Thailand PESTLE Insights - A Macroeconomic Outlook Report


Summary

Mining, manufacturing and utilities contributed 30.9% to the gross value added (GVA) in 2019, followed by wholesale, retail and hotels (22.4%) and financial intermediation, real estate and business activities (11.8%). In nominal terms, the three sectors are expected to contract by 4.4%, 5.4% and 4.8% respectively in 2020

Bangkok accounted for 32.9% of Thailand’s gross domestic product and 8.5% of its population in 2018


Scope

  • As per the Logistics Performance Index 2018, Thailand’s rank improved significantly, as it moved up to 32nd position out of 160 nations, from 45th position in 2016.
  • The overall SET index exhibited a downward trend over the last year. As of August 7, 2020, the SET index stood at 1,324.4, compared to 1,669.4 on August 7, 2019




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.