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Topic 02 of 18 · Country Index 2026
Thailand: Economy & Innovation
What does an economy do for the people inside it?
Thailand is placed 38th of 176 countries on economy & innovation in the Country Index 2026, from 4 of its 4 key statistics. Readings behind it: GDP per Capita (PPP) 22,432 (2025); Firms with a Bank Loan or Line of Credit 45.89 (2025).
Share
Economy & Innovation
38th
of 176 countries placed
Placed from 4 of 4 key statistics
- 22,432GDP per Capita (PPP), 2025GDP per capita (constant 2021 international $, PPP)
- 45.89Firms with a Bank Loan or Line of Credit, 2025Firms with a bank loan or line of credit (%)
- 0.812Economic Complexity Index, 2024ECI score (standardised, roughly −3 to +3)
- 91.82Account Ownership at a Financial Institution, 2024Adults with an account (% of population aged 15+)
01The evidence
The 4 key statistics that decide it
Only these place Thailand on economy & innovation — one vote each. Every value is the publisher’s own, read at the edition the Country Index 2026 used — or, for a survey-based key, each country’s latest reading; the grey ticks are every other country it was compared with, lowest on the left.
22,432
GDP per capita (constant 2021 international $, PPP)
Higher is better
Thailand: 22,432. Across the 185 countries in this edition, values run from 1,067 (Burundi) to 139,593 (Singapore); the world median is 17,265.
- World median
- 17,265
- Best in South-eastern Asia
- 139,593 Singapore
- Land neighbours
- Cambodia 7,300 · Laos 8,873 · Myanmar 5,137 · Malaysia 35,461
Key 2 of 4
Firms with a Bank Loan or Line of Credit
World Bank Group
Latest reading per country, 2016–2025 · Thailand’s is from 2025 · CC BY 4.0
45.89
Firms with a bank loan or line of credit (%)
Higher is better
Thailand: 45.89. Across the 179 countries at their latest reading, values run from 2.113 (Pakistan) to 88.52 (Israel); the world median is 35.95.
- World median
- 35.95
- Best in South-eastern Asia
- 45.89 Thailand
- Land neighbours
- Cambodia 13.54 · Laos 21.77 · Myanmar 11.33 · Malaysia 37.93
Key 3 of 4
Economic Complexity Index
Growth Lab at Harvard University
2024 edition · data for 2024 · CC0 1.0
0.812
ECI score (standardised, roughly −3 to +3)
Higher is better
Ranked 33rd of 145 by Growth Lab at Harvard University
Thailand: 0.812. Across the 145 countries in this edition, values run from -3.53 (Chad) to 1.729 (Japan); the world median is 0.131.
- World median
- 0.131
- Best in South-eastern Asia
- 1.52 Singapore
- Land neighbours
- Cambodia 0.031 · Laos -0.703 · Myanmar -0.943 · Malaysia 0.86
Key 4 of 4
Account Ownership at a Financial Institution
World Bank Group
2024 edition · data for 2024 · CC BY 4.0
91.82
Adults with an account (% of population aged 15+)
Higher is better
Thailand: 91.82. Across the 139 countries in this edition, values run from 14.83 (Niger) to 99.85 (Iceland); the world median is 72.83.
- World median
- 72.83
- Best in South-eastern Asia
- 97.97 Singapore
- Land neighbours
- Cambodia 39.03 · Laos 37.65 · Malaysia 88.69
02Over time
Which way Thailand is moving
Each key’s published value, edition by edition, beside the world median. The Country Index 2026 is the first edition of the standing, so the standing itself has no history to chart yet.
GDP per Capita (PPP)
GDP per capita (constant 2021 international $, PPP) · higher is better
ThailandWorld median
Thailand rose from 11,624 in 2000 to 22,432 in 2025; the world median went from 10,589 to 17,265.
Every year’s figures
Year Thailand World median 2025 22,432 17,265 2024 21,882 18,108 2023 21,245 17,686 2022 20,768 16,933 2021 20,237 16,260 2020 19,950 15,631 2019 21,280 16,761 2018 20,882 16,349 2017 20,097 16,129 2016 19,373 15,512 2015 18,814 14,857 2014 18,327 14,475 2013 18,244 14,681 2012 17,872 14,631 2011 16,768 13,916 2010 16,732 14,101 2009 15,668 13,655 2008 15,894 14,030 2007 15,744 13,755 2006 15,053 12,983 2005 14,460 12,023 2004 13,999 11,608 2003 13,289 11,183 2002 12,514 11,144 2001 11,903 10,907 2000 11,624 10,589 Economic Complexity Index
ECI score (standardised, roughly −3 to +3) · higher is better
ThailandWorld median
Thailand rose from 0.562 in 2000 to 0.812 in 2024; the world median went from 0.016 to 0.131.
Every year’s figures
Year Thailand World median 2024 0.812 0.1310 2023 0.855 0.0710 2022 0.869 0.0580 2021 0.955 0.0010 2020 0.952 0.0470 2019 0.954 0.0300 2018 0.931 -0.0150 2017 0.941 0.0080 2016 0.927 -0.0660 2015 0.931 -0.0600 2014 0.909 -0.0190 2013 0.863 0.0140 2012 0.805 0.0060 2011 0.780 -0.0140 2010 0.779 -0.0020 2009 0.723 0.0990 2008 0.723 0.0700 2007 0.704 -0.0080 2006 0.691 0.0740 2005 0.647 0.0510 2004 0.629 0.0505 2003 0.608 0.0450 2002 0.583 0.0100 2001 0.598 0.0470 2000 0.562 0.0160 Account Ownership at a Financial Institution
Adults with an account (% of population aged 15+) · higher is better
ThailandWorld median
Thailand rose from 72.67 in 2011 to 91.82 in 2024; the world median went from 37.03 to 72.83.
