Thailand is the 40 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Thailand averaged 35.31 from 2007 until 2019, reaching an all time high of 40 in 2017 and a record low of 28 in 2008. source: World Economic Forum

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Thailand Competitiveness Rank

Actual Previous Highest Lowest Dates Unit Frequency
40.00 38.00 40.00 28.00 2007 - 2019 Yearly


Thailand Competitiveness Rank
The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability.

Thailand Business Last Previous Highest Lowest Unit
Business Confidence 45.10 47.40 55.70 34.40 points [+]
Industrial Production -8.27 -8.13 59.60 -32.00 percent [+]
Industrial Production Mom -1.60 0.00 21.90 -24.70 percent [+]
Capacity Utilization 63.17 63.88 70.77 42.11 points [+]
Changes in Inventories -13524.00 13628.00 170441.00 -159831.00 THB Million [+]
Car Registrations 19154.00 30839.00 66668.00 1690.00 [+]
Leading Economic Index 152.04 154.13 154.13 82.25 points [+]
Internet Speed 15999.07 13349.19 15999.07 779.57 KBps [+]
IP Addresses 2822892.00 2718483.00 3513472.00 780307.00 IP [+]
Total Vehicle Sales 79299.00 77121.00 157527.00 5338.00 [+]
Manufacturing Pmi 50.10 49.30 51.10 48.20 points [+]
Private Investment -1.60 1.70 20.20 -17.60 percent [+]
Cement Production 3264.16 3346.06 4210.58 522.00 Thousands of Ton [+]
Car Production 169474.00 166361.00 256581.00 23695.00 [+]
Coincident Index 126.87 127.14 129.45 92.66 points [+]
Competitiveness Index 68.11 67.53 68.11 4.51 Points [+]
Competitiveness Rank 40.00 38.00 40.00 28.00 [+]
Ease of Doing Business 21.00 27.00 46.00 12.00 [+]
Corruption Index 36.00 37.00 38.00 27.90 Points [+]
Corruption Rank 99.00 96.00 102.00 34.00 [+]