Thailand
Southeast Asia · Bangkok · THB (Thai Baht)
Aperçu économique et sectoriel
Thailand is an upper-middle-income, newly industrialised economy in Southeast Asia and one of the region's largest by nominal GDP. Its economy is driven by manufacturing (particularly automotive, electronics, and electrical components), tourism, agriculture, and a growing services sector. The country is a major global exporter of automobiles and parts, processed food, electronics, and petrochemicals, with the United States, China, and ASEAN partners as its principal trading partners. Growth has been moderate by regional standards, averaging under 2% annually over the past decade, reflecting structural challenges including an ageing population, high household debt, and the need to move up the value chain into higher-technology industries. Tourism, which contributes significantly to GDP and employment, has continued its post-pandemic recovery.
Secteurs clés
📘 Tout savoir sur Thailand →Macro
| PIB nominal, USD | $526.41B |
| Croissance du PIB réel, annuel | 2.4% |
| Inflation annuel | 1.1% |
| Population habitants | 71.7M |
| PIB par habitant USD | $7,495 |
| Capitalisation boursière total coté, USD | $519.67B |
| Capitalisation boursière / PIB | 98.7% |
| Chômage | 0.7% |
| Sociétés cotées | 868 |
| Bourse | Stock Exchange of Thailand (SET) |
Année des données: 2024. Sources: World Bank World Development Indicators, Trading Economics, Macrotrends, FocusEconomics, Stock Exchange of Thailand (SET), Baker McKenzie Cross-Border Listings Guide, Wikipedia – Economy of Thailand, Wikipedia – Stock Exchange of Thailand, Global Citizens Solutions, Siam Legal International, Henley & Partners, Board of Investment Thailand (BOI).
Dernières actualités
Autres marchés de la région Southeast Asia
Principales sociétés cotées
Les plus grandes entreprises de la principale bourse locale, par capitalisation boursière.
| # | Entreprise | Secteur | Capitalisation boursièreUSD | Cotation américaine |
|---|---|---|---|---|
| 1 | PTT Public Company LimitedPTT · SET | Energy – Integrated Oil & Gas | $26.00B | — |
| 2 | Advanced Info Service PCLADVANC · SET | Telecommunications | $14.50B | — |
| 3 | PTT Exploration and Production PCLPTTEP · SET | Energy – Oil & Gas Exploration | $13.50B | — |
| 4 | Kasikornbank PCLKBANK · SET | Banking & Financial Services | $10.80B | — |
| 5 | Bangkok Bank PCLBBL · SET | Banking & Financial Services | $9.80B | BKKLY |
| 6 | SCB X PCLSCB · SET | Banking & Financial Services | $9.20B | — |
| 7 | Krung Thai Bank PCLKTB · SET | Banking & Financial Services | $8.50B | — |
| 8 | CP ALL PCLCPALL · SET | Consumer Staples – Retail | $8.20B | — |
| 9 | PTT Oil and Retail Business PCLOR · SET | Energy – Downstream & Retail | $7.90B | — |
| 10 | Bangkok Dusit Medical Services PCLBDMS · SET | Healthcare | $7.60B | — |
| 11 | Charoen Pokphand Foods PCLCPF · SET | Agriculture & Food Processing | $6.80B | — |
| 12 | The Siam Cement Group PCLSCC · SET | Industrials – Building Materials & Packaging | $6.50B | — |
| 13 | Airports of Thailand PCLAOT · SET | Infrastructure – Airports | $16.00B | — |
| 14 | Gulf Energy Development PCLGULF · SET | Energy – Power & Utilities | $9.10B | — |
| 15 | Central Retail Corporation PCLCRC · SET | Consumer Discretionary – Retail | $5.90B | — |
| 16 | Intouch Holdings PCLINTUCH · SET | Telecommunications – Holdings | $7.80B | — |
| 17 | Indorama Ventures PCLIVL · SET | Chemicals – Petrochemicals & PET | $4.50B | — |
| 18 | Thai Beverage PCLTHBEV · SET | Consumer Staples – Beverages | $12.00B | — |
| 19 | PTT Global Chemical PCLPTTGC · SET | Chemicals – Petrochemicals | $4.10B | — |
| 20 | SCB X PCL (already listed as #6 – substituting: Electricity Generating PCL)EGCO · SET | Energy – Power Generation | $2.60B | — |
| 21 | True Corporation PCLTRUE · SET | Telecommunications | $6.20B | — |
| 22 | Bumrungrad International Hospital PCLBH · SET | Healthcare | $3.60B | — |
| 23 | Siam Commercial Bank PCL (SCB – underlying, see SCB X)SCB · SET | Banking | $9.20B | — |
| 24 | Bank of Ayudhya PCL (Krungsri)BAY · SET | Banking & Financial Services | $5.90B | — |
| 25 | Tisco Financial Group PCLTISCO · SET | Banking & Financial Services – Hire Purchase | $2.10B | — |
ETF négociés aux États-Unis
Fonds cotés aux États-Unis offrant une exposition à ce marché — la voie la plus simple pour de nombreux investisseurs américains.
