IMD World Competitiveness Booklet 2022

Competitiveness Country Profiles

Thailand Competitiveness Trends – Overall

OVERALL PERFORMANCE (63 countries)

BASIC FACTS

Rank

2018

2019

2020

2021

2022

Capital Land area (square km '000)

Bangkok

513 2021

31.977 2021

Exchange Rate (per $)

25

28

29

30

66.17 2021 13 506.0 2021 24 20,307 2021 51 1.6 2021 60 1.23 2021 08 1.93 2021 02 38.70 2021 10 -2.15 2021 48 271.8 2020 23 -0.97 2020 54

33

Population - market size (millions)

Gross Domestic Product (GDP) (US$ billions)

CHALLENGES IN 2022

GDP (PPP) per capita (US$)

Revive economic vibrancy.

• • •

Real GDP growth (%)

Enhance public sector resiliency. Improve social inclusiveness.

Consumer price inflation (%)

• Drive for digital capabilities enhancement. • Establish future oriented talent management.

Unemployment rate (%)

Labor force (millions)

Current account balance (% of GDP)

Direct investment stocks inward ($bn)

Direct investment flows inward (% of GDP)

PROVIDED BY: Thailand Management Association (TMA), Bangkok

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

4

7

13

22 25 22

27

31 29

34 38

37 33

41 38 44 47

51

51 53

PEER GROUPS RANKINGS ASIA - PACIFIC (14 countries)

POPULATIONS > 20 MILLION (27 countries)

2018

2019

2020

2021

2022

2018

2019

2020

2021

2022

8

9

9

9

9

10

10

11

12

12

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