The Thai economy is classified as a newly industrialized economy, characterized by a mix of agriculture, manufacturing, and services. Agriculture plays a significant role, with products like rice, rubber, and seafood being major exports. The country has also developed a strong tourism sector, attracting millions of visitors each year, which contributes significantly to its GDP. In recent years, Thailand has focused on improving infrastructure and promoting foreign investment to boost economic growth. The government has implemented various policies to enhance trade and innovation, aiming to transition towards a more technology-driven economy while addressing challenges such as income inequality and environmental sustainability.