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Thailand flag Thailand Business Environment

Trade, commerce, and economic integration indicators

Overview

Business environment indicators for Thailand, covering trade, commerce, foreign direct investment, corruption perceptions, and economic integration from the World Bank, OECD, IMF, and Transparency International.

Key Indicators

Domestic credit to private sector by banks (% of GDP)
115.1
2024 · Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
New business density (new registrations per 1,000 people ages 15-64)
1.5
2022 · The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.
Firms visited or required meetings with tax officials (% of firms)
41.9
2016 · Percentage of firms that were visited or inspected by tax officials or were required to meet with them over the last year.
Average time to clear exports through customs (days)
1.9
2016 · Average number of days to clear direct exports through customs.
Time to obtain an electrical connection (days)
7.1
2016 · Average wait, in days, experienced to obtain electrical connection from the day this establishment applied for it to the day it received the service.
Corruption Perceptions Index
34.0 /100
2024 · Transparency International CPI score (0-100, higher = less corrupt)

Data Explorer

Computer, communications and other services (% of commercial service imports)
40.4146550156389
2024 · World Bank
Fuel exports (% of merchandise exports)
3.42247697644995
2024 · World Bank
Merchandise exports (current US$)
300529000000
2024 · World Bank
Commercial service imports (current US$)
73330899098.2592
2024 · World Bank
Ores and metals exports (% of merchandise exports)
2.78898927714551
2024 · World Bank
Food imports (% of merchandise imports)
6.58830793138106
2024 · World Bank
Manufactures exports (% of merchandise exports)
72.1338694193379
2024 · World Bank
Insurance and financial services (% of service exports, BoP)
1.57830807154984
2024 · World Bank
Domestic credit to private sector (% of GDP)
148.201763792305
2024 · World Bank
Agricultural raw materials exports (% of merchandise exports)
4.00308967273164
2024 · World Bank
Insurance and financial services (% of service imports, BoP)
6.76167905588066
2024 · World Bank
Agricultural raw materials imports (% of merchandise imports)
1.31456589645742
2024 · World Bank
Export unit value index (2015 = 100)
118.8
2024 · World Bank
Import unit value index (2015 = 100)
128.5
2024 · World Bank
Food exports (% of merchandise exports)
14.7199616966765
2024 · World Bank
Transport services (% of commercial service imports)
31.3798794209486
2024 · World Bank
Travel services (% of commercial service imports)
21.4149485886045
2024 · World Bank
Insurance and financial services (% of commercial service exports)
1.59570728854356
2024 · World Bank
Trade in services (% of GDP)
27.6942803844807
2024 · World Bank
High-technology exports (% of manufactured exports)
28.3057768762254
2024 · World Bank

Frequently Asked Questions

Sources: World Bank · Last updated: 2025

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