What is the PPP of Thailand?

What is the PPP of Thailand?

GDP per capita PPP in Thailand is expected to reach 18100.00 USD by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand GDP per capita PPP is projected to trend around 18900.00 USD in 2022, according to our econometric models.

Where does Thailand rank in GDP?

Overall, Thailand’s economy was ranked 26th in size, and 27th for services output.

Is Thailand an industrialized country?

Thailand itself is a newly industrialized country, with a GDP of 16.316 trillion baht (US$505 billion) in 2018, the 8th largest economy of Asia, according to the World Bank.

Why is Thailand’s economy so strong?

The economy of Thailand is dependent on exports, which accounted in 2019 for about sixty per cent of the country’s gross domestic product (GDP). Thailand itself is a newly industrialized country, with a GDP of 16.316 trillion baht (US$505 billion) in 2018, the 8th largest economy of Asia, according to the World Bank.

What is China’s PPP?

GDP per capita PPP in China is expected to reach 17700.00 USD by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the China GDP per capita PPP is projected to trend around 18210.00 USD in 2022 and 18350.00 USD in 2023, according to our econometric models.

What countries use GDP?

GDP is an important factor in reflecting the health of economy of a country. The best way to understand the economic growth and the position of a country is by knowing its GDP. The top countries by GDP are United States, China, Japan, Germany closely followed by United Kingdom, France & India.

What country has the highest GDP growth?

GDP Growth By Country. The top countries with the highest gross domestic product growth are Libya, Ethiopia, India, Bangladesh, and Vietnam. GDP is a calculation of the increase in the inflation-adjusted market value of the goods and services produced.

What is the current GDP rate?

The current U.S. GDP growth rate is 2.1% . That means the United States economy grew at a rate of 2.1% in the third quarter of 2019. Dec 20 2019

What is the economy of 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 (GDP).

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