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. source: 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. This page provides the latest reported value for - Thailand Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Thailand Competitiveness Rank - values, historical data and charts - was last updated on May of 2021.

Competitiveness Rank in Thailand is expected to reach 38.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Competitiveness Rank is projected to trend around 38.00 in 2021, according to our econometric models.

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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 Business Last Previous Highest Lowest Unit
Business Confidence 46.00 50.10 55.70 32.60 points [+]
Industrial Production 4.12 -1.35 59.60 -32.00 percent [+]
Industrial Production Mom -0.10 1.70 21.90 -24.80 percent [+]
Capacity Utilization 64.39 64.61 78.07 49.21 points [+]
Changes in Inventories 209909.00 -81340.00 209909.00 -159831.00 THB Million [+]
Car Registrations 33136.00 36454.00 66668.00 1690.00 [+]
Leading Economic Index 160.64 158.78 160.64 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 [+]
Corruption Index 36.00 36.00 38.00 27.90 Points [+]
Corruption Rank 104.00 101.00 104.00 34.00 [+]
Cement Production 3937.30 3825.90 4210.58 522.00 Thousands of Ton [+]
Car Production 155200.00 148118.00 256581.00 23695.00 [+]
Coincident Index 127.20 127.90 129.45 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 [+]
Total Vehicle Sales 74295.00 58960.00 157527.00 5338.00 Units [+]
Manufacturing PMI 50.70 48.80 51.10 36.80 points [+]
Private Investment -0.70 0.80 20.30 -49.70 percent [+]


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.