|
Reason 3
Agriculture is the cornerstone
of the economy.
Agriculture currently accounts for only 11% of the nation's
GDP , but it has strong socio-economic ramifications. It employs
the bulk of the work force. Nearly two-thirds of the country's
land resources are devoted to farming . Crops, with rice the
most important, constitute the main source of agricultural
income but the climate and soil are conducive to growing a
wide range of products. Fishing, too, provides essential components
to the Thai diet as do livestock and poultry raising. Thailand
provides enough for its populace and supplies other countries
as well. It is one of the few net food exporters in the world.
 |
| |
 |
| |
 |
| |
| GROSS
DOMESTIC PRODUCT |
Source :
National Economic & Social Development
Board |
|
| sector(%change)
|
1996 |
1997 |
1998 |
| Total |
4598288 |
4675463 |
4608387 |
| Agriculture |
353837 |
363111 |
408436 |
| |
10.6 |
2.6 |
12.5 |
| Fishing |
87800 |
91941 |
106575 |
| |
5.7 |
4.7 |
15.9 |
| Manufacturing
|
1371474
|
1458480 |
1479479 |
| |
10.5 |
6.3 |
1.4 |
|
Construction |
340959 |
283438 |
189023 |
| |
12.1 |
-16.9 |
-33.3 |
| Hotels/Rest |
2477394 |
245855 |
249283 |
| |
12.6. |
-0.8 |
1 |
|
Finance |
330295 |
328999 |
203248 |
| |
11.1 |
-0.4 |
-38.2 |
| Real Estate |
152180 |
153514 |
143799 |
| |
8.2 |
-0.9 |
-6.3 |
|
Education |
147507 |
159533 |
181097 |
| |
7.9 |
8.2 |
13.5 |
|
| unit
: billion baht |
|
|
| |
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| |
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