Sport · Thailand Bureau
Thailand targets top-20 global competitiveness ranking by 2030
Thailand's government has set an ambitious goal to break into the world's top 20 most competitive economies within the next six years. The objective forms part of a broader national economic strategy aimed at strengthening the kingdom's position in global markets.
LSN Thailand ·
Thailand is positioning itself to achieve a top-20 ranking on the Global Competitiveness Index by 2030, according to government economic planners. The target reflects efforts to enhance the country's productivity, innovation capabilities, and business environment to compete more effectively on the international stage.
The competitiveness objective aligns with Thailand's broader economic development agenda, which seeks to modernize key sectors and improve overall institutional frameworks. Officials have identified structural reforms and investment in technology as critical components for achieving the ambitious benchmark.
The kingdom currently faces competitive pressures from neighbouring economies in Southeast Asia. Reaching the top-20 threshold would require sustained improvements across multiple dimensions, including infrastructure, human capital development, and market efficiency.
Government agencies are expected to coordinate policy initiatives to support the competitiveness drive. Success will depend on implementation of reforms across both public and private sectors, alongside continued focus on education and skills development to build a more competitive workforce.
The 2030 target represents Thailand's commitment to maintaining its regional economic relevance amid rapid changes in global trade patterns and technological advancement.