Country profile
Thailand
South-East Asia's car-making centre and a major exporter of electronics, hard drives, rubber and food.
Updated 11 November 2026. Sources at the bottom of the page.
- Capital
- Bangkok
- Population
- 71.6 million (2026)
- Currency
- Thai baht (THB)
- GDP, 2026
- US$599 billion
- Exports, 2025
- US$338 billion
- Exchange rate
- 1 USD = 33.6 THB (10 Nov 2026)
Economy
IMF World Economic Outlook, October 2026. 2026 and 2027 are IMF projections.
2.1%Real GDP growth, 2026
2.1%Real GDP growth, 2027
2.1%Inflation, 2026
1%Unemployment, 2026
67.2% of GDPGovernment debt, 2026
-1.2% of GDPCurrent account, 2026
Compare Thailand with other countries →
Trade
Top export markets
Share of the country’s exports, 2025
- United States (21.4%)
- China (11.6%)
- Japan (7%)
- India (4.7%)
- Malaysia (4%)
Main exports
Product groups, share of exports
- Electrical machinery and equipment (18.7%)
- Machinery, including computers and hard drives (18.1%)
- Vehicles and parts (10.1%)
- Gems and precious metals (7.9%)
- Rubber and rubber articles (6.1%)
Main trade agreements
- ASEAN Free Trade Area
- Regional Comprehensive Economic Partnership (RCEP)
- ASEAN agreements with China, Japan, Korea, India, Australia and New Zealand
- Japan–Thailand Economic Partnership Agreement
- EFTA–Thailand Free Trade Agreement (signed 2025)
Trade policy to watch
- Electric vehicles: incentives have brought Chinese EV makers to build plants in Thailand.
- Investment incentives: the Board of Investment offers tax breaks for electronics, EVs and other target industries.
- US market: the US takes over a fifth of Thai exports, so US trade policy matters for Thai exporters.
Energy
Natural gas produces most of Thailand's electricity, much of it imported as LNG or from Myanmar, with coal and growing solar. Thailand imports most of its oil.
What it means for your supply chain
- Thailand is a deep source of auto parts, often from Japanese-owned suppliers.
- It is also a key source of hard-disk drives, electronics, natural rubber and processed food.
- Check rules of origin for products using Chinese components.
Thailand in the Supplier Hub
5 companies in the Supplier Hub are listed under Thailand.
Sources
- IMF, World Economic Outlook, October 2026: GDP, growth, inflation, unemployment, government debt, current account (2026 and 2027 are projections; updated automatically).
- IMF, World Economic Outlook database: population (2026 estimate).
- World’s Top Exports: export markets and main exports.
- Bank of Canada, daily exchange rates (cross rates calculated from CAD rates; updated daily).
- Energy Institute, Statistical Review of World Energy 2026: energy profile.
Figures are the latest published at the time of the update and may since have been revised. This page is for general information, not investment or legal advice.