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e stagnated due to the uncertain political climate that lasted through the December 2007 elections. Foreign investor sentiment was further tempered by a 30% reserve requirement on capital inflows instituted in December 2006, and discussion of amending Thailand's rules governing foreign-owned businesses. Economic growth in 2007 was due almost entirely to robust export performance - despite the pressure of an appreciating currency. Exports have performed at record levels, rising nearly 17% in 2006 and 12% in 2007. Export-oriented manufacturing - in particular automobile production - and farm output are driving these gains. GDP (purchasing power parity): $521.5 billion (2007 est.) GDP (official exchange rate): $245.7 billion (2007 est.) GDP - real growth rate: 4.8% (2007 est.) GDP - per capita (PPP): $8,000 (2007 est.) GDP - composition by sector: agriculture: 11.4% industry: 43.8% services: 44.8% (2007 est.) Labor force: 36.9 million (2007 est.) Labor force - by occupation: agriculture: 49% industry: 14% services: 37% (2000 est.) Unemployment rate: 1.4% (2007 est.) Population below poverty line: 10% (2004 est.) Household income or consumption by percentage share: lowest 10%: 2.7% highest 10%: 33.4% (2002) Distribution of family income - Gini index: 42 (2002) Investment (gross fixed): 26.8% of GDP (2007 est.) Budget: revenues: $44.14 billion expenditures: $49.83 billion (2007 est.) Fiscal year: 1 October - 30 September Public debt: 37.9% of GDP (2007 est.) Inflation rate (consumer prices): 2.2% (2007 est.) Central bank discount rate: 3.75% (31 December 2007) Commercial bank prime lending rate: 7.05% (31 December 2007) Stock of money: $28.62 billion (31 December 2007) Stock of quasi money: $216.6 billion (31 December 2007) Stock of domestic credit: $241.8 billion (31 December 2007) Agriculture - products: rice, cassava (tapioca), rubber, corn, sugarcane, coconuts, soybeans Industries: tourism, textiles and garments, agricultural processing, beverages, tobacco, cement, light manufacturing such as jewelry and electric appliances, computers and parts, integrated circuits, furniture, plastics, automobiles and automotive parts; world's second-largest tungsten producer and third-largest tin producer Industrial production growth rate: 5.4% (2007 est.) Ele
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