Thailand Climbs ASEAN Rankings in Latest Competitiveness Report
June 20, 2024
Thailand has advanced to 25th place from 30th in the global competitiveness rankings, surpassing Malaysia to become ASEAN's second-ranked country. The IMD World Competitiveness Center's 2024 Report highlights Thailand's significant economic performance improvements, particularly in international trade and current account balance. Despite a slight decrease in overall score, Thailand's economic zones showed notable gains in sectors like business efficiency and international trade, underlining its growing competitiveness in the region.
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