PESTLE Insights: Macroeconomic Outlook Report - Thailand
January 2020
41
About the Report
About the Report
PESTLE Insights: Macroeconomic Outlook Report-Thailand
Summary
Mining, manufacturing and utilities contributed 32.5% to the gross value added (GVA) in 2018, followed by wholesale, retail and hotels (22.2%) and financial intermediation, real estate and business activities (13.6%). In nominal terms, the three sectors are expected to grow by 5.2%, 5.7% and 5.1% respectively in 2019 in nominal terms.
The overall SET index exhibits a downward trend over the last year. As of November 27, 2019, the SET index stood at 1,607.3, compared to 1,634.3 on November 27, 2018
Bangkok accounted for 32.5% of Thailand's gross domestic product and 12.9% of its population in 2016.
Majority of inward FDI stock in Thailand was towards the manufacturing sector in Q2 2019
Scope
- As per the Logistics Performance Index 2018, Thailand's rank improved significantly as it moved up to the 32nd position out of the total 160 nations, from 45th position in 2016.
Reasons to buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country's snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies' presence in these areas.
Products
Products
Thailand, investments, elections, FDI, PESTLE, sectors, GlobalData Country Risk Index, economic growth, technology, corruption, environmental treaties
Companies
PTT
Cpall
WellcoM
Table of Contents
Table of Contents
Table of Contents
List of Exhibits 3
Did you Know? 4
Country Highlights 5
Country Snapshot 7
PESTLE Insights 21
Political Landscape 22
Economic Landscape 23
Social Landscape 30
Technological Landscape 33
Legal Landscape 36
Environmental Landscape 37
Outlook 38
List of Figure
List of Figures
Exhibit 1: Thailand's Performance in Country Risk Analysis in Comparison to Asia Pacific and the World Average 11
Exhibit 2: Performance Overview (Score: 1-100) 11
Exhibit 3: Broad Categories and Weights behind the Index 12
Exhibit 4: Stock Exchange of Thailand-SET Index 14
Exhibit 5: Key Sectors Contribution to the Economy (2014-2021f) 15
Exhibit 6: Inward FDI Position (2014Q1-2019Q2) and FDI Position by Industry (Q32018-Q22019) 16
Exhibit 7: Foreign Investment By Region (Q32018-Q22019) and Share Of Foreign Investment By Investing Countries (Q22019) 18
Exhibit 8: Key Infrastructure Indicators 20
Exhibit 9: Real GDP and Household Consumption Growth Rate (2014-2021f) 24
Exhibit 10: Real GDP Growth Rate Comparison (2018) 24
Exhibit 11: Export, Import and Trade Balance (2014-2021f) 25
Exhibit 12: Current Account Balance (2014-2021f) 25
Exhibit 13: Top Three Commodity Exports, % of Total Exports, 2015-2018 26
Exhibit 14: Nuclear reactors, boilers and machinery, % share in world exports, 2018 26
Exhibit 15: Interest Rates (October 2012-November 2019) 28
Exhibit 16: Exchange Rate and Inflation (2014-2021f) 28
Exhibit 17: Public Finance (2014-2021f) 29
Exhibit 18: General Government Debt (2014-2021f) 29
Exhibit 19: Employment/Unemployment (2014-2021f) 31
Exhibit 20: Average Annual Wages (2014-2021f) 31
Exhibit 21: Labour Cost Index (2014-2021f) 31
Exhibit 22: Rural/Urban Share in Total Population (1995,2005,2015, 2025) 32
Exhibit 23: Age-group Share of Total Population (2005,2015, 2025) 32
Exhibit 24: Gender Split (1995,2005,2015, 2025) 32
Exhibit 25: Internet Users % of Total Population, Mobile Penetration Rate and Broadband Penetration Rate, 2018 34
Exhibit 26: Number of Patents Granted Per Million Population, 2018 35
Exhibit 27: High-technology Exports (% of Manufactured Exports) (2018) 35
Exhibit 28: Doing Business in Thailand 2020 36
Exhibit 29: Corruption Perception Index (Rankings) 2018 36
Exhibit 30: CO2 Emissions (2012-2017) 37
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