Chiang Mai Economic Indicators
Posted on July 28th, 2007 by P@E
Economic Indicators
Because of its diverse economic background, Chiang Mai’s economy has been growing rapidly and efficiently. Chiang Mai’s Gross Provincial Product (GPP) was 98,004 million Baht in 2004. This is the highest in the Northern Region. Per capita income ranked third in the region, standing at 61,776 Baht. Major sources of revenue are the service sector (25,926 million Baht or 26%), industry (19,631 million Baht or 20%), commerce (15,811 million Baht or 16%) and agriculture (14,005 million Baht or 14%).
Agricultural Sector in Chiang Mai
A total of 1,436,948 rai of land is cultivated. 534,883 rai is dedicated to paddy rice, 194,148 rai to crop cultivation, 627,112 to orchards and 80,806 rai to other plants. Approximately 78% (127,272 rai) of agricultural land is irrigated. The total value of agricultural products in 2004 was 13,679 million Baht. In 2004 the main agricultural products were rice (396,009 tons worth 2,888 million Baht), longan (196,471 tons worth 2,357 million Baht), oranges (130,302 tons worth 1,954 million Baht), garlic (106,938 tons worth 1,336 million Baht) and red onions (351,478 tons worth 3,163 million Baht).