IMD World Competitiveness Booklet 2021

COMPETITIVENESS TRENDS - OVERALL THAILAND

OVERALL PERFORMANCE (64 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Bangkok

2017 2018 2019 2020 2021

513 2020

25

27

31.294 2020 66.19 2020 501.8 2020 19,232 2020 -6.1 2020 -0.85 2020 1.69 2020 38.54 2020 3.30 2020 254.4 2019 0.88 2019

28

Exchange Rate (per $)

29

30

14

Population - market size (millions)

CHALLENGES IN 2021 Short-term measures for economic recovery and social supports. Digital transformation and digitalization of the public sector. • Short-term measures for economic recovery and social supports. • Digital transformation and digitalization of the public sector. • Handling conflict driven by divisive opinion and generation gap. • Public-private partnership in handling the crisis. • National crisis capacity improvement especially crisis communication.

25

Gross Domestic Product (GDP) (US$ billions)

50

GDP (PPP) per capita (US$)

43

Real GDP growth (%)

6

Consumer price inflation (%)

2

Unemployment rate (%)

11

Labor force (millions)

22

Current account balance (% of GDP)

23

Direct investment stocks inward ($bn)

Thailand Management Association (TMA), Bangkok Provided by: Thailand Management Association (TMA), Bangkok

52

Direct investment flows inward (% of GDP)

COMPETITIVENESS LANDSCAPE

Economic Performance

Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance

Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

3

4

10

14

21

22 20

24

24

30

32

36

37

37 38

41

43 40

49

56

PEER GROUPS RANKINGS ASIA - PACIFIC (14 countries)

POPULATIONS > 20 MILLION (29 countries)

2017 2018 2019 2020 2021

2017 2018 2019 2020 2021

8

9

9

9

9

10

10

10

11

12

109

IMD WORLD COMPETITIVENESS BOOKLET 2021