-->
Page 1 of 3 123 LastLast
Results 1 to 15 of 38

Thread: Thailands 'primary' source of income?

  1. #1
    Established User Array Unregistered's Avatar
    Join Date
    Nov 2006
    Posts
    121
    vCash
    500
    Thanks
    0
    Thanked 0 Times in 0 Posts


    Rep Power
    0

    Thailands 'primary' source of income?

    Just wondering, what particular area of trade generates the most income for the country.

    Most people in the west would think of the tourist industry, however I am not sure that is true. Tourism is without doubt an important industry for Thailand, but I'm not sure that it generates the most income.

    I am guessing agriculture, seefood or perhaps the export of gem's?

  2. #2
    Regular User Array barfomcgee's Avatar
    Join Date
    Jan 2007
    Location
    Riyadh
    Posts
    1,094
    vCash
    500
    Thanks
    0
    Thanked 0 Times in 0 Posts


    Rep Power
    2307

    Re: Thailands 'primary' source of income?

    From Wikipedia:

    Thailand exports over $105 billion worth of products annually [12]. Major exports include rice, textiles and footwear, fishery products, rubber, jewelry, automobiles, computers and electrical appliances. Thailand is the world’s no.1 exporter of rice, exporting 6.5 million tons of milled rice annually. Rice is the most important crop in the country. Thailand has the highest percent of arable land, 27.25%, of any nation in the Greater Mekong Subregion [13]. About 55% of the available land area is used for rice production [14].
    Substantial industries include electric appliances, components, computer parts and automobiles, while tourism contributes about 5% of the Thai economy's GDP. Long stay foreign residents also contribute heavily to GDP.

  3. #3
    mig
    mig is offline
    Large Member Array mig's Avatar
    Join Date
    Nov 2004
    Location
    UK
    Posts
    927
    vCash
    500
    Thanks
    0
    Thanked 0 Times in 0 Posts


    Rep Power
    733

    Re: Thailands 'primary' source of income?

    Prostitution – obviously.
    Bark like a Donkey!

  4. #4
    I'd rather be lampshading Array jonny danger's Avatar
    Join Date
    Nov 2004
    Location
    Guadalajara
    Posts
    29,332
    vCash
    300
    Thanks
    434
    Thanked 336 Times in 258 Posts


    Rep Power
    100364

    Re: Thailands 'primary' source of income?

    drugs

  5. #5
    New Member Array chelsearentboy's Avatar
    Join Date
    Feb 2007
    Posts
    60
    vCash
    500
    Thanks
    0
    Thanked 0 Times in 0 Posts


    Rep Power
    0

    Re: Thailands 'primary' source of income?

    Quote Originally Posted by mig
    Prostitution – obviously.
    The income derived from prostitution is actually relatively small when compared to the rest of the enconomy.

  6. #6
    Senior Member Array defender's Avatar
    Join Date
    Feb 2005
    Posts
    14,728
    vCash
    500
    Thanks
    0
    Thanked 1 Time in 1 Post


    Rep Power
    3361

    Re: Thailands 'primary' source of income?

    Not sure about these days, but Thailand (at the outbreak of bird flu) was the world's fourth largest exporter of chickens.
    Excuse me for not taking this seriously .....

  7. #7
    mig
    mig is offline
    Large Member Array mig's Avatar
    Join Date
    Nov 2004
    Location
    UK
    Posts
    927
    vCash
    500
    Thanks
    0
    Thanked 0 Times in 0 Posts


    Rep Power
    733

    Re: Thailands 'primary' source of income?

    Quote Originally Posted by chelsearentboy
    The income derived from prostitution is actually relatively small when compared to the rest of the enconomy.
    No!

  8. #8
    New Member Array SalonKitty's Avatar
    Join Date
    Feb 2007
    Posts
    20
    vCash
    500
    Thanks
    0
    Thanked 0 Times in 0 Posts


    Rep Power
    0

    Re: Thailands 'primary' source of income?

    Quote Originally Posted by mig
    No!
    .....
    According to a study by Chulalongkorn University, the annual income from prostitution is about 500 billion Bath, or about 10-14 per cent of the country’s GDP. About 12 billion Bath are send annually to rural families by women working in the sex sector. 95% of all Thai men at least one in their life purchased sex. 4.6 million Thai men regularly and about 500,000 tourists annually engage with Thai woman and children in prostitution - 65% of all tourist arrivals are unaccompanied males.

