Thailand
Southeast Asia · Bangkok · THB (Thai Baht)
経済・産業概況
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.
主要セクター
📘 Thailandのすべてを知る →マクロ
| GDP 名目, USD | $526.41B |
| GDP成長率 実質, 年率 | 2.4% |
| インフレ率 年率 | 1.1% |
| 人口 人 | 71.7M |
| 一人当たりGDP USD | $7,495 |
| 時価総額 上場総額, USD | $519.67B |
| 時価総額/GDP | 98.7% |
| 失業率 | 0.7% |
| 上場企業数 | 868 |
| 取引所 | Stock Exchange of Thailand (SET) |
データ年度: 2024. 出典: 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).
最新ニュース
Southeast Asiaの他の市場
主要上場企業
現地主要取引所における時価総額上位企業。
| # | 企業 | セクター | 時価総額USD | 米国上場 |
|---|---|---|---|---|
| 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 | — |
米国上場ETF
この市場へのエクスポージャーを持つ米国上場ファンド — 多くの米国投資家にとって最もシンプルなアクセス手段です。
| ティッカー | ETF | 運用会社 | 対象範囲 | 経費率年率% | エクスポージャーファンドの% |
|---|---|---|---|---|---|
| FLTW | Franklin FTSE Taiwan ETF | Franklin Templeton | 単一国 Reference only | 0.19% | 0% |
| THD | iShares MSCI Thailand ETF | BlackRock (iShares) | 単一国 | 0.59% | 100% |
| VWO | Vanguard FTSE Emerging Markets ETF | Vanguard | 新興市場全体 | 0.08% | 2% |
| XSOE | WisdomTree Emerging Markets ex-State-Owned Enterprises Fund | WisdomTree | 新興市場全体 | 0.32% | 2% |
| EEMA | iShares MSCI Emerging Markets Asia ETF | BlackRock (iShares) | 地域別 | 0.49% | 4% |
| GMF | State Street SPDR S&P Emerging Asia Pacific ETF | State Street (SPDR) | 地域別 | 0.49% | 3% |
| EEM | iShares MSCI Emerging Markets ETF | BlackRock (iShares) | 新興市場全体 | 0.70% | 2% |
現地取引所とアクセス方法
| 取引所 | Stock Exchange of Thailand |
| コード | SET |
| ウェブサイト | www.set.or.th |
| 通貨 | THB |
現地ブローカーアクセス
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.
海外市場対応のグローバルブローカー
- 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.
参考情報として掲載しており、推奨ではありません。対応市場、手数料、口座開設条件はブローカーや居住国によって異なります。
移住・居住権
投資ビザ・居住権プログラム
付与内容 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.
最低投資額: $250.00K
申請のサポートが必要な場合は、投資移住専門のアドバイザー(例: Henley & Partners.
外国人投資家のアクセス
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.
米国上場ADR・クロスリスティング
米国でも株式が取引されている当該国の企業 — 通常の米国証券口座で投資可能です。
| 企業 | 米国ティッカー | 現地ティッカー | 備考 |
|---|---|---|---|
| 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. |