Romania vs Thailand: Economic Indicators Comparison

Thailand with a GDP of $505B ranked the 26th largest economy in the world, while Romania ranked 49th with $239.6B. By GDP 5-years average growth and GDP per capita, Thailand and Romania ranked 86th vs 42nd and 89th vs 64th, respectively.

Gross Domestic Product & Income

StatRomaniaThailand
GDP$239.6B$505B
GDP growth, 1 year4.1%4.1%
GDP growth, 5-years average4.6%3.1%
Population19.6M65.9M
GDP per capita$12k$7.3k
GDP per capita growth4.56%3.8%
Purchasing Power Parity conversion factor1.7212.34
Price level ratio of PPP conversion factor GDP to market exchange rate0.440.38
GDP per capita, PPP adjusted$26k$19k
GNI, Atlas method$219.9B$458.7B
GNI per capita$11k$6.6k
GNI, PPP adjusted$535.9B$1.3T
GNI per capita, PPP adjusted$28k$18k

Financial system and Human development

StatRomaniaThailand
Income Tax Rate10%35%
Corporate Tax Rate16%20%
Inflation, consumer prices4.6%1.1%
Inflation, GDP deflator5.9%1.4%
Unemployment4.3%0.7%
Economic Freedom Index69.769.4
Personal Freedom Index8.747.42
Human Freedom Index87.11
Property Rights Index72.559.5
Judical Effectiveness Index56.148
Business Freedom Index58.683
Fiscal Health Index85.696.4
Labor Freedom Index6363.7
Investment Freedom Index7055
Financial Freedom Index5060
Trade Freedom Index86.483
Monetary Freedom Index78.174
Government Spending Index70.485.9
Tax Burden Index90.380.7
Government Integrity Index55.143.4
Corruption Perceptions Index4736
Life expectancy at birth, years75.376.7
Suicide mortality rate, per 100,000 people10.414.4
Mortality caused by road traffic injury, per 100,000 people10.332.7
Intentional homicides, per 100,000 people1.53.2
International tourism, number of arrivals11.7M38.2M

Government debt & reserves

StatRomaniaThailand
Central government debt, % of GDP36.6%42.1%
External debt stocks, % of GNI48%35.1%
External debt stocks$112.1B$169.2B
Short-term debt, % of total reserves37.7%29.3%
Total debt service, % of exports and primary income20.8%5.4%
Adjusted net savings including particulate emission damage, % of GNI3.4%14%
Gross savings, % of GDP19.7%32.2%
Gross capital formation, % of GDP24.2%25%
Total reserves including gold$42.1B$205.6B
Foreign direct investment net inflows$7.3B$13.4B

Exports, imports and economic structure

StatRomaniaThailand
Exports of goods and services, % of GDP41.6%66.8%
Imports of goods and services, % of GDP44.9%56.5%
Current account balance (balance of payments)-$10.9B$32.4B
Revenue excluding grants, % of GDP28.6%19.5%
Grants excluding technical cooperation, BoP$736M$90.4M
Personal remittances received$7B$7.5B
Industry including construction value added, % of GDP29%35%
Agriculture, forestry and fishing value added, % of GDP4.3%8.1%
Charges for the use of intellectual property, payments BoP$962.4M$5.3B
Charges for the use of intellectual property, receipts BoP$100.8M$163M
Expense, % of GDP31.6%18.5%
Government Expenditure, % of GDP31.4%21.7%

Compare with countries close by GDP per capita

Romania vs

CountryGDP
per capita
Population
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M

Thailand vs

CountryGDP
per capita
Population
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M