ASEAN country profile

🇹🇭 Thailand profile

Thailand is where politics, manufacturing, tourism, and diplomacy often overlap. With a population of about 71.67 million and nominal GDP of roughly US$526.5 billion, the key is reading mature manufacturing together with the speed of tourism recovery.

Capital
Bangkok
Currency
THB
Population
71.7M
GDP
US$526.5B
Regional locator
タイ / Thailand
Position note

Located at the center of mainland Southeast Asia, Thailand is a key node for both land and sea logistics.

Capital
Bangkok

Administrative center of Thailand.

Currency
Baht (THB)

Local price levels and FX trends often matter for trade and investment coverage.

Population
71.7M

Latest available World Bank estimate.

Land area
510,890 km²

Stable geographic baseline for regional comparison.

GDP
US$526.5B

Nominal GDP, latest available World Bank value.

Industries
Key sectors

Automotive / Electronics / Tourism / Agro-processing / Petrochemicals

Climate intelligence

Weather, climate and geography

Climate

A tropical monsoon climate with northern highlands and southern coasts, shaping both tourism and agriculture.

Geography

Located at the center of mainland Southeast Asia, Thailand is a key node for both land and sea logistics.

Mar-Apr heat
May humidity
Sep rain peak
Bangkok monthly climate

Temperature, humidity and rain probability

TempHumidityRain
Data-driven brain

Economic indicators and trade signals

News Brain reads country news through population, GDP, growth and trade. The charts are intentionally quiet so users can see the signal before the commentary.

Annual series

Population trend

71.7M
2024
20142024+2.1%
Nominal current US$

GDP trend

US$526.5B
2024
20142024+29.3%
Trade as % of GDP

Trade openness

136.7%
2024
20142024+4.5%
Annual growth

Real GDP growth

2.5%
2024
20142024+158.2%
Trade flow

Exports and imports

current US$
Deeper reading

Country intelligence brief

A mature market where politics, tourism, and manufacturing shifts still move investment decisions

Thailand has one of ASEAN's deeper institutional, logistics, and manufacturing bases. Automotive, electronics, food processing, petrochemicals, and tourism overlap, so policy news often spreads into corporate activity, employment, consumer sentiment, and FX.

Population rose gradually from 70.22 million in 2014 to 71.67 million in 2024, but the recent trend is nearly flat. The growth question is shifting from demographics toward productivity, industrial upgrading, tourism recovery, and supply-chain reallocation.

Nominal GDP expanded from US$407.3 billion in 2014 to US$526.5 billion in 2024. The 2020 shock remains visible, and the key macro question is how decisively Thailand moves beyond the 2019 peak.

Population density
about 140.3 people/km²

Approximation using 2024 population divided by land area of 510,890 km². Urban-rural density varies widely.

GDP per capita
US$7,346.6

World Bank 2024 value. As an upper-middle-income economy, consumption, tourism, and manufacturing all matter.

Real GDP growth
2.54%

World Bank 2024 value. Recovery continues, but the phase is closer to stable growth than rapid expansion.

Unemployment
0.78%

World Bank 2024 value. Low unemployment is structural, but informal work and income quality also matter.

FDI net inflows
2.72% of GDP

World Bank 2024 value. EVs, electronics, data centers, and regional production networks are key themes.

Tourist arrivals
39.916 million

Latest complete pre-pandemic World Bank series value from 2019. Tourism recovery is best read against this benchmark.

Corporate intelligence map

Major Thailand companies by global sector

Revenue or operating income is shown for scale. Banks use operating income because industrial revenue is not comparable.

Sources: stock exchange filings, company annual reports, World Bank macro series, and public corporate disclosures where available.
GICS Energy / Utilities

Energy and utilities

Oil, gas, power and renewables. A base layer for reading inflation, trade balance and industrial costs.

TOP 10
1
PTT
PTT

Thailand's dominant energy group with strong state links.

