tenth of the world, made US$49.2 billion to the country in 2017. Thailand ranks second in Southeast Asia in external trade volume, after Singapore.The nation is recognized by the World Bank as one of the great development success stories in social and development indicators. Despite a low per capita gross national income of US$5,210 and ranking 89th in the Human Development Index , the percentage of people below the national poverty line decreased from 65.26 percent in 1988 to 8.61 percent in 2016, according to the NESDB's new poverty baseline.Thailand's one of countries with the lowest unemployment rate in the world, reported as 1 percent for the first quarter of 2014. This is due to a large proportion of the population working in subsistence agriculture or on other vulnerable employment .
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