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Tha
Thai
Thailand
The Kingdom of Opportunity
Source: Tourism Authority of Thailand
Source: Eastern Economic Corridor, Association of Southeast Asian Nations
The Prime Gateway to Asia
60
World
Population
%
48
Countries
Thailand
Myanmar
Lao PDR
Indonesia
Malaysia
Pilippines
Cambodia
Singapore
Vietnam
Brunei
Source: Ministry of Labor, National Statistical O!ce of Thailand
The Kingdom of Thailand in Brief
Population 66.19 mln. (2020)
Provinces 76 + 1 special admin. division
Median age 39 yrs (est.)
Capital Bangkok
Currency ฿ Baht (THB)
Area 513,120 Sq.Km
Water 0.43%
Airports 38 (7 international)
GDP $501.8 bln. (2020)
$7,219.2 (per cap)
The ceremony honoring the anniversary of the death of King Rama IX ‧ Oct 13, 2020 ‧ BKK 4th anniversary of the establishment of the o!ce ‧ Jan 23, 2021 ‧ DEPA
The coronation of King Maha Vajiralongkorn ‧ May 4, 2019 ‧ The Grand Palace The birthday anniversary of Her Royal Highness Princess Maha Chakri Sirindhorn ‧ Apr 2, 2021 ‧ DEPA
Monarchy & Buddhism
Source: DataReportal, Kepios, Hootsuite, We Are Social
Digital 2021
Source: Thailand Convention & Exhibition Bureau
Thailand’s Economic Structure
Source: The O!ce of SMEs Promotion, O!ce of Agricultural Economics, National Statistical O!ce of Thailand, DEPA
Source: Thailand Convention & Exhibition Bureau
Source:
Eastern Economic Corridor (EEC) O!ce
ASEAN Automotive Federation
World Vehicle Production
Next-Generation Automotive
1
Automotive
Producer in ASEAN
(2019)
st
11
World Vehicle
Production
(2019)
st
0
Excise Tax for
Full EVs during
2020 to 2022
%
Source:
Eastern Economic Corridor (EEC) O!ce
Ministry of Commerce (Thailand)
Intelligent Electronics
35.6
in Electronic
Machines Export
(2020)
bln.
US$ 2,503
companies in
the Electrical &
Electronics Industry (2020)
24.3
in Electrical
Equipment Export
(2019)
bln.
US$
Source:
Eastern Economic Corridor (EEC) O!ce
Statista, Food and Agriculture Organization
Advanced Agriculture & Biotechnology
23.84
Hectares
Available Land
(2019)
mln.
2Largest Exporter
of Rice in the World
(2019)
nd
1
World's Exporter of
Cassava Starch
(2019)
st
Source: Eastern Economic Corridor (EEC) O!ce, Statista, Food Innopolis
Food for the Future
393
Revenue in
the Food & Beverages
(2020)
bln.
US$ 26.2
Revenue Growth
(2020)
%
300
Tax Deduction for
RD&I Expenditures
(2020)
%
Source:
Ministry of Tourism and Sports
Thailand Medical Tourism Overview
Global Healthcare Accreditation
Eastern Economic Corridor (EEC) O!ce
High-Value and Medical Tourism
39.8
Tourists
in 2019
(2020)
mln. 600
Spending on
Medical Tourism
(2020)
mln.
US$ >60
Medical Facilities with
International Healthcare
Accreditation (2020)
Source: Eastern Economic Corridor (EEC) O!ce, International Institute for Management Development
Automation & Robotics
10
out of 63 countries
for World Robots
Distribution (2019)
nd
30
Increase in no.
