ASEAN Fast Facts
ASEAN population is 9% of the world’s population
604 million people
ASEAN+3 population is 31% of the world’s population
2.13 billion people
ASEAN+6 population is 49% of the world’s population
3.36 billion people
ASEAN GDP is 3.1% of the world’s GDP
US$ 2.18 trillion
ASEAN+3 GDP is 24% of the world’s
US$ 16.46 trillion
ASEAN+6 GDP is 28% of the world’s
US$ 19.79 trillion
ASEAN+3 trade is 24% of world’s trade
US$ 8.79 trillion
ASEAN+6 trade is 28% of world’s trade
US$ 10.14 trillion
Source: http://investasean.asean.org/
Total area
513,115 km2
Time zone
+7 GMT
Language
Thai
Religion
Theravada Buddhist
Population
67 million
Labor Force
39.64 million
Neighbours: Cambodia, Laos, Malaysia, Myanmar
Capital City:
Bangkok (Krung Thep)
Primary Port:
Bangkok
Primary Airport: Suvarnabhumi
Currency
Baht (THB)
Source: CIA World Factbook
Country name:
conventional long form: Kingdom of Thailand
conventional short form: Thailand
Government type
Legal system
constitutional monarchy
civil law system with common law influences
Head of state
Head of government
King Bhumibol Adulyadej
Yingluck Shinawatra
Key Macro Economic Indicators and Forecast
Indicators
Real GDP (% change)
Nominal GDP (US$ bil.)
Real Consumer Spending (% change)
Real Imports of Goods and Services (%
change)
Real Exports of Goods and Services (%
change)
Industrial Production Index (% change)
Consumer Price Index (% change)
Policy Interest Rate (%)
Population (mil.)
Unemployment Rate (%)
Exchange Rate (LCU/US$, end of
period)
Source: IHS Global Insight 2014
2012
6.5
366.0
6.7
2013
2.9
388.5
0.5
2014
3.2
388.6
2.8
2015
4.4
429.1
3.9
2016
4.8
469.5
3.6
2017
4.5
524.7
3.7
2018
4.3
562.2
5.1
6.2
2.4
3.3
5.1
5.5
5.6
5.5
3.1
4.0
3.6
5.2
5.1
5.0
4.9
2.1
3.0
2.75
66.79
0.7
-3.0
2.2
2.25
67.01
0.8
2.9
1.8
2.75
67.22
0.7
5.4
2.3
3.50
67.40
0.7
5.3
3.1
3.75
67.54
0.7
4.7
3.4
4.61
67.65
0.7
4.3
3.5
4.30
67.74
0.7
30.63
32.82
32.09
31.49
31.37
30.48
30.71
GDP Composition, by Sector
Agricultural Products
rice, cassava (manioc), rubber, corn,
sugarcane, coconuts, soybeans
12.10%
Industries
44.20%
tourism, textiles and garments, agricultural
processing, beverages, tobacco, cement,
43.60%
agriculture
industry
light manufacturing such as jewelry and
electric appliances, computers and parts,
integrated circuits, furniture, plastics,
automobiles and automotive parts
services
Top-10 Sectors Ranked by Value Added
2013 Level Percent
(Bil. US$)
2014 Percent Change
(Real terms)
Share of GDP
(Nominal terms)
1. Agriculture
40.5
2.5
10.1
2. Wholesale trade
33.1
4.6
8.3
3. Retail trade - total
27.0
2.6
6.7
4. Public Admin. & Defense
25.5
5.1
6.4
5. Banking & related financial
18.5
6.6
4.6
6. Education
16.2
3.0
4.0
7. Food products
15.6
5.9
3.9
8. Hotels & restaurants
13.9
5.4
3.5
9. Motor vehicles
12.3
-0.6
3.1
10. Real estate
11.4
5.6
2.9
Thailand Key Industries
 Agriculture-Thailand and ASEAN is one of the most productive agricultural baskets in the
world. In 2012, the region produced 129 million tons of rice, 40 million tons of corn, 171
million tons of sugarcane, 1.44 million tons of soybean, and 70.34 million tons of cassava
 Air Travel-The move towards an ASEAN Single Aviation Market boosted infrastructure
investment and aviation development plans in the region. Thailand is a hub of air
transportation of ASEAN and ASIA
 Automotive-The auto industry in Thailand and ASEAN have exhibited strong growth over
the last few years. Combined motor vehicle sales in 6 major ASEAN countries (Indonesia,
Malaysia, Thailand, Philippines, Viet Nam, and Singapore) reached an all time high of 3.5
million units in 2012, almost double of sales figures in 2007 which is 1.9 million units.
