5 REASONS WHY YOU NEED TO INVEST IN THAILAND

 

 

 

A mature, urban and digital population

A mature and growing e-commerce market

A growing middle class with disposable income

Rapid growth in digital payments

Educated population with increasingly international outlook

 

68m

Population

 

35.5

Average age

 

50.4%

Urban population

 

29m

Smartphone users

 

67%

Active social media users

15.9%

e-commerce revenue growth in 2016

 

US$2.9b

Total e-commerce revenue in 2016

 

8%

e-commerce share of total commerce by 2020

 

32hrs

Per week average internet user

 

 

US$147b

Total consumer expenditure in 2016

 

US$3,300

Annual disposable income per person in 2016

 

7.5%

Year-on-year retail sector growth in 2017

 

8.7%

Average household savings rate in 2016

 

78%

of the population have a bank account

 

41%

of all payments made through non-cash transaction

 

US$2.6b

in mobile payments in 2016

 

 

18m

Users of national electronic payment system

 

96.7%

Literacy rate in 2016

 

170

Tertiary institutions offering 4100 different programmes

 

15%

Growth in exports market in 2016

 

31st

in the world for global competitiveness

 

 

 

 

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GET READY TO GO SEAMLESS IN 2018

If you want to do business in the Thai payments, e-commerce or retail space, now is the time! We can help.
Contact
Audrey Leong at 65) 6322 2786 or email audrey.leong@terrapinn.com

 

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