Thailand is a country at the centre of the Indochinese peninsula in Southeast Asia. The Thai economy is the world's 20th largest by GDP at PPP and the 27th largest by nominal GDP. It became a newly industrialised country and a major exporter in the 1990s. Manufacturing, agriculture, and tourism are leading sectors of the economy.[1][2] The economy is heavily export-dependent, with exports accounting for more than two-thirds of gross domestic product (GDP). Thailand exports over US$105 billion worth of goods and services annually.[3]
Substantial industries include electric appliances, components, computer components, and vehicles. Thailand's recovery from the 1997–1998 Asian financial crisis depended mainly on exports, among various other factors. As of 2012[update], the Thai automotive industry was the largest in Southeast Asia and the 9th largest in the world.[4][5][6] The Thailand industry has an annual output of near 1.5 million vehicles, mostly commercial vehicles.[6]
For further information on the types of business entities in this country and their abbreviations, see "Business entities in Thailand".
^Thailand and the World Bank Archived 2011-05-01 at the Wayback Machine, World Bank on Thailand country overview.
^The Guardian, Country profile: Thailand, 25 April 2009.
^Thailand, The World Factbook.
^Santivimolnat, Santan (18 August 2012). "2-million milestone edges nearer". Bangkok Post. The Post Publishing.
^Languepin, Olivier (3 January 2013). "Thailand poised to Surpass Car Production target". Thailand Business News. Archived from the original on 15 January 2013. Retrieved 20 January 2013.
^ ab"Production Statistics". OICA (International Organization of Motor Vehicle Manufacturers). Archived from the original on 6 November 2013. Retrieved 26 November 2012.
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