ID :
205466
Tue, 09/06/2011 - 10:46
Auther :
Shortlink :
http://m.oananews.org//node/205466
The shortlink copeid
Thailand's net wealth up 2% annually
BANGKOK, September 6 (TNA) - Thailand's National Economic and Social Development Board (NESDB) reported on Tuesday that the Kingdom's net wealth has annually edged up 2 per cent on average so far, from 732 trillion baht in 2005 to 790.4 trillion baht in 2009.
An NESDB policy analyst, Wanapha Klaisuan, acknowledged that Thailand's net wealth has shown on a national balance sheet developed by her agency to measure the country's economic potential based on scarce resources.
The analyst said the national balance sheet indicated that Thai households have mostly contributed to the country's net wealth, followed by non-financial business entities, and that Thailand's net wealth per net asset has annually stood at 93 per cent, mostly attributed to the country's occupation of economics-borne land, excluding forest areas; while Thailand's net liability per asset has annually stood at 7 per cent.
According to the NESDB's accounting report, the national net wealth/the country's gross domestic product (GDP) has stood at 91.9 on average, but when the country's total land value is excluded, the national net wealth/GDP has plummeted to 3.1 on average. (TNA)
An NESDB policy analyst, Wanapha Klaisuan, acknowledged that Thailand's net wealth has shown on a national balance sheet developed by her agency to measure the country's economic potential based on scarce resources.
The analyst said the national balance sheet indicated that Thai households have mostly contributed to the country's net wealth, followed by non-financial business entities, and that Thailand's net wealth per net asset has annually stood at 93 per cent, mostly attributed to the country's occupation of economics-borne land, excluding forest areas; while Thailand's net liability per asset has annually stood at 7 per cent.
According to the NESDB's accounting report, the national net wealth/the country's gross domestic product (GDP) has stood at 91.9 on average, but when the country's total land value is excluded, the national net wealth/GDP has plummeted to 3.1 on average. (TNA)
