The economy of Thailand is export-dependent, with exports accounting for 60% of GDP. The exchange rate has reached 37.00/usd (GDP $7.3 trillion baht) as of October 26, 2006, for a nominal GDP at market rates of approximately US$ 200 bilionn. This keeps Thailand as the 2nd largest economy in Southeast Asia, after Indonesia, a position it has held for many years. Thailand's recovery from the 1997-98 Asian financial crisis relied on exports, largely on external demand from the United States and other foreign markets. The Thaksin government took office in February 2001 with the intention of stimulating domestic demand and reducing Thailand's reliance on foreign trade and investment. Since then, the Thaksin administration has refined its economic message, embracing a "dual track" economic policy that combines domestic stimulus with Thailand's traditional promotion of open markets and foreign investment. This set of policies are popularly known as Thaksinomics. Weak export demand held 2001 GDP growth to 1.9%. In 2002-3, however, domestic stimulus and export revival fuelled a better performance, with real GDP growth at 5.3% and 6.3% respectively.

The baht is divided into 100 satang. "Brass" coins are valued at 25 and 50 satang. "Silver" coins are in denominations of 1, 2 and 5 baht. A 10 baht coin is composed of both "Silver" and "Brass". Banknotes are valued at 10 baht (Brown), 20 baht (Green), 50 baht (Blue), 100 baht (Red), 500 baht (Purple) and 1,000 baht (Khaki).

10 Baht

5 Baht

2 Baht

1 Baht

50 Satang

25 Satang

1000 Baht

500 Baht

100 Baht

50 Baht

20 Baht