of Robots Utilized
in Education & R&D (2019)
%
Source: Eastern Economic Corridor (EEC) O!ce, Frost & Sullivan
Airports of Thailand, Civil Aviation Authority of Thailand
Aviation & Logistics
648
Registered
Aircrafts
(2019)
38
Commercial
Airports
13
Centers for
Pilot Training
(2019)
66Hospitals w/ JCI Accreditation
Source: Eastern Economic Corridor (EEC) O!ce, CEOWORLD
Medical & Comprehensive Healthcare
6
Best in the
World Healthcare
(2019)
nd
1
Importer & Exporter
of Medical Devices
in ASEAN (2020)
st
1
Biofuel
Producer
in ASEAN
(2019)
st
1
Exporter of
Tapioca
(2019)
st
1
Plastics
Converters
in ASEAN
(2019)
st
Source: Eastern Economic Corridor (EEC) O!ce
Biofuel & Biochemical
2
In the World
eCommerce
Adoption (2020)
nd
Source: Eastern Economic Corridor (EEC) O!ce, Global Digital Report
Digital
75
Internet Penetration
(2020)
%
52
Internet Users
(2020)
mln.
Source: Eastern Economic Corridor (EEC) O!ce
Defense
3
Largest Defense
Spending in
SEA in 2020
nd
4
of Total Budget
Expenditure
%
38.6
Defense Funding
(2020)
mln.
US$
Source: Eastern Economic Corridor (EEC) O!ce, Social Mobility Index
Education & HR Development
14
out of 82 Countries
for Work Opportunities
(2020)
nd
38.6
Education Funding
(2020)
mln.
US$
HIGH-SPEED
TRAIN
DOUBLE TRACK
RAILWAY
INDUSTRIAL-
PORT
MOTORWAY
BANGKOK -
PATTYA -
RAYONG
Eastern Economic Corridor
Source: Eastern Economic Corridor
World Bank, IMD Business School, INSEAD,
World Intellectual Property Organization, World Economic Forum
Note: * Ranking in Emerging Economies Group
Economy Overview 2021
Source: NESDC and SCB EIC Forecast (Jan 27, 2021), Bangkok Post
2.2
-6.1
2.7
-8.4
-1.5
-19.4
1.2
-13.3
3.3
0.8
3.3
5.7
2.7
-1.0
Private
consumption
Private
investment
Public
consumption
Public
investment
Exports Imports
GDP
Growth
2020
2021F
2.8
4.5 2.3 1.8
Jun 24, 2021
1.9
Jun 2, 2021
Apr 30, 2021
28 Jan, 2021
Oct, 2021
Forecast
2021
Think Resilience, Think Thailand
Source: Board of Investment of Thailand
BOI’s Investment Incentives
Source: Board of Investment of Thailand
BOI Investment Incentive Scheme
Source: Board of Investment of Thailand
SMART
SMART V
SMART Visa
Source: Board of Investment of Thailand
Source: Startup Thailand Center
The Magic Touch of the Unicorns
Startup Universe
15Asia 13Europe
1
Africa
3Americas
2
Oceania
Source: Joint Foreign Chambers of Commerce in Thailand
Joint Foreign Chambers of Commerce
7 2018-2019
24 2020-2021
54 2022-2023
77 2024
Source: Digital Economy Promotion Agency
Source: DataReportal
Retail Central Bank Digital Currency
(CBDC)
eCom
eComm
eCommerce
Source: Bank of Thailand
1
st
5G
infrastructure
builder
in ASEAN
13
th
Exporter in
the world for
electronic
products and
parts
5
M
Adoption of
5G by the end
of 2021
5G
5G
5G
Source: OpenStreetMap
CANNABIS
Source: Prohibition Partners, The Thaiger
Green Rush
682
Industry worth
by 2024
mln.