Revenue 2024
3,091 THB bn
2023: 3,145 THB bn
-1.7%
Based on: PTT 56-1 One Report 2024
2
PTT Exploration and Production
PTTEP

A core upstream gas and exploration company.

Revenue 2024
304 THB bn
2023: 320 THB bn
-5.0%
Based on: StockAnalysis / S&P Global dataset
3
PTT Global Chemical
PTTGC

A representative petrochemical and materials cycle signal.

Revenue 2024
618 THB bn
2023: 621 THB bn
-0.5%
Based on: SET / company annual filings
4
Thai Oil
TOP

A signal for refinery margins and fuel demand.

Revenue 2024
440 THB bn
2023: 469 THB bn
-6.2%
Based on: SET / company annual filings
5
Bangchak
BCP

Important across fuels, retail energy, and renewables.

Revenue 2024
568 THB bn
2023: 385 THB bn
+47.5%
Based on: SET / company annual filings
6
Gulf Energy Development
GULF

A growth signal across power, data centers and telecom links.

Revenue 2024
133 THB bn
2023: 116 THB bn
+14.7%
Based on: SET / company annual filings
7
RATCH Group
RATCH

A utility stock with domestic and overseas power assets.

Revenue 2024
51 THB bn
2023: 50 THB bn
+2.0%
Based on: SET / company annual filings
8
Electricity Generating
EGCO

A company for reading power portfolio stability.

Revenue 2024
46 THB bn
2023: 47 THB bn
-2.1%
Based on: SET / company annual filings
9
Global Power Synergy
GPSC

PTT-linked power and storage exposure.

Revenue 2024
92 THB bn
2023: 90 THB bn
+2.2%
Based on: SET / company annual filings
10
B.Grimm Power
BGRIM

A signal for industrial power and renewables.

Revenue 2024
60 THB bn
2023: 57 THB bn
+5.3%
Based on: SET / company annual filings
GICS Consumer Staples / Discretionary

Consumer, retail and food

A sector for reading household demand, tourism spending and food prices.

TOP 10
1
CP All
CPALL

A consumer barometer through its convenience-store network.

Revenue 2024
988 THB bn
2023: 922 THB bn
+7.2%
Based on: CP ALL 56-1 One Report 2024
2
Charoen Pokphand Foods
CPF

A signal for protein, food exports and input costs.

Revenue 2024
585 THB bn
2023: 585 THB bn
+0.0%
Based on: CPF annual report / SET filings
3
Thai Beverage
THBEV

A large signal for beverages and dining demand.

Revenue 2024
340 THB bn
2023: 279 THB bn
+21.9%
Based on: ThaiBev annual report
4
Central Retail
CRC

A major signal for retail, malls and cross-border consumption.

Revenue 2024
267 THB bn
2023: 248 THB bn
+7.7%
Based on: SET / company annual filings
5
Home Product Center
HMPRO

A useful read on housing-linked consumption.

Revenue 2024
74 THB bn
2023: 72 THB bn
+2.8%
Based on: SET / company annual filings
6
Osotspa
OSP

A signal for beverages, health consumption and provincial demand.

Revenue 2024
28 THB bn
2023: 27 THB bn
+3.7%
Based on: SET / company annual filings
7
Carabao Group
CBG

A signal for energy drinks and ASEAN expansion.

Revenue 2024
20 THB bn
2023: 19 THB bn
+5.3%
Based on: SET / company annual filings
8
Minor International
MINT

A useful signal for hotels, restaurants, and tourism recovery.

Revenue 2024
165 THB bn
2023: 153 THB bn
+7.8%
Based on: SET / company annual filings
9
Central Pattana
CPN

A signal for malls and urban consumption.

Revenue 2024
52 THB bn
2023: 47 THB bn
+10.6%
Based on: SET / company annual filings
10
Siam Makro
MAKRO

A large wholesale, retail and food distribution company.

Revenue 2024
500 THB bn
2023: 480 THB bn
+4.2%
Based on: SET / company annual filings
GICS Financials

Financials and banking

Banks are compared by operating or total income rather than industrial sales.

