The latest available Gross Domestic Product (GDP) figures for the member nations of the Chiang Mai Initiative (CMI) are given at the Wikipedia article linked to.
However, if it is Thailand’s Chiang Mai alone with which we are concerned, then I shall quote from BizTradeShows.com, which lists the GDP per capita as being $9,100:
Chiang Mia is a city of huge importance to Thailand economy. The city not only excels in the tourism industry but is also scoring well in terms of its agricultural output. Taiwan is the largest foreign investor in Chiang Mai, accounting for nearly 21% of investment. The other major investors are Japan and Australia. The city has undergone a phase of Rapid development in the last few years. Service sector is also on a all time high in this Thai city.
Chiang Mai’s economy has been growing rapidly and efficiently. Chiang Mai’s Gross Provincial Product (GPP) was 98,004 million Baht in 2004. This is the highest in the Northern Region. Per capita income ranked third in the region, standing at 61,776 Baht. Major sources of revenue are the service sector (25,926 million Baht or 26%), industry (19,631 million Baht or 20%), commerce (15,811 million Baht or 16%) and agriculture (14,005 million Baht or 14%). The city hosts a number of exhibitions and trade shows throughout the year. It can be said that after Bangkok the city of Chiang Mai is of primary importance to Thailand’s economy.
Please note that I am editing this post on December 14, 2012, so refer directly to any links if you are reading this too much longer after that date. The information there may have since been updated to something more current.
Concerning the Chiang Mai Creative City, Wikipedia says:
Creative industries comprise 13% of total GDP (2009) and the government intends to increase this to at least 20%.
Elsewhere (ChiangMaiNews.com), there is this:
…Tourism is a very important factor in Thailand’s economy, contributing an estimated 6.7% to the country’s GDP in 2007.
ThaiWebsites.com says that the GDP figures per capita for 2009 in Chiang Mai Province (latest comprehensive date, October 2011) is 79,236. If that is Baht, then a Google conversion into U.S. dollars is $2,588.39. Again, the conversion was done December 14, 2012.
In 1999, the six provinces in the Bangkok region, with their heavy concentration of industry, had only 15% of Thailand’s population yet produced 86% of the nation’s GDP. By contrast, Chiangmai’s northern region had 19% of the population but produced only 9% of the GDP (UNDP 2003,126-27).
I have no idea whatsoever how GDP translates with GRP (Gross Regional Product), but the per capita rates for the latter for the years 2005, 2006, 2007, 2008, and 2009 are given in a table at TourismInvest.tat.or.th.
Anecdotally, compare Thailand’s rating with your own country’s at the Legatum Prosperity Index.
A few somewhat related references:
Will there be a time in the future when young American English language teachers in Chiang Mai send part of the earnings back home to the folks to help them make it through the month? Is the Dollar a “Dead Man Walking”?
Well Dr. Marc Faber, the noted economist, writer, investor and blogger (http://www.gloomboomdoom.com) decided to make his home in Chiang Mai, Thailand. Faber has said frequently that the best defense against societal … The 2nd quarter 2012 GDP growth figure for the US was 1.3% with a 0.1% growth in personal income, with huge unemployment (officially 8.2%, but in reality more like 14.5%).. Thailand’s growth in GDP for 2012 is expected to be at between 4.5% …
American Expat in Chiang Mai … Total Thai public debt is about 40% of GDP, less than Switzerland, and about half the percentage of Germany, and one-third the percentage of Italy (who is at about 120%). “A strong financial …
American Expat in Chiang Mai. REPORTS FROM AN EXPAT THAT HAS MADE HIS HOME IN NORTHERN THAILAND. “Man is free the moment … The Social Security system is facing a 134 trillion dollar shortfall over the next 75 years — understand that the total GDP (everything America produces by everybody in the country in a year) is 15 trillion dollars. As an Expat, I am often discriminated by US official decree. Because I am living overseas, I do not have it easy to …
Last year I was in Chiang Mai, Thailand, and on the sidewalk I saw these words: ”Don’t worry GDP. Worry our lives.” The comment came on the back of many other general impressions about the state of economics and our …
Brought to you by the team behind Expat Newsletter Publication, which has run successfully for the last 5 years in Chiang Mai. We thought it was high time we joined the rest of the world online! The ethos behind our new site …
The size of Chiang Mai’s economy is comparatively small (Northern Thailand’s Gross Regional Product (GRP) per capita is the second lowest amongst eight regions of Thailand) and there are limited job and business opportunities. The growth of Chiang Mai’s has been in the lower ….. 2) Expect for increasing of GPP, GRP and GDP of Chiang Mai, northern region and Thailand economic situation. Project Timeline. • Expecting for the short term approach timeline …
Southeast Asian Cities
lagodaxnian Uploaded on 3 Jun 2009
These are southeast Asian Cities..Enjoy !!!