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Home >> World Economy >> Economic Structure Of Thailand

Economic Structure Of Thailand

Economic Indicators Economic Structure Of Thailand Export & Import Insurance Mortgage Stock
 

STRUCTURE OF THE ECONOMY

Among the various sectors of the economy the percentage share of the services sector



in the total GDP is the highest. It was 46.0 as in the year 2004.

The agriculture sector has lost its relative importance in the recent years. The percentage share of the agriculture sector in the total GDP is following a declining trend in the recent years. From the given statistics, the percentage share of the agriculture in total GDP has declined to 9.9 in the year 2004 from 17.6 in 1984.

The average annual growth rate of agriculture of the country in 2004 was -3.9.


The major agricultural products of the country are rice, cassava (tapioca), rubber, corn, coconuts, sugarcane, and soybeans.

The major industries of the country tourism, textiles and garments, agricultural processing, beverages, tobacco, light manufacturing such as jewelry, electric appliances and components, computers and parts, cement, furniture, plastics.

The percentage share of the industrial sector is rising in the country. It has increased to 44.1 in 2004 from 32.0 in the year 1984.

The following diagram shows the percentage share of the various sectors of the economy in total GDP over the years

Structure of Economy