The nation is recognized by the World Bank as "one of the great development success stories" in social and development indicators. Despite a low per capita gross national income (GNI) of US$5,210
Thailand's internet economy ranked No.2 in Southeast Asia, worth US 2 billion (394 billion baht) in 2018 out of $72 billion in the region, thanks to growth of the e-commerce and online media sectors , according to the latest Google-Temasek report.
Thailand's one of countries with the lowest unemployment rate in the world.
Bangkok is the economic centre of Thailand, and the heart of the country's investment and development
Hiring and training an IT staff can be very expensive, and temporary employees don't always live up to your expectations. Outsourcing lets you focus your human resources where you need them most.
For example, a good developer in the United State can cost anywhere from $50 to $80 an hour (for a full-time staffer depending on skills and experience). In comparison, the hourly cost of a developer in India can be negotiated down to as low as $15 per hour.
The largest savings from IT outsourcing in Thailand is in salaries for junior software developers. Thai developers with 1-4 years experience earn roughly one-fifth that of their counterparts in the United State. Thus larger projects that make use of a number of junior developers can save considerable amounts by offshoring their development project to Thailand.
Experienced project managers are also more economical in Thailand, with average salaries around one-third of those in the United State.