Economy
Bangkok is the economic
center of Thailand. In 2005, it produced a GDP(PPP) of about USD 220
billion, which accounts for about 43% of the country's GDP. Its GDP(PPP)
per capita is roughly USD 20,000. The Stock Exchange of Thailand is
located in Bangkok with over 400 listed companies and combined market
capitalization of about 5 trillion Baht (USD 120 billion) as of 5 January
2006.
Bangkok is home to all the headquarters of Thailand's large commercial
banks and financial institutions. Its bank deposits totalled approximately
7 trillion Baht (USD 177 billion) at the end of the third quarter in
2005. There are 18 financial institutions with at least USD 1 billion
in total assets.
The income disparity of Bangkok's residents is significantly large,
especially among lower-income immigrant workers (from other provinces
and neighboring countries) and higher-income native residents. The poverty
rate stands at 7% of the population (excluding illegal immigrants who
constitute about 5-8% of population) compared to the national average
of 13%.