Summary
This PESTLE country analysis report on Thailand provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.
Synopsis
- Understand the political system in Thailand through analysis of key figures in the country and governance indicators.
- Understand the economic situation in Thailand through a balanced assessment of core macroeconomic issues.
- Understand customer demographics in Thailand through analysis of income distribution and the rural-urban split, as well as healthcare and education.
- Understand the technological landscape in Thailand through analysis of relevant laws and policies, as well as patents data.
Scope
- The political landscape section discusses the evolution of the political scenario in Thailand, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.
- The economic landscape section outlines the evolution of Thailand's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment.
- The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.
Reasons to buy
- What is the outlook in Thailand in terms of political stability, policies towards business, and the popularity of the government?
- How does Thailand perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?
- How does Thailand perform in terms of healthcare, income distribution, and education?
- How does Thailand perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?
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Table of Contents
Overview 2
Catalyst 2
Summary 2
Key findings 2
PESTLE highlights 5
Key fundamentals 6
Key Facts and Geographic Location 13
Key facts 13
Geographical location 14
PESTLE Analysis 15
Summary 15
Political analysis 16
Overview 16
Current strengths 16
Current challenges 16
Future prospects 17
Future risks 17
Economic analysis 19
Overview 19
Current strengths 19
Current challenges 20
Future prospects 21
Future risks 22
Social analysis 23
Overview 23
Current strengths 23
Current challenges 23
Future prospects 24
Future risks 24
Technological analysis 25
Overview 25
Current strengths 25
Current challenges 25
Future prospects 26
Future risks 26
Legal analysis 27
Overview 27
Current strengths 27
Current challenges 27
Future prospects 28
Future risks 28
Environmental analysis 29
Overview 29
Current strengths 29
Current challenges 29
Future prospects 30
Political Landscape 33
Summary 33
Evolution 33
Structure and policies 35
Key political figures 35
Structure of government 36
Composition of government 37
Key policies 37
Performance 38
Governance indicators 38
Outlook 38
Economic Landscape 40
Summary 40
Evolution 40
1923–99 40
1999 onwards 40
Structure and policies 41
Financial authorities and regulators 41
Key policies 42
Performance 42
GDP and growth rate 42
Fiscal situation 47
International investment position 48
Credit rating 48
Monetary situation 48
Employment 49
Outlook 50
Social Landscape 51
Summary 51
Evolution 51
Structure and policies 51
Demographic composition 51
Education 53
Healthcare 53
Social welfare 54
Performance 54
Healthcare 54
Income distribution 55
Education 55
Outlook 56
Technological Landscape 57
Summary 57
Evolution 57
Structure and policies 57
Intellectual property 57
Research and development 58
Performance 58
Telecommunications, broadband, and the Internet 58
Research and development 60
Outlook 60
Legal Landscape 61
Summary 61
Evolution 61
Structure and policies 61
Judicial system 61
Tax regulations 61
Performance 62
Effectiveness of the legal system 62
Outlook 62
Environmental Landscape 63
Summary 63
Evolution 63
Structure and policies 63
Environmental regulations 63
Performance 64
Environmental impact 64
Outlook 65
Appendix 66
Ask the analyst 66
About MarketLine 66
Disclaimer 66
List of Tables
Table 1: Thailand – key fundamentals 6
Table 2: Thailand – key facts 13
Table 3: Analysis of Thailand’s political landscape 16
Table 4: Analysis of Thailand’s economy 19
Table 5: Analysis of Thailand’s social system 23
Table 6: Analysis of Thailand’s technology landscape 25
Table 7: Analysis of Thailand’s legal landscape 27
Table 8: Analysis of Thailand’s environmental landscape 29
Table 9: Mid-year population by age (as percentage), 2016 52
Table 10: Patents granted by the USPTO, 2010–15 58
List of Figures
Figure 1: Map of the Thailand 14
Figure 2: Growth in Thailand’s tourism 20
Figure 3: External debt of Thailand 21
Figure 4: PM 2.5 air pollution (means annual exposure) in Thailand 30
Figure 5: Threatened species in Thailand - 2016 32
Figure 6: Thailand – key political events timeline 35
Figure 7: Thailand – key political figures 36
Figure 8: Thailand – historical GDP growth, 2005–2016 41
Figure 9: GDP and GDP growth rate in Thailand, 2010–20 43
Figure 10: GDP composition by sectors, 2016 44
Figure 11: Agricultural output of Thailand, 2010–16f 45
Figure 12: Industrial output of Thailand, 2010–16f 46
Figure 13: Services output of Thailand, 2010–16f 47
Figure 14: External trade of Thailand, 2011–16 48
Figure 15: Consumer price index and consumer price index-based inflation in Thailand, 2010–20f 49
Figure 16: Unemployment in Thailand, 2010–20 50
Figure 17: Thailand – composition by religion 53
Figure 18: Total expenditure on healthcare in Thailand, 2008–15 54
Figure 19: Government expenditure on education in Thailand, 2010–15 56
Figure 20: Internet users in Thailand, 2010–15 59
Figure 21: Carbon dioxide emissions in Thailand, 2006–13 65
