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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%.
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