| Ticker | ETF | Émetteur | Périmètre | Ratio de frais% annuel | Exposition% du fonds |
|---|---|---|---|---|---|
| FLTW | Franklin FTSE Taiwan ETF | Franklin Templeton | Monopays Reference only | 0.19% | 0% |
| THD | iShares MSCI Thailand ETF | BlackRock (iShares) | Monopays | 0.59% | 100% |
| VWO | Vanguard FTSE Emerging Markets ETF | Vanguard | Marchés émergents larges | 0.08% | 2% |
| XSOE | WisdomTree Emerging Markets ex-State-Owned Enterprises Fund | WisdomTree | Marchés émergents larges | 0.32% | 2% |
| EEMA | iShares MSCI Emerging Markets Asia ETF | BlackRock (iShares) | Régional | 0.49% | 4% |
| GMF | State Street SPDR S&P Emerging Asia Pacific ETF | State Street (SPDR) | Régional | 0.49% | 3% |
| EEM | iShares MSCI Emerging Markets ETF | BlackRock (iShares) | Marchés émergents larges | 0.70% | 2% |
Bourse locale & accès
| Bourse | Stock Exchange of Thailand |
| Code | SET |
| Site web | www.set.or.th |
| Devise | THB |
Accès aux courtiers locaux
Foreign investors can access Thai equities through international brokers offering market access to the SET, including Interactive Brokers, Saxo Bank, and several regional brokers. Local Thai brokers such as Kasikorn Securities, SCB Securities, Bualuang Securities, and KGI Securities also accept non-resident accounts subject to documentation requirements. Foreign ownership of SET-listed shares is generally unrestricted for most companies, though certain sectors (media, telecom, land) impose foreign ownership caps under the Foreign Business Act. Dividends are subject to a 10% withholding tax for foreign investors. US-based investors may also gain exposure via US-listed ETFs or the limited ADR market.
Courtiers internationaux avec accès aux marchés étrangers
- Interactive Brokers — Direct access to 90+ markets worldwide, including many emerging exchanges.
- Saxo Bank — Multi-market access across Asia, Europe and the Middle East.
- Charles Schwab (Global) — Foreign ordinary shares on select markets; US-listed ADRs and ETFs.
- Fidelity International Trading — International stock trading on a number of developed and emerging markets.
Indiqué à titre indicatif uniquement — pas une recommandation. Les marchés disponibles, les frais et les règles d'ouverture de compte varient selon le courtier et votre pays de résidence.
Relocalisation & résidence
Visa d'investissement / programme de résidence
Subventions Long-term residency (10-year, renewable; no pathway to citizenship within programme)
Thailand operates the Long-Term Resident (LTR) Visa programme, launched in September 2022 and administered by the Board of Investment (BOI). It provides a 10-year renewable permission to stay under four categories: Wealthy Global Citizens (minimum USD 500,000 investment in Thai government bonds, Thai real estate, or Thai equities), Wealthy Pensioners (minimum USD 250,000 investment plus passive income of USD 40,000/year, or USD 80,000/year with no investment requirement), Work-from-Thailand Professionals, and Highly Skilled Professionals. Benefits include a flat 17% personal income tax rate for qualifying skilled professionals, fast-track airport services, and the ability to add dependents. The programme does not lead directly to permanent residency or citizenship, though separate pathways for those exist under Thai law. Thailand also offers the Thailand Privilege (Elite) Visa as a fee-based long-stay lifestyle visa.
Investissement minimum: $250.00K
Besoin d'aide pour votre candidature ? Des conseillers spécialisés en migration par investissement tels que Henley & Partners.
Accès pour les investisseurs étrangers
Thailand is a popular relocation destination for retirees, digital nomads, and expatriate professionals in Asia. The LTR Visa and Thailand Privilege Visa provide structured long-stay options. Cost of living is moderate to low compared to Western markets, and Bangkok offers world-class private healthcare. Foreign nationals generally cannot own land freehold but may own condominium units outright up to 49% of a building's total area. Non-immigrant retirement visas (O-A) remain available for those aged 50+ who do not qualify for or seek the LTR programme.
ADR et co-cotations aux États-Unis
Sociétés de ce pays dont les actions se négocient également aux États-Unis — accessibles via un compte de courtage américain ordinaire.
| Entreprise | Ticker américain | Ticker local | Note |
|---|---|---|---|
| Advanced Info Service PCL | AVIFY | ADVANC | AIS trades as an OTC ADR under AVIFY in US markets. Liquidity is limited; the primary and most liquid listing remains on the SET in Bangkok. |
| Bangkok Bank PCL | BKKLY | BBL | Bangkok Bank trades as an OTC ADR in the US under the ticker BKKLY. Each ADR represents 1 ordinary share. It is one of the few Thai companies with a formal US OTC ADR programme. |
| CP ALL PCL | CVPBF | CPALL | CP ALL has an OTC pink-sheet quotation in the US as CVPBF. Investors should note very low liquidity relative to the SET listing. |
| Kasikornbank PCL | KPCPY | KBANK | Kasikornbank has an OTC ADR programme in the US under KPCPY. Each ADR represents 1 ordinary share. Liquidity in the ADR is low compared to the home-market SET listing. |
| PTT PCL | PUTKY | PTT | PTT trades over-the-counter in the US under PUTKY. Trading volumes are thin in the US; the primary listing and liquidity are on the SET. |