Education
The economy of Thailand is lower middle income industrial developing nation, heavily export-dependent, with exports accounting for 60% of GDP. The exchange rate has reached 37.00/usd (GDP $7.3 trln baht) as of October 26, 2006, for a nominal GDP at market rates of approximately US$ 200 bln. However, due to rapid appreciation in 2007, nominal GDP hovers around $230 bln, slightly smaller than that of Guangdong. This keeps Thailand as the 2nd largest economy in Southeast Asia, after Indonesia, a position it has held for many years. Despite this, Thailand ranks midway in the wealth spread in SouthEast Asia as its 4th richest nation per capita, after Singapore, Brunei, and Malaysia. It is also an anchor economy for the neighboring least developed countries of Laos, Burma, and Cambodia. Thailand's recovery from the 1997-98 Asian financial crisis relied on exports, largely on external demand. Thailand has a strong automotive export industry along with electronic goods manufacturing which has helped to strengthen the baht. Agriculture has always been traditional income generation, but has declined in relative terms in recent years as overall exports increased. Tourism has been on the rise as well, but not without negative consequences. With the instability surrounding the recent coup, however, the GDP growth of Thailand has settled at around 4% from previous highs of 5-7% under the previous administration, as locals as well as foreign companies hold investment back due to political uncertainty.
Economy
The economy of Thailand is lower middle income industrial developing nation, heavily export-dependent, with exports accounting for 60% of GDP. The exchange rate has reached 37.00/usd (GDP $7.3 trln baht) as of October 26, 2006, for a nominal GDP at market rates of approximately US$ 200 bln. However, due to rapid appreciation in 2007, nominal GDP hovers around $230 bln, slightly smaller than that of Guangdong. This keeps Thailand as the 2nd largest economy in Southeast Asia, after Indonesia, a position it has held for many years. Despite this, Thailand ranks midway in the wealth spread in SouthEast Asia as its 4th richest nation per capita, after Singapore, Brunei, and Malaysia. It is also an anchor economy for the neighboring least developed countries of Laos, Burma, and Cambodia. Thailand's recovery from the 1997-98 Asian financial crisis relied on exports, largely on external demand. Thailand has a strong automotive export industry along with electronic goods manufacturing which has helped to strengthen the baht. Agriculture has always been traditional income generation, but has declined in relative terms in recent years as overall exports increased. Tourism has been on the rise as well, but not without negative consequences. With the instability surrounding the recent coup, however, the GDP growth of Thailand has settled at around 4% from previous highs of 5-7% under the previous administration, as locals as well as foreign companies hold investment back due to political uncertainty.
Climate
High temperatures and humidity levels are experienced throughout the year. The country is hottest between March and May, and monsoon season runs from June to October. In September and October much of the country suffers from flooding, particularly in the north, north eastern and central regions. The cool season, most favoured by visitors, runs from November to February.
Bangkok has a hot, tropical climate with daytime temperature reaching the mid-30s throughout the year. November to February is the driest time of year and the most popular with tourists. March, April and May are the hottest months, and the rainy season runs from May to October. During the wet season short showers are likely during the afternoon, though some days it will rain all day.
List of Universities in THAILAND
North America
North America
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