Thailand is a newly industrialized Country. Its economy is heavily export-dependent. Manily it exports machinery, electronics, foods and wood, chemicals and plastics, automobiles and automotive parts, stone and glass, textiles and furniture. The Country's natural resources are tin, rubber, natural gas, tungsten, tantalum, timber, lead, fish, gypsum, lignite, fluorite, and arable land. And it imports capital and intermediate goods, raw materials, consumer goods, fuels

Descreptive Data

Unemployment, %1.02
Ages 15-24 Population Ratio, %39.578
Population Over 65, %16.4
Net Migration Rate97222
EIU Country Risk Score33
Fitch Sovereign RatingBBB+
S&P Sovereign RatingBBB+
Moody's Sovereign RatingBaa1
Big Mac Index3.72

Economic Data

Ability to Pay
Real GDP YOY%3.3%3.9%4.1%
GDP Value (BLN USD)405440505
GDP per Capita (USD)590265917448
Currency Reserves ex Gold (BLN USD)166196199
Reserves 1Y Chg (%)9.8%18%1.6%
Total External Debt (%GDP)41%42%
Total External Debt (BLN USD)167185
Budget Surplus/def (%GDP)
Inflation (Risk)
CPI (yoy %)0.2%0.7%1.1%
Trade Balance
Current Account (% of GDP)12%5.6%
Exports (BLN USD)237256271
Imports (BLN USD)195224249
Unemployment Rate
Unemployment (%)1%1.1%0.9%

Financial Data

Equity & Banking Sector (Risk)
1Y Price Change (%) (SET Index)20%14%-11%
EIU Banking Risk3534
Credit Market (Risk)
10Y Bond Spread (10Y UST)
5Y CDS804544
Foreign Exchange (Risk)
3 Month Deposit (%)1.5%1.5%1%
FX Vol - 3M Implied Vol5.84.55.7
Historical 3M Volatility5.13.15.4
Real Effective Exchange Rate101105107
Real Rates (%)1.4%0.9%-0.06%

Political Risk

Political Risk Exposure
EIU Political Risk5250
Risk From Doing Business
Ease of Doing Business Rank464626
Starting a Business Rank937836
Risk From Government
WGI Control Of Corruption-0.4-0.4-0.4
WGI Govt Effectiveness0.30.40.4
WGI Regulatory Quality0.20.10.1
WGI Rule Of Law0.010.040.02
Deviation of Thailand's risk relative to Geo Peers
-100 = min risk100 = max risk,
Less RiskPeer AverageMore Risk