The Gross Domestic Product Gdp Economics Essay

The Gross Domestic Product in Thailand was deserving 345.65 billion US dollars in 2011, harmonizing to a study published by the World Bank. The GDP value of Thailand is approximately tantamount to 0.56 per centum of the universe economic system. Historically, from 1960 until 2011, Thailand GDP averaged 85.51 Billion USD making an all clip high of 345.65 Billion USD in December of 2011 and a record depression of 2.76 Billion USD in December of 1960. The gross domestic merchandise ( GDP ) steps of national income and end product for a given state ‘s economic system. The gross domestic merchandise ( GDP ) is equal to the entire outgos for all concluding goods and services produced within the state in a stipulated period of clip. This page includes a chart with historical informations for Thailand GDP.

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Thailand GDP Annual Growth Rate

The Gross Domestic Product ( GDP ) in Thailand expanded 4.20 per centum in the 2nd one-fourth of 2012 over the same one-fourth of the old twelvemonth. Historically, from 1994 until 2012, Thailand GDP Annual Growth Rate averaged 3.62 Percent making an all clip high of 12.30 Percentage in June of 1995 and a record depression of -13.90 Percent in June of 1998. The one-year growing rate in Gross Domestic Product measures the addition in value of the goods and services produced by an economic system over the period of a twelvemonth. Therefore, unlike the normally used quarterly GDP growing rate the one-year GDP growing rate takes into history a full twelvemonth of economic activity, therefore avoiding the demand to do any type of seasonal accommodation. This page includes a chart with historical informations for Thailand GDP Annual Growth Rate.

Thailand GDP Growth Rate

The Gross Domestic Product ( GDP ) in Thailand expanded 3.30 per centum in the 2nd one-fourth of 2012 over the old one-fourth. Historically, from 1993 until 2012, Thailand GDP Growth Rate averaged 0.97 Percent making an all clip high of 10.80 Percentage in March of 2012 and a record depression of -10.80 Percent in December of 2011. The Gross Domestic Product ( GDP ) growing rate provides an aggregative step of alterations in value of the goods and services produced by an economic system. The economic system of Thailand is an emerging economic system which is to a great extent export-dependent, with exports accounting for more than two tierces of gross domestic merchandise ( GDP ) . Well-developed substructure, a competitive economic system, and by and large pro-investment policies, made Thailand one of East Asia ‘s best performing artists. However, overall economic growing has fallen aggressively in 2008 and 2009 as planetary downswing and relentless political crisis stalled substructure mega-projects, eroded investor and consumer assurance. This page includes a chart with historical informations for Thailand GDP Growth Rate.

Thailand GDP per capita

The Gross Domestic Product per capita in Thailand was last reported at 2698.41 US dollars in 2011, harmonizing to a study published by the World Bank. The GDP per Capita in Thailand is tantamount to 22 per centum of the universe ‘s norm. Historically, from 1960 until 2011, Thailand GDP per capita averaged 1266.78 USD making an all clip high of 2712.51 USD in December of 2010 and a record depression of 317.08 USD in December of 1960. The GDP per capita is obtained by spliting the state ‘s gross domestic merchandise, adjusted by rising prices, by the entire population. This page includes a chart with historical informations for Thailand GDP per capita.

Year

Value

2011

2698.41

2010

2712.51

2009

2531.23

2008

2608.25

Thailand Gross National Product

Gross National Product in Thailand increased to 4460.54 THB Billion in June of 2011 from 4396.21 THB Billion in June of 2010, harmonizing to a study released by the Nesdb, Thailand. Historically, from 1980 until 2011, Thailand Gross National Product averaged 2575.91 THB Billion making an all clip high of 4460.54 THB Billion in June of 2011 and a record depression of 910.68 THB Billion in June of 1980. This page includes a chart with historical informations for Thailand Gross National Product.

Thailand GDP Deflator

GDP Deflator in Thailand increased to 235.40 Index Points in May of 2012 from 229.06 Index Points in February of 2012, harmonizing to a study released by the Nesdb, Thailand. Historically, from 1993 until 2012, Thailand GDP Deflator averaged 176.71 Index Points making an all clip high of 235.40 Index Points in May of 2012 and a record depression of 125.46 Index Points in February of 1993. This page includes a chart with historical informations for Thailand GDP Deflator.

Year

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2012

229.06

235.40

2011

225.55

232.08

232.58

226.45

2010

217.02

222.10

223.45

217.19

2009

208.88

215.58

214.85

209.41

2008

201.55

212.60

214.30

204.07

* The tabular array above displays the monthly norm.

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