Production of motor vehicles rose 41.5% year-on-year between 2011 and 2012.
 Electronics-The electronics sector accounts for 20% to 50% of the total value of exports
of most countries in Asia. High quantities of the world’s consumer electronics like
televisions, radios, computers, and cellular phones come from the ASEAN region. More
than 80% of the world’s hard drives are made in Thailand and ASEAN.
Source: http://investasean.asean.org/
Thailand Key Industries
 Fisheries-ASEAN has been a major producer of fish and other fisheries products.
Combined, the 10 ASEAN countries accounted for a quarter of global fish production. Of
the world’s top ten largest fish producers, four are from ASEAN - Indonesia, Thailand, Viet
Nam, and the Philippines.
 Tourism-ASEAN and Thailand is the fastest growing destination-region in the world,
followed by South Asia.
 Textile and Apparels-Textile is one of the largest export products from ASEAN, amounting
to almost US$ 10 billion in 2011.
 Healthcare-Thailand’s evolving demographics and lifestyle is driving changes in the
healthcare sector.
 Logistics -investors are presented with wide ranges of possibilities as ASEAN and Thailand
pursue improved connectivity through various modes and access to ports, sophisticated
logistics services, and skilled professionals in all aspects of supply chains.
Source: http://investasean.asean.org/
Exports
$229.1 billion (2013 est.)
Imports
$223 billion (2013 est.)
Export –Commodities
electronics, computer parts,
automobiles and parts, electrical
appliances, machinery and
equipment, textiles and
footwear, fishery products, rice,
rubber
Import –Commodities
capital goods, intermediate
goods and raw materials,
consumer goods, fuels
Exports-Partners
China 11.7%, Japan 10.2%, US
9.9%, Hong Kong 5.7%, Malaysia
5.4%, Indonesia 4.9%, Singapore
4.7%, Australia 4.3%
UAE 6.3%, Malaysia 5.3%, US 5.3%
Source: CIA World Factbook
Imports-Partners
Japan 20%, China 14.9%,
Country
Trade Agreement Effective Date
Thailand-Australia
January 1, 2005
Thailand-New Zealand
July 1, 2005
Thailand – Japan
November 1, 2007
Thailand-India
September 1, 2004
ASEAN-China
October 1, 2003
ASEAN-Korea
January 1, 2010
ASEAN-Australia-New Zealand
March 12, 2010
ASEAN-India
January 1, 2010
ASEAN-Japan
June 1, 2009
AFTA
January 1, 2002 – 5 percent
January 1, 2010 – 0 percent
Thailand-Peru
December 31, 2011
Thailand-Chile
October 4, 2013
Trade Integration
Trans-Pacific Network of FTAs that are already in Force or Negotiation
Source: ASEAN Foundation
Topics
DB 2013-2014 Rank
Thailand
38th
18
Argentina
104th
126
Dealing with Construction Permits
14
181
Getting Electricity
Registering Property
Getting Credit
Protecting Investors
Paying Taxed
Trading Across Borders
Enforcing Contracts
Resolving Insolvency
12
29
73
12
70
24
22
58
80
138
73
98
153
129
57
97
Competitiveness
Ease of Doing Business
Source: World Bank 2014; World Economic Forum 2014
2009
2010
2011
2012
2013
Imports
441,745
525,260
608,999
646,007
1,075,159
Exports
383,488
594,461
716,287
948,282
1,035,998
Trade Balance
-58,257
69,201
107,288
302,275
-39,161
Unit $US Source: Trade Map
Export-Main Products
•Electrical, electronic equipment
•Vehicles
•Machinery, nuclear reactors,
boilers
•Iron or Steel
•Rubber
Import-Main Products
•Animal Feed
•Oil seed, oleagic fruits, grain,
seed, fruit
•Raw hides and skins
•Vehicles
•Fish, crustaceans, molluscs,
aquatic invertebrates
Muchas Gracias!
Welcome to Thailand!