International Real Estate • General Insurance • Nutrition and Fitness
Thailand (Country Summary)
Thailand (Thai: ประเทศไทย), officially the Kingdom of Thailand and formerly known as Siam(Thai: สยาม), is a country at the center of the Southeast Asian Indochinese peninsula composed of 76 provinces. At 513,120 km2(198,120 sq mi) and over 68 million people, Thailand is the world’s 50th largest country by total area and the 21st-most-populous country. The capital and largest city is Bangkok, a special administrative area. Thailand is bordered to the north by Myanmar and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and the southern extremity of Myanmar. Its maritime boundaries include Vietnam in the Gulf of Thailand to the southeast, and Indonesia and India on the Andaman Sea to the southwest.
Thailand is a founding member of Association of Southeast Asian Nations (ASEAN) and remains a major ally of the US. Despite its comparatively sporadic changes in leadership, it is considered a regional power in Southeast Asia and a middle power in global affairs. With a high level of human development, the second largest economy in Southeast Asia, and the 20th largest by purchasing power parity (PPP), Thailand is classified as a newly industrialized economy; manufacturing, agriculture, and tourism are leading sectors of the economy.