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Thailand is a country located at the centre of the Indo-china peninsula in Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and the southern extremity of Burma. Thailand is a constitutional monarchy, which is headed by King Rama IX, the ninth king of the House of Chakri, after being reigned since 1946, is the world's longest-serving current head of state and the longest-reigning monarch in Thai history. Thai's maritime boundaries include Vietnam in the Gulf of Thailand to the southeast, and Indonesia and India in the Andaman Sea to the southwest.
It is presently a newly industrialized country and a major exporter.Tourism also contributes significantly to the Thai economy. Thailand is the world's 51st-largest country in terms of total area, with an area of approximately 198,000 square miles, and is the 20th-most-populous country, with around 64 million people. The capital and largest city is Bangkok, which is Thailand's political, commercial, industrial and cultural hub. The country's official language is Thai. Manufacturing is increasingly becoming an important economic beneficial factor and also concentrating on green technological improvements and developments. Major players in automotive sector are Honda and Nissan. It is a regional hub for automotive productions and manufacturing sector generates and contributes to 1/3rd of GDP to the country's economy. To know more about impact of COVID-19 pandemic on Thailand economy please reach our blog post titled Economic Impact of COVID-19 on Thailand and its Policy Response.
1 . PESTEL Analysis, SWOT Analysis and Risk Analysis of Thailand
Thailand PESTEL Analysis
This report covers Thailand's PESTEL (political, economic, social, technological, environmental and legal) analysis.
Thailand SWOT Analysis
This market research report covers SWOT (strengths, weaknesses, opportunities and threats) analysis for Thailand.
Thailand Risk Analysis
This market research report covers current and future business risk analysis for Thailand along with macroeconomic factor analysis.
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