  9. #9
    Senior Member Array reg the wedge's Avatar
    Join Date
    Jun 2005
    Location
    Pattaya
    Posts
    1,960
    vCash
    500
    Thanks
    0
    Thanked 0 Times in 0 Posts


    Rep Power
    722

    Re: Thailands 'primary' source of income?

    So som tam isn't that high on the list. I'm surprised.
    ...

  10. #10
    Hearing Voices Array Arnold!'s Avatar
    Join Date
    Nov 2004
    Location
    Inside 4 Walls
    Posts
    2,905
    vCash
    300
    Thanks
    0
    Thanked 0 Times in 0 Posts


    Rep Power
    1533

    Re: Thailands 'primary' source of income?

    Quote Originally Posted by Unregistered
    Just wondering, what particular area of trade generates the most income for the country.

    Most people in the west would think of the tourist industry, however I am not sure that is true. Tourism is without doubt an important industry for Thailand, but I'm not sure that it generates the most income.

    I am guessing agriculture, seefood or perhaps the export of gem's?
    Good OP, Unregistered.

    I suppose google or some site will have this.

  11. #11
    AJ
    AJ is offline
    Established User Array AJ's Avatar
    Join Date
    Oct 2004
    Location
    Kingsbridge (In a World Without End)
    Posts
    384
    vCash
    500
    Thanks
    0
    Thanked 0 Times in 0 Posts


    Rep Power
    53

    Re: Thailands 'primary' source of income?

    Quote Originally Posted by barfomcgee
    From Wikipedia:
    Thailand exports over $105 billion worth of products annually [12]. Major exports include rice, textiles and footwear, fishery products, rubber, jewelry, automobiles, computers and electrical appliances...
    According to a study by Chulalongkorn University, the annual income from prostitution is about 500 billion Bath, or about 10-14 per cent of the country’s GDP. About 12 billion Bath are send annually to rural families by women working in the sex sector...
    So the income from prostitution, Thai men and foreigners (mostly men), is roughly the same as the income from the export of rice...
    "You may be a cunning linguist, but I am a master debater." - Austin Powers

  12. #12
    SageAndOnion
    Guest

    Re: Thailands 'primary' source of income?

    Quote Originally Posted by barfomcgee
    Long stay foreign residents also contribute heavily to GDP.
    I expect this was written by a long term foreign resident.

  13. #13
    New Member Array chelsearentboy's Avatar
    Join Date
    Feb 2007
    Posts
    60
    vCash
    500
    Thanks
    0
    Thanked 0 Times in 0 Posts


    Rep Power
    0

    Re: Thailands 'primary' source of income?

    Quote Originally Posted by reg the wedge
    So som tam isn't that high on the list. I'm surprised.
    You're obviously new to Thailand, cos ST in it's final form doesn't travel well, which makes it a poor choice for exporters! However, if you care to look at the export figures for papayas, an important ingredient in ST ... they might surprise you.

  14. #14
    AJ
    AJ is offline
    Established User Array AJ's Avatar
    Join Date
    Oct 2004
    Location
    Kingsbridge (In a World Without End)
    Posts
    384
    vCash
    500
    Thanks
    0
    Thanked 0 Times in 0 Posts


    Rep Power
    53

    Re: Thailands 'primary' source of income?

    Quote Originally Posted by SageAndOnion
    I expect this was written by a long term foreign resident.
    Good ol' Stickman once estimated the number of long-term foreign residents to be around 300,000.

    If each of them spends 400,000 baht per year, then this would add up to 120,000,000,000 (120 billion Thai baht, or roughly 3.3 billion US dollars)...

    If the GDP is 5,000 billion baht, then 120 billion baht would be roughly 2.4% of GDP (?)

    Would a mass exodus of expats damage Thailand's economy as a whole - no. But would a couple of local businesses in Pattaya, Phuket, Hua Hin and Chiang Mai (and some ol' trades) lose income - yes.
    Last edited by AJ; 5th February 2007 at 13:39.

  15. #15
    SageAndOnion
    Guest

    Re: Thailands 'primary' source of income?

    Sounds like a reasonable estimate.

Page 1 of 3 123 LastLast

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •