EARCOS Teachers' Conference 2007
Bangkok, Thailand
March 28-31, 2007
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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%.

 


East Asia Regional Council of Overseas Schools
Brentville Subdivision, Barangay Mamplasan, Biñan, Laguna, 4024 Philippines
Phone: +63 (49) 511-5993/5994 Fax: +63 (49) 511-4694