Paying reverence to ancestors is also an important part of Songkran tradition.
The holiday is known for its water festival which is mostly celebrated by young people.
Its maritime boundaries include Vietnam in the Gulf of Thailand to the southeast, and Indonesia and India on the Andaman Sea to the southwest.
The Thai economy is the world's 20th largest by GDP at PPP and the 27th largest by nominal GDP.
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It became a newly industrialised country and a major exporter in the 1990s.
Manufacturing, agriculture, and tourism are leading sectors of the economy.