Thailand, whose name means "Land of the Free," has a well-developed infrastructure, a free-enterprise economy, and investment-friendly policies. Many of the country’s 1,430 islands are well-known for their appearances in Hollywood blockbusters.
Thailand is the world's 50th-largest country and is approximately 74% of the land area of Texas.
The Southeast Asian country offers a tropical climate and spectacular landscapes. Thailand attracts millions of tourists to her mountains, hills, plains, white sand tropical beaches, and a long coastline along the Gulf of Thailand and the Andaman Sea.
Thais are known for their hospitality and stopping visitors on the sidewalk simply to welcome them to the country. A frequently-shared phrase, "mai bpen rai," roughly translates as "no worries" or "no problem" and perfectly conveys Thailand's relaxed culture.
Thailand is the only Southeast Asian country never colonized by a European power. Exports account for more than 70% of GDP, giving Thailand a strong position in the global economy.
The World Bank classifies Thailand as a upper-middle economy with the following trade agreements and alliances: