QUOTE(tangawizi @ May 21 2008, 01:03 AM) [snapback]3709691[/snapback]
i think thailand is pretty successful for a huge country with a large rural population...look at its currency, its strong...!
don't compare it with Singapore. SG is only a rock compared with Thailand.
Thailand should not be complacent. Otherwise, Vietnam will catch up and surpass Thailand in the near future.
http://www.dfat.gov.au/geo/fs/thai.pdfRecent economic indicators: 2003 2004 2005 2006 2007(a) 2008(b)GDP (US$bn) (current prices): 142.6 161.3 176.4 206.7 245.7 272.5
GDP PPP (US$bn) ©: 378.9 413.3 445.4 482.9 519.4 557.8
GDP per capita (US$): 2,229 2,479 2,710 3,166 3,737 4,104
GDP per capita PPP (US$) ©: 5,920 6,350 6,840 7,397 7,900 8,401
Real GDP growth (% change YOY): 7.1 6.3 4.5 5.1 4.8 5.3Current account balance (US$m): 4,784 2,767 -7,642 2,174 14,923 9,199
Current account balance (% GDP): 3.4 1.7 -4.3 1.1 6.1 3.4
Goods & services exports (% GDP): 65.8 70.7 73.3 73.6 73.2 70.6
Inflation (% change YOY): 1.8 2.8 4.5 4.6 2.2 3.5http://www.dfat.gov.au/geo/fs/viet.pdfRecent economic indicators: 2003 2004 2005 2006 2007(a) 2008(b)GDP (US$bn) (current prices): 39.6 45.5 53.1 61.0 70.0 81.3
GDP PPP (US$bn) ©: 144.1 159.9 178.1 198.7 221.4 242.3
GDP per capita (US$): 490 555 638 723 818 937
GDP per capita PPP (US$) ©: 1,781 1,949 2,140 2,355 2,587 2,792
Real GDP growth (% change YOY): 7.3 7.8 8.4 8.2 8.5 7.3Current account balance (US$m): -1,935 -1,594 -584 -244 -6,722 -11,061
Current account balance (% GDP): -4.9 -3.5 -1.1 -0.4 -9.6 -13.6
Goods & services exports (% GDP): 59.1 66.6 69.0 73.5 78.2 80.6
Inflation (% change YOY): 3.2 7.7 8.3 7.5 8.3 16.0