The country has a resilient economy that is heavily dependent on exports and has well-developed infrastructure which provides good support for the industry and service sectors, which produces about 90% of GDP.
Thailand also has one of the lowest unemployment rates in the world, reported as 1% for the first quarter of 2014. Further, the country has laid out a long-term economic goal – 20-year National Strategy – which covers 3 core elements: advancing technology and innovation to enhance the country’s hub capability, improving infrastructure, and promoting policies to provide better support for Small to Medium Size enterprises, in areas such as agriculture and healthcare.
Its currency, the Thai Baht, is ranked as the 10th most frequently used currency in the world.
