Thailand (THB, Baht) Currency FX Analysis
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Thailand SWOT Statistics
Currency Strength Survey
Thailand was ranked as the 2nd largest economy in Southeast Asia after Indonesia in 2009. Thailand had historically been a tiger economy with average growth rates of 9.4% from 1985 to 1996. Thailand is exports account for more than two thirds of GDP and they are the world's leading exporter of rice and a major exporter of shrimp. Thailand also produces other crops such as coconuts, corn, rubber, soybeans, sugarcane and tapioca. In 2008, agriculture, forestry, and fishing contributed only 8.4% percent to GDP. Thailand's major minerals include fluorite, gypsum, lead, lignite, natural gas, tantalum, tin and tungsten. In 2007, Thailand’s industry sector accounted approximately 44% of GDP, however Industry only employed 14% of the workforce.
Baht Currency Analysis Update
Thailand’s (THB) is a South East Asian country that benefits from rapid growth as the country liberalizes. Thailand's Fundamental Currency Analysis (short term investment): Thailand’s currency is correctly-valued with low investment flow potential and high purchase price potential. Thailand's Value Investor Survey (short term investment): Thailand’s economic environment is moderate for long term economic growth. Thailand's Currency Trading Strategy: An correctly-valued currency, low investment flow potential and moderate business environment leads to a neutral outlook for Thailand’s investments.
Factors That Positively Affect The Baht
Factors That Negatively Affect The Baht
- Overfishing in the Gulf of Thailand Due to a rapid increase in fisheries in the Gulf of Thailand, Thailand has experienced a sharp decline In both size and quantity of fish retrieved from the Gulf. This has raised considerable economic...
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