Flag description:
five horizontal bands of red (top), white, blue (double width),
white, and red
Economy Thailand
Economy - overview:
Thailand has a free-enterprise economy and welcomes foreign
investment. Exports feature textiles and footwear, fishery products,
rice, rubber, jewelry, automobiles, computers and electrical
appliances. Thailand has recovered from the 1997-98 Asian Financial
Crisis and was one of East Asia's best performers in 2002. Increased
consumption and investment spending and strong export growth pushed
GDP growth up to 6.3% in 2003 despite a sluggish global economy. The
highly popular government has pushed an expansionist policy,
including major support of village economic development.
GDP:
purchasing power parity - $477.5 billion (2003 est.)
GDP - real growth rate:
6.7% (2003 est.)
GDP - per capita:
purchasing power parity - $7,400 (2003 est.)
GDP - composition by sector: agriculture: 9.8% industry: 44% services: 46.3% (2003)
Investment (gross fixed):
25.5% of GDP (2003)
Population below poverty line:
10.4% (2002 est.)
Household income or consumption by percentage share: lowest 10%: 2.8% highest 10%: 32.4% (1998)