Thailand at a Glance

Kingdom of Thailand

Capital: Bangkok (or Krung Thep, in Thai, which means City of Angel)

• Geographical location: Located in the heart of mainland Southeast Asia
• Area: 513,115 sq km (198,115 sq miles)
• Population:  A multi-ethnic nation with a population of 69 million
• Official language: Thai with different dialect, while English is a compulsory subject of secondary school curricula
• Major religion: Buddhism
• Form of Government: Parliamentary democracy with a constitutional monarchy.
  Head of State: His Majesty King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua
  Prime Minister: Mr. Prayuth Chan-ocha
• Currency: Baht (30.91 THB = 1 USD (by BOT as of 24 Jul 2019))
• Economy:
  
  

  	Q1 2019 Actual	2019 Projection
  GDP	2.8%	3.3%-3.8%
  Inflation	0.7%	0.7%-1.2%

  Source: The Office of the National Economic and Social Development Council (NESDC)
• International Reserves: World ranked no.12, amounting of 211,556.30 Million USD (by BOT as of 05 Apr 2019)
• Why Thailand?
  
  Business:
  
  
  • Thailand ranked 27th in the Doing Business 2019 (Source : World Bank)
  • Thailand ranks 1st in best countries to start a business ( Source :  US News & World Report)
  • Thailand ranks 26th in best countries (Source :  US News & World Report)
  Tourism:
  
  
  • 3 consecutive years of the ‘Best Leisure Destination in the Asia Pacific’ (Source: Business Traveller Awards)
  • Bangkok Ranks 1st World most visited city  in 2018 (Source: MasterCard)
  • The most popular tourist destination in 2018 (Source: China Travel Agent Magazine)