Thailand’s
economy is dominated by the service sector, which contributed approximately 55.9%
to the total GDP in 2016. Wholesale & retail trade is the major contributor
with 15.4% of GDP. The government of Thailand is expected to increase
investment on a number of projects that will help further develop on various sectors,
such as infrastructure, robotics, aviation & logistics, biofuels &
biochemical, digital, and medical hub. Thailand has Sustainable Development
Goals which promote integrated water management, fight against corruption, and
provides the policy framework and strategy to respond to changes in global
economy, while promoting modernization of the industry and improving the
standard of living in the country. The Thai
government is focusing on developing the economy by upgrading production and
service based technology, innovation, and creativity.
Lucintel, a leading global management consulting and market research firm, has analyzed the
political, economic, social, technological, legal, and environmental factors of
Thailand and has come up with a comprehensive research report, “PESTLE
Analysis of Thailand 2017.” This report provides an analysis of the Thai
economy from historical, current, and future perspectives. SWOT analysis,
scenario analysis, and risk analysis of Thailand is also included in the report.
The report also includes forecast for the Thai economic growth through 2022.
The report highlights
various drivers and challenges which have influence on investment decisions in
the economy. The Thai economy enjoys a low rate of inflation and interest which
is increasing the country’s purchasing power parity. Thailand has strong
foreign exchange reserve which shows the country’s currency strength. Thailand
faced very challenging condition in terms of political stability, frequent
occurrence of natural calamities, and social challenge of high corruption rate.
This 92-page research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents and pricing
information on this timely, insightful report, contact Lucintel at
+1-972-636-5056 or via email at helpdesk@lucintel.com.
Lucintel provides cutting-edge decision support services that facilitate
critical decisions with greater speed, market
insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us
through Live Chat in its website to answer your questions in real time. Lucintel
offerings include SWOT Matrix, Due Diligence, Mergers &
Acquisitions, Industry/Market
Analysis and Strategic Growth
Consulting.
About Lucintel
Lucintel, the premier
global management consulting and market research firm, creates winning strategies
for growth—whether you need to understand market dynamics, identify new
opportunities, or increase your profitability. It offers market assessments,
competitive analysis, opportunity analysis, growth consulting, M&A, and due
diligence services to executives and key decision-makers in a variety of
industries. Over the last 15 years, Lucintel has served over 1,000 corporations
in 70 countries. For further information, visit www.lucintel.com.