In 2021, the mining and quarrying sector contributed approximately 351.6 billion Thai baht to Thailand’s gross domestic product (GDP). The figures show a fluctuation of GDP contribution from this sector throughout the years.
Mining in Thailand
Mining for non-metallic minerals such as industrial construction rock is essential to Thailand’s economic growth. Among the total number of mines in Thailand, most are limestone mines operating mainly to cater to the construction industry. Despite the growing demand for minerals in different sectors, the government strictly controls operations of mining businesses in Thailand due to the potentially hazardous impact on the environment. Mining businesses that pose threats to the environment must provide an environment and health assessment to the authorities while also pledging to be responsible for waste management and rehabilitation of the affected areas.
Rocks and minerals used for construction in Thailand
Limestone, basalt, and granite are the leading mineral aggregates quarried in Thailand, and are mainly used in construction. Mineral deposits for these are widespread throughout every region, making them cost-efficient to obtain. As a raw material for construction, limestone is cheaper than granite and basalt, as it is the most common type of mineral found in Thailand. Apart from these three, Thailand also uses other industrial mineral aggregates such as andesite, sandstone, gneiss, and marble for construction.
Gross domestic product (GDP) from the mining and quarrying sector in Thailand from 2012 to 2021
(in billion Thai baht)
Characteristic
GDP contribution in billion Thai baht
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National Statistical Office (Thailand). (May 12, 2022). Gross domestic product (GDP) from the mining and quarrying sector in Thailand from 2012 to 2021 (in billion Thai baht) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1023212/thailand-gdp-from-mining-and-quarrying/
National Statistical Office (Thailand). "Gross domestic product (GDP) from the mining and quarrying sector in Thailand from 2012 to 2021 (in billion Thai baht)." Chart. May 12, 2022. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1023212/thailand-gdp-from-mining-and-quarrying/
National Statistical Office (Thailand). (2022). Gross domestic product (GDP) from the mining and quarrying sector in Thailand from 2012 to 2021 (in billion Thai baht). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1023212/thailand-gdp-from-mining-and-quarrying/
National Statistical Office (Thailand). "Gross Domestic Product (Gdp) from The Mining and Quarrying Sector in Thailand from 2012 to 2021 (in Billion Thai Baht)." Statista, Statista Inc., 12 May 2022, https://www.statista.com/statistics/1023212/thailand-gdp-from-mining-and-quarrying/
National Statistical Office (Thailand), Gross domestic product (GDP) from the mining and quarrying sector in Thailand from 2012 to 2021 (in billion Thai baht) Statista, https://www.statista.com/statistics/1023212/thailand-gdp-from-mining-and-quarrying/ (last visited July 03, 2024)
Gross domestic product (GDP) from the mining and quarrying sector in Thailand from 2012 to 2021 (in billion Thai baht) [Graph], National Statistical Office (Thailand), May 12, 2022. [Online]. Available: https://www.statista.com/statistics/1023212/thailand-gdp-from-mining-and-quarrying/