US$ 33max
%
Foreign ownership
Commencing
(Jan, 2021)
1
in ASEAN
legalized (2017)
st
Crypto
697,780
Digital trading accounts
(Apr 26, 2021)
160,000 accounts last year
ID
Personal "dip-chip"
verification
(Sep 2021)
Legalized
(Jun 2018)
Bitcoin
Ethereum
Bitcoin Cash
Ethereum Classic
Litecoin
Ripple
Stellar
7
Source: Bangkok Post
Source: Royal Thai Government Gazette
Personal Data Protection Act (PDPA)
GDPR
Comparable to
the European General
Data Protection Regulation
Postponement
(Jun 1, 2022)
Published
(May 27, 2019)
#DigitalMind
zhukovets.com

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Thailand Overview

  • 1. 15 2021 - 2022 zhukovets.com Tha Thai Thailand The Kingdom of Opportunity
  • 3. Source: Eastern Economic Corridor, Association of Southeast Asian Nations The Prime Gateway to Asia 60 World Population % 48 Countries Thailand Myanmar Lao PDR Indonesia Malaysia Pilippines Cambodia Singapore Vietnam Brunei
  • 4. Source: Ministry of Labor, National Statistical O!ce of Thailand The Kingdom of Thailand in Brief Population 66.19 mln. (2020) Provinces 76 + 1 special admin. division Median age 39 yrs (est.) Capital Bangkok Currency ฿ Baht (THB) Area 513,120 Sq.Km Water 0.43% Airports 38 (7 international) GDP $501.8 bln. (2020) $7,219.2 (per cap)
  • 5. The ceremony honoring the anniversary of the death of King Rama IX ‧ Oct 13, 2020 ‧ BKK 4th anniversary of the establishment of the o!ce ‧ Jan 23, 2021 ‧ DEPA The coronation of King Maha Vajiralongkorn ‧ May 4, 2019 ‧ The Grand Palace The birthday anniversary of Her Royal Highness Princess Maha Chakri Sirindhorn ‧ Apr 2, 2021 ‧ DEPA Monarchy & Buddhism
  • 6. Source: DataReportal, Kepios, Hootsuite, We Are Social Digital 2021
  • 7. Source: Thailand Convention & Exhibition Bureau
  • 8. Thailand’s Economic Structure Source: The O!ce of SMEs Promotion, O!ce of Agricultural Economics, National Statistical O!ce of Thailand, DEPA
  • 9. Source: Thailand Convention & Exhibition Bureau
  • 10. Source: Eastern Economic Corridor (EEC) O!ce ASEAN Automotive Federation World Vehicle Production Next-Generation Automotive 1 Automotive Producer in ASEAN (2019) st 11 World Vehicle Production (2019) st 0 Excise Tax for Full EVs during 2020 to 2022 %
  • 11. Source: Eastern Economic Corridor (EEC) O!ce Ministry of Commerce (Thailand) Intelligent Electronics 35.6 in Electronic Machines Export (2020) bln. US$ 2,503 companies in the Electrical & Electronics Industry (2020) 24.3 in Electrical Equipment Export (2019) bln. US$
  • 12. Source: Eastern Economic Corridor (EEC) O!ce Statista, Food and Agriculture Organization Advanced Agriculture & Biotechnology 23.84 Hectares Available Land (2019) mln. 2Largest Exporter of Rice in the World (2019) nd 1 World's Exporter of Cassava Starch (2019) st
  • 13. Source: Eastern Economic Corridor (EEC) O!ce, Statista, Food Innopolis Food for the Future 393 Revenue in the Food & Beverages (2020) bln. US$ 26.2 Revenue Growth (2020) % 300 Tax Deduction for RD&I Expenditures (2020) %
  • 14. Source: Ministry of Tourism and Sports Thailand Medical Tourism Overview Global Healthcare Accreditation Eastern Economic Corridor (EEC) O!ce High-Value and Medical Tourism 39.8 Tourists in 2019 (2020) mln. 600 Spending on Medical Tourism (2020) mln. US$ >60 Medical Facilities with International Healthcare Accreditation (2020)
  • 15. Source: Eastern Economic Corridor (EEC) O!ce, International Institute for Management Development Automation & Robotics 10 out of 63 countries for World Robots Distribution (2019) nd 30 Increase in no. of Robots Utilized in Education & R&D (2019) %
  • 16. Source: Eastern Economic Corridor (EEC) O!ce, Frost & Sullivan Airports of Thailand, Civil Aviation Authority of Thailand Aviation & Logistics 648 Registered Aircrafts (2019) 38 Commercial Airports 13 Centers for Pilot Training (2019)
  • 17. 66Hospitals w/ JCI Accreditation Source: Eastern Economic Corridor (EEC) O!ce, CEOWORLD Medical & Comprehensive Healthcare 6 Best in the World Healthcare (2019) nd 1 Importer & Exporter of Medical Devices in ASEAN (2020) st
  • 18. 1 Biofuel Producer in ASEAN (2019) st 1 Exporter of Tapioca (2019) st 1 Plastics Converters in ASEAN (2019) st Source: Eastern Economic Corridor (EEC) O!ce Biofuel & Biochemical
  • 19. 2 In the World eCommerce Adoption (2020) nd Source: Eastern Economic Corridor (EEC) O!ce, Global Digital Report Digital 75 Internet Penetration (2020) % 52 Internet Users (2020) mln.