TOP 10
1
Bangkok Bank
BBL

A benchmark for corporate finance and regional exposure.

Revenue 2024
186 THB bn
2023: 179 THB bn
+3.9%
Based on: SET / bank annual filings
2
Kasikornbank
KBANK

Strong in digital finance and SME banking.

Revenue 2024
199 THB bn
2023: 193 THB bn
+3.1%
Based on: SET / bank annual filings
3
SCB X
SCB

A signal for banking and fintech restructuring.

Revenue 2024
178 THB bn
2023: 169 THB bn
+5.3%
Based on: SET / bank annual filings
4
Krung Thai Bank
KTB

A signal for state-linked finance and public payments.

Revenue 2024
181 THB bn
2023: 171 THB bn
+5.8%
Based on: SET / bank annual filings
5
TMBThanachart Bank
TTB

A bank for retail finance and auto-loan signals.

Revenue 2024
86 THB bn
2023: 83 THB bn
+3.6%
Based on: SET / bank annual filings
6
Bank of Ayudhya
BAY

A MUFG-linked regional finance player.

Revenue 2024
157 THB bn
2023: 149 THB bn
+5.4%
Based on: SET / bank annual filings
7
Kiatnakin Phatra
KKP

A signal for investment banking and auto finance.

Revenue 2024
31 THB bn
2023: 32 THB bn
-3.1%
Based on: SET / bank annual filings
8
TISCO Financial Group
TISCO

A signal for high-yield financials and loan quality.

Revenue 2024
25 THB bn
2023: 25 THB bn
+0.0%
Based on: SET / bank annual filings
9
Muangthai Capital
MTC

A signal for provincial credit and household debt.

Revenue 2024
28 THB bn
2023: 25 THB bn
+12.0%
Based on: SET / company annual filings
10
Srisawad
SAWAD

A signal for secured lending and provincial finance.

Revenue 2024
21 THB bn
2023: 19 THB bn
+10.5%
Based on: SET / company annual filings
GICS Communication Services / Information Technology

IT, telecom and digital

Telecom, electronics, SI and digital transformation themes.

TOP 10
1
Advanced Info Service
ADVANC

A key telecom name for 5G and data demand.

Revenue 2024
213 THB bn
2023: 189 THB bn
+12.7%
Based on: SET / company annual filings
2
True Corporation
TRUE

Important for reading the post-consolidation telecom market.

Revenue 2024
207 THB bn
2023: 202 THB bn
+2.5%
Based on: SET / company annual filings
3
Delta Electronics Thailand
DELTA

A signal for power electronics, EVs and data centers.

Revenue 2024
164 THB bn
2023: 146 THB bn
+12.3%
Based on: SET / company annual filings
4
Intouch Holdings
INTUCH

A holding company for telecom and digital investment signals.

Revenue 2024
9 THB bn
2023: 8 THB bn
+12.5%
Based on: SET / company annual filings
5
Com7
COM7

A signal for smartphones, PCs and electronics consumption.

Revenue 2024
75 THB bn
2023: 69 THB bn
+8.7%
Based on: SET / company annual filings
6
Synnex Thailand
SYNEX

A signal for IT distribution and enterprise device demand.

Revenue 2024
39 THB bn
2023: 38 THB bn
+2.6%
Based on: SET / company annual filings
7
SIS Distribution
SIS

A signal for cloud, servers and IT hardware distribution.

Revenue 2024
32 THB bn
2023: 30 THB bn
+6.7%
Based on: SET / company annual filings
8
Jasmine International
JAS

A signal for fixed broadband and content restructuring.

Revenue 2024
20 THB bn
2023: 19 THB bn
+5.3%
Based on: SET / company annual filings
9
BBIK
BBIK

A growth signal for DX consulting and AI adoption.

Revenue 2024
1.8 THB bn
2023: 1.4 THB bn
+28.6%
Based on: SET / company annual filings
10
BE8
BE8

A growth stock in digital services and systems development.

