In 2023, the mining and quarrying sector contributed approximately 342.8 billion Thai baht to Thailand’s gross domestic product (GDP), indicating a decrease compared to the previous year. 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 2023
(in billion Thai baht)
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NESDC. (July 16, 2024). Gross domestic product (GDP) from the mining and quarrying sector in Thailand from 2012 to 2023 (in billion Thai baht) [Graph]. In Statista. Retrieved December 14, 2024, from https://www.statista.com/statistics/1023212/thailand-gdp-from-mining-and-quarrying/
NESDC. "Gross domestic product (GDP) from the mining and quarrying sector in Thailand from 2012 to 2023 (in billion Thai baht)." Chart. July 16, 2024. Statista. Accessed December 14, 2024. https://www.statista.com/statistics/1023212/thailand-gdp-from-mining-and-quarrying/
NESDC. (2024). Gross domestic product (GDP) from the mining and quarrying sector in Thailand from 2012 to 2023 (in billion Thai baht). Statista. Statista Inc.. Accessed: December 14, 2024. https://www.statista.com/statistics/1023212/thailand-gdp-from-mining-and-quarrying/
NESDC. "Gross Domestic Product (Gdp) from The Mining and Quarrying Sector in Thailand from 2012 to 2023 (in Billion Thai Baht)." Statista, Statista Inc., 16 Jul 2024, https://www.statista.com/statistics/1023212/thailand-gdp-from-mining-and-quarrying/
NESDC, Gross domestic product (GDP) from the mining and quarrying sector in Thailand from 2012 to 2023 (in billion Thai baht) Statista, https://www.statista.com/statistics/1023212/thailand-gdp-from-mining-and-quarrying/ (last visited December 14, 2024)
Gross domestic product (GDP) from the mining and quarrying sector in Thailand from 2012 to 2023 (in billion Thai baht) [Graph], NESDC, July 16, 2024. [Online]. Available: https://www.statista.com/statistics/1023212/thailand-gdp-from-mining-and-quarrying/