Thailand PESTLE Insights - A Macroeconomic Outlook Report, GlobalData

Thailand PESTLE Insights - A Macroeconomic Outlook Report, GlobalData

  • October 2021 •
  • 45 pages •
  • Report ID: 5975871 •
  • Format: PDF
Thailand PESTLE Insights - A Macroeconomic Outlook Report

According to the analyst, mining, manufacturing and utilities contributed 28.5% to the country’s gross value added (GVA) in 2020, followed by wholesale, retail and hotels (23.2%), and financial intermediation, real estate and business activities (13.4%). The sectors are expected to grow by 14.8%, 1.9% and 2.7%, respectively, in 2021.

Bangkok accounted for 33.1% of Thailand’s gross domestic product and 15.6% of its population in 2020, According to the analyst

Overall, the Thailand Stock Exchange (SET Index) has exhibited an increasing trend since November 2020. As of October 4, 2021, the SET index stood at 1,616.82, compared to 1,237.54 on October 4, 2020.

- As of February 2021, the government has plans for US$5.43bn worth of public-private infrastructure projects in 2021 to support long-term economic growth

Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.

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