Every year’s figures
Year Thailand World median 2024 92 73 2021 96 74 2017 82 59 2014 78 52 2011 73 37
03In context
Thailand beside its neighbours
A position reads best beside the countries around it. Every position below is a place among all 176 countries on economy & innovation, never a place within the region.
Thailand and the countries it borders
Standing among all 176; the key columns are the publishers’ own values.
| Country | Standing | GDP per Capita (PPP)GDP per capita (constant 2021 international $, PPP) | Firms with a Bank Loan or Line of CreditFirms with a bank loan or line of credit (%) | Economic Complexity IndexECI score (standardised, roughly −3 to +3) | Account Ownership at a Financial InstitutionAdults with an account (% of population aged 15+) |
|---|---|---|---|---|---|
| Thailand | 38th | 22,432 | 45.89 | 0.812 | 91.82 |
 Malaysia | 40th | 35,461 | 37.93 | 0.86 | 88.69 |
 Cambodia | =138th | 7,300 | 13.54 | 0.031 | 39.03 |
 Laos | =138th | 8,873 | 21.77 | -0.703 | 37.65 |
 Myanmar | 155th | 5,137 | 11.33 | -0.943 | — |
“—”: no published reading in that edition. What a standing is
Across South-eastern Asia
Every country in the sub-region, by its place among all 176.
Placed either side on economy & innovation
The countries immediately above and below Thailand in the topic’s list.
04Context, no vote
Where Thailand is ahead of the world, and behind
65 more statistics filed under economy & innovation, published in full and deliberately given no vote in the standing. Select a row for the publisher, the rank and the links.
Ahead of the world median25
Statistics on which Thailand does better than the middle country measured.
ICT Goods ExportsUNCTAD · 2024 · world median 0.97516.860.975No real change since 2014
Thailand: 16.86 · world median 0.975 · ICT goods exports (% of total goods exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0 to 61.45; higher is better.
Position 11th of 119 · derived.
Debt Service on External DebtWorld Bank Group · 2024 · world median 12.934.68412.93▲ Improved since 2014
Thailand: 4.684 · world median 12.93 · Total debt service (% of exports of goods, services and primary income). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 0.285 to 96.2; lower is better.
Position 98th of 109 · derived, 1st = worst.
Liner Shipping Connectivity IndexUNCTAD · 2026 · world median 56.21272.1256.21No real change since 2016
Thailand: 272.12 · world median 56.21 · LSCI (index, average Q1 2023 = 100). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.
Published values in that edition run from 4.13 to 1,319; higher is better.
Ranked 20th of 175 by UNCTAD.
Government AI Readiness IndexOxford Insights · 2025 · world median 40.1963.2240.19▲ Improved since 2020
Thailand: 63.22 · world median 40.19 · AI readiness score (0–100). Oxford Insights, 2025 edition, data for 2025.
Published values in that edition run from 12.12 to 88.36; higher is better.
Ranked 34th of 195 by Oxford Insights.
Productive Capacities IndexUNCTAD · 2022 · world median 46.6756.1646.67▲ Improved since 2012
Thailand: 56.16 · world median 46.67 · Productive Capacities Index (1–100). UN Trade and Development (UNCTAD), 2022 edition, data for 2022.
Published values in that edition run from 17.8 to 71.02; higher is better.
Position 49th of 195 · derived.
Logistics Performance IndexWorld Bank Group · 2023 · world median 2.93.52.9▼ Worsened since 2014
Thailand: 3.5 · world median 2.9 · LPI score (1–5). World Bank Group, 2023 edition, data for 2023.
Published values in that edition run from 1.9 to 4.3; higher is better.
Ranked 34th of 139 by World Bank Group.
Frontier Technology Readiness IndexUNCTAD · 2023 · world median 0.4850.6810.485No real change since 2013
Thailand: 0.681 · world median 0.485 · Frontier Technology Readiness Index (0–1). UN Trade and Development (UNCTAD), 2023 edition, data for 2023.
Published values in that edition run from 0 to 1; higher is better.
Position 47th of 170 · derived.
Income Share Held by Lowest 20%World Bank Group · 2023 · world median 7.127.947.12▲ Improved since 2013
Thailand: 7.94 · world median 7.12 · Share of national income held by the poorest fifth (%). World Bank Group, 2023 edition, data for 2023.
Published values in that edition run from 3.24 to 11.07; higher is better.
Position 18th of 60 · derived.
Digitally-Deliverable Services ExportsUNCTAD · 2024 · world median 25.4239.6825.42▲ Improved since 2014
Thailand: 39.68 · world median 25.42 · Digitally-deliverable services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0.377 to 87.15; higher is better.
Position 51st of 170 · derived.
Firms Competing Against Informal FirmsWorld Bank Group · 2026 · world median 41.8129.8141.81No earlier reading
Thailand: 29.81 · world