Thailand has come first in the list of 15 happiest economies in the world, based on a survey by Bloomberg News.
Government Spokesman Major General Sansern Kaewkamnerd quoted a report in the Bloomberg Misery Index 2016 that Thailand has been rated the "happiest economy” in the world for two consecutive years.
According to the report, Thailand retains its bottom place among the miserable economies because of continuing low unemployment and inflation. The index was compiled by surveying economists and looking at economic data for inflation and unemployment.
Coming after Thailand in the list of happiest economies are Switzerland, Japan, South Korea, Taiwan, Denmark, China, the United States, Norway, the United Kingdom, Austria, New Zealand, Iceland, Malaysia, and Germany.
The level of international reserves remained high. The tourism sector has improved. Statistics compiled by the Tourism Authority of Thailand show that, in 2015, the Thai tourism industry hit the highest number in its history, attracting 29.8 million international tourist arrivals. The number represents an increase of 20 percent over 2014. In terms of tourism revenue, Thailand earned 1.4 trillion baht, accounting for a 23-percent year-on-year increase.
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