Revenue 2024
2.5 THB bn
2023: 2 THB bn
+25.0%
Based on: SET / company annual filings
GICS Industrials / Materials

Manufacturing, materials and exports

Manufacturing, materials and export cycles. This sector shows Thailand's external-demand sensitivity.

TOP 10
1
Siam Cement Group
SCC

A cross-sector industrial signal across cement, chemicals and packaging.

Revenue 2024
511 THB bn
2023: 499 THB bn
+2.4%
Based on: SET / company annual filings
2
Indorama Ventures
IVL

A signal for PET, fibers and global demand.

Revenue 2024
565 THB bn
2023: 542 THB bn
+4.2%
Based on: SET / company annual filings
3
Hana Microelectronics
HANA

A signal for semiconductor assembly and electronics exports.

Revenue 2024
27 THB bn
2023: 26 THB bn
+3.8%
Based on: SET / company annual filings
4
KCE Electronics
KCE

A signal for auto electronics boards and export demand.

Revenue 2024
18 THB bn
2023: 16 THB bn
+12.5%
Based on: SET / company annual filings
5
Thai Union Group
TU

A signal for seafood processing, food exports and Western demand.

Revenue 2024
138 THB bn
2023: 136 THB bn
+1.5%
Based on: SET / company annual filings
6
Sri Trang Agro-Industry
STA

A signal for natural rubber and agricultural exports.

Revenue 2024
90 THB bn
2023: 85 THB bn
+5.9%
Based on: SET / company annual filings
7
Sri Trang Gloves
STGT

An export signal for medical gloves and hygiene demand.

Revenue 2024
20 THB bn
2023: 19 THB bn
+5.3%
Based on: SET / company annual filings
8
TOA Paint
TOA

A signal for construction, renovation and housing investment.

Revenue 2024
23 THB bn
2023: 22 THB bn
+4.5%
Based on: SET / company annual filings
9
Siam City Cement
SCCC

A signal for construction demand and infrastructure spending.

Revenue 2024
43 THB bn
2023: 42 THB bn
+2.4%
Based on: SET / company annual filings
10
TPI Polene
TPIPL

A mixed materials company across cement, petrochemicals and power.

Revenue 2024
45 THB bn
2023: 44 THB bn
+2.3%
Based on: SET / company annual filings
GICS Health Care

Medical and healthcare

A sector for medical tourism, private hospitals and pharmaceutical distribution.

TOP 10
1
Bangkok Dusit Medical Services
BDMS

The largest private-hospital and medical-tourism signal.

Revenue 2024
107 THB bn
2023: 100 THB bn
+7.0%
Based on: SET / company annual filings
2
Bumrungrad Hospital
BH

A signal for premium healthcare and foreign patients.

Revenue 2024
27 THB bn
2023: 25 THB bn
+8.0%
Based on: SET / company annual filings
3
Bangkok Chain Hospital
BCH

A mid-market hospital and social-security healthcare signal.

Revenue 2024
12.6 THB bn
2023: 11.8 THB bn
+6.8%
Based on: SET / company annual filings
4
Chularat Hospital
CHG

A signal for healthcare demand around the Eastern Economic Corridor.

Revenue 2024
8.5 THB bn
2023: 8 THB bn
+6.3%
Based on: SET / company annual filings
5
Praram 9 Hospital
PR9

An urban hospital and specialist-care growth signal.

Revenue 2024
4.6 THB bn
2023: 4.1 THB bn
+12.2%
Based on: SET / company annual filings
6
Thonburi Healthcare Group
THG

A signal for hospitals, elderly care and local healthcare.

Revenue 2024
9 THB bn
2023: 8.5 THB bn
+5.9%
Based on: SET / company annual filings
7
Ramkhamhaeng Hospital
RAM

A signal for hospital investment and equity networks.

Revenue 2024
7.3 THB bn
2023: 7 THB bn
+4.3%
Based on: SET / company annual filings
8
Mega Lifesciences
MEGA

A signal for medicines, supplements and ASEAN distribution.

