In 2022, the tourism industry contributed around 7.24 percent to Thailand’s GDP, which increased from the previous year. In that same period, the total value of Thailand’s GDP was almost five hundred billion U.S. dollars. Thailand’s tourism industry has been heavily affected by the COVID-19 pandemic. However, it is currently recovering after the government relaxed COVID-19 regulations and promoted tourism.
The economic contribution of travel and tourism in Thailand
Thailand is recognized as one of the most popular tourist destinations worldwide. Travel and tourism play a significant role in supporting Thailand’s economy. In 2022, these industries’ contribution to the country’s GDP reached over one trillion Thai baht. Thailand’s…
