What is Thailand’s main economy?
Its three main economic sectors are agriculture, manufacturing, and services. Thailand is noted for its economic volatility, partly a consequence of political instability dating to the 1930s.
Is Thailand richer than Philippines?
Thailand has a GDP per capita of $17,900 as of 2017, while in Philippines, the GDP per capita is $8,400 as of 2017.
Is Thailand richer than Vietnam?
Thailand vs Vietnam: Economic Indicators Comparison
Thailand with a GDP of $505B ranked the 26th largest economy in the world, while Vietnam ranked 47th with $245.2B. By GDP 5-years average growth and GDP per capita, Thailand and Vietnam ranked 86th vs 17th and 89th vs 138th, respectively.
What is the rank of Thailand in the world?
Of the 56 nations surveyed in 2018, Thailand was ranked 27th, up from 41 in 2017.
Is it cheaper to live in Thailand or Philippines?
From the latest statics, personal experience, and visitors’ feedback, Thailand is on average 5-14% cheaper than the Philippines.
What is the minimum wage in Thailand?
The daily minimum wage in Thailand is between 313 baht (US$10.03) – 336 baht (US$10.77) for 2021.