Revenue 2024
16 THB bn
2023: 15 THB bn
+6.7%
Based on: SET / company annual filings
9
Ekachai Medical Care
EKH

A local hospital and fertility-treatment signal.

Revenue 2024
1.4 THB bn
2023: 1.3 THB bn
+7.7%
Based on: SET / company annual filings
10
Ratchaphruek Hospital
RPH

A signal for private healthcare growth outside Bangkok.

Revenue 2024
1.3 THB bn
2023: 1.2 THB bn
+8.3%
Based on: SET / company annual filings
GICS Industrials / Transportation

Logistics, transport and trade

Airports, rail, shipping and industrial estates. This reads real demand in trade and tourism.

TOP 10
1
Airports of Thailand
AOT

The most direct signal for tourism recovery and air traffic.

Revenue 2024
67.1 THB bn
2023: 48.1 THB bn
+39.5%
Based on: SET / company annual filings
2
Bangkok Expressway and Metro
BEM

A signal for urban transport and commuting demand.

Revenue 2024
17 THB bn
2023: 16 THB bn
+6.3%
Based on: SET / company annual filings
3
BTS Group
BTS

A combined signal across rail, media and property.

Revenue 2024
25 THB bn
2023: 24 THB bn
+4.2%
Based on: SET / company annual filings
4
Bangkok Airways
BA

A signal for domestic and regional tourism routes.

Revenue 2024
26 THB bn
2023: 21 THB bn
+23.8%
Based on: SET / company annual filings
5
Regional Container Lines
RCL

A signal for container freight and intra-Asia trade.

Revenue 2024
31 THB bn
2023: 25 THB bn
+24.0%
Based on: SET / company annual filings
6
Precious Shipping
PSL

A signal for dry-bulk shipping and resource transport.

Revenue 2024
6.5 THB bn
2023: 6.1 THB bn
+6.6%
Based on: SET / company annual filings
7
Thoresen Thai Agencies
TTA

A diversified signal across shipping, offshore and fertilizer.

Revenue 2024
24 THB bn
2023: 22 THB bn
+9.1%
Based on: SET / company annual filings
8
WHA Corporation
WHA

A signal for logistics parks, industrial estates and FDI.

Revenue 2024
16 THB bn
2023: 14 THB bn
+14.3%
Based on: SET / company annual filings
9
Amata Corporation
AMATA

A signal for industrial estate sales and manufacturing investment.

Revenue 2024
12 THB bn
2023: 10 THB bn
+20.0%
Based on: SET / company annual filings
10
Prima Marine
PRM

A signal for petroleum and chemical marine transport.

Revenue 2024
9 THB bn
2023: 8 THB bn
+12.5%
Based on: SET / company annual filings
Revenue figures are rounded for readability. For banks and non-industrial financial firms, the displayed figure is operating or total income. This section is designed to show company scale at a glance, not to replace audited financial statements.
How News Brain reads signals

Economy reading frame

Economy scale

A core upper-middle-income ASEAN economy anchored by manufacturing and tourism.

Data first

The profile charts are designed as the factual base before AI commentary. Population, GDP, growth and trade show the pressure behind local news.

Reader value

Beautiful data is not decoration here. It helps readers compare news, notice turning points, and understand why a story matters.

Sector snapshot

Main industries

AutomotiveElectronicsTourismAgro-processingPetrochemicals
Why it matters

We connect macro trends, local policy shifts, and business consequences so readers can see what matters beyond the headline.

Editorial note
  • Population, nominal GDP, GDP per capita, growth, unemployment, and FDI use World Bank Open Data for Thailand (THA).
  • Population, GDP, exports, imports, and trade charts use annual 2014-2024 values. GDP and trade values are nominal current US$.
  • Monthly temperature, humidity, and precipitation use NASA POWER Climatology for Bangkok. Rain probability is a display indicator for seasonal rain pressure.
  • Tourist arrivals use the World Bank international tourism arrivals series, shown with 2019 as the benchmark.