  • 20. Source: Eastern Economic Corridor (EEC) O!ce Defense 3 Largest Defense Spending in SEA in 2020 nd 4 of Total Budget Expenditure % 38.6 Defense Funding (2020) mln. US$
  • 21. Source: Eastern Economic Corridor (EEC) O!ce, Social Mobility Index Education & HR Development 14 out of 82 Countries for Work Opportunities (2020) nd 38.6 Education Funding (2020) mln. US$
  • 22. HIGH-SPEED TRAIN DOUBLE TRACK RAILWAY INDUSTRIAL- PORT MOTORWAY BANGKOK - PATTYA - RAYONG Eastern Economic Corridor Source: Eastern Economic Corridor World Bank, IMD Business School, INSEAD, World Intellectual Property Organization, World Economic Forum Note: * Ranking in Emerging Economies Group
  • 23. Economy Overview 2021 Source: NESDC and SCB EIC Forecast (Jan 27, 2021), Bangkok Post 2.2 -6.1 2.7 -8.4 -1.5 -19.4 1.2 -13.3 3.3 0.8 3.3 5.7 2.7 -1.0 Private consumption Private investment Public consumption Public investment Exports Imports GDP Growth 2020 2021F 2.8 4.5 2.3 1.8 Jun 24, 2021 1.9 Jun 2, 2021 Apr 30, 2021 28 Jan, 2021 Oct, 2021 Forecast 2021
  • 24. Think Resilience, Think Thailand Source: Board of Investment of Thailand
  • 25. BOI’s Investment Incentives Source: Board of Investment of Thailand
  • 26. BOI Investment Incentive Scheme Source: Board of Investment of Thailand
  • 27. SMART SMART V SMART Visa Source: Board of Investment of Thailand
  • 28. Source: Startup Thailand Center The Magic Touch of the Unicorns Startup Universe
  • 29. 15Asia 13Europe 1 Africa 3Americas 2 Oceania Source: Joint Foreign Chambers of Commerce in Thailand Joint Foreign Chambers of Commerce
  • 30. 7 2018-2019 24 2020-2021 54 2022-2023 77 2024 Source: Digital Economy Promotion Agency
  • 31. Source: DataReportal Retail Central Bank Digital Currency (CBDC) eCom eComm eCommerce Source: Bank of Thailand
  • 32. 1 st 5G infrastructure builder in ASEAN 13 th Exporter in the world for electronic products and parts 5 M Adoption of 5G by the end of 2021 5G 5G 5G Source: OpenStreetMap
  • 33. CANNABIS Source: Prohibition Partners, The Thaiger Green Rush 682 Industry worth by 2024 mln. US$ 33max % Foreign ownership Commencing (Jan, 2021) 1 in ASEAN legalized (2017) st
  • 34. Crypto 697,780 Digital trading accounts (Apr 26, 2021) 160,000 accounts last year ID Personal "dip-chip" verification (Sep 2021) Legalized (Jun 2018) Bitcoin Ethereum Bitcoin Cash Ethereum Classic Litecoin Ripple Stellar 7 Source: Bangkok Post
  • 35. Source: Royal Thai Government Gazette Personal Data Protection Act (PDPA) GDPR Comparable to the European General Data Protection Regulation Postponement (Jun 1, 2022) Published (May 27, 2019)