the unsecure political situation, the opposition’s
protests and in the perspective of general
anticipated elections organization in autumn (the
most probably on November 14, 2010),Thailand’s
economy continued to grow in the first semester on
The Bank on Thailand saw as positive the GDP’s
growth from 3.3 – 5.3% to 4.3 - 5.8%, the margin
being given by the time’s estimation, regarding the
stopping or the extension of the oppositions’
actions that practically blocked the
government’s activity moving it in a military unity,
by occupying the Rajprasong commercial centre by the
Red Shirts for more than one month.
Finance Ministry reported that in the first semester
of 2010, the Thai GDP grew with more then 9%
comparing with the first semester of 2009. In the
absence of the political crisis, the GDP should grow with
6.7% in 2020, according to the economical experts who show
that the effects of the political crisis reflect in a minus
of 0.9% in the GDP. The most
affected sectors are: the tourisms, the intern consume and
the private investments. In the most pessimist case, the
crisis’ extension will affect the GDP’s growth between 1.8
and 2.7% at the end of 2010.
other economic indicators registered in the first
semester of 201o are: the industrial production’s
growth with 31%, the one of VAT’s collecting with
over 22.2% and the growth with 24.1% of the imported
More, the cars and the motorcycles
sells grew based on the prices value’s growth of the
alimentary products from the Thai agricultural
farms. China became the most important export market
replacing USA, being followed by Japan, EU and USA.
Exports in March 2010 grew with over 41% compared to
March 2009, decisively contributing to the overall
growth in the first semester.
The cars sells at
intern grew with 50.7%, the motorcycles one with
31.7%, partially because of the growth with 13% of
the Thai farmers and peasants’ standard of living.
The imports of alimentary products grew with 31.6%.
investments grew which led to the growth of the imports of
capital-goods with 24.1%. The cars’ sells at export grew
with 57.8% and the cement’s sells registered a growth of
these, the public investments/ the governmental
costs came down with 14.7% at the value of 483.8
billion Baht, partially because of their deduction
from 1.9 trillion Baht to 1.7 trillion Baht. The
investments and the governmental costs will continue
to grow in the second part of the year, due to the
stimulation programme of over 50 billion Baht, value
allocated in 2010, from which, already, over 33%
were spent so far.
unemployment’s value maintains at 1.2% because the
already fired ones preferred to work in commerce or
agriculture. The losses registered in the tourism’s
sector are about 7.5 billion Baht and will continue
to grow as long as the political crisis will last.
Ministry announced the allocation of more than 140 billion
Baht only to repair the Thailand’s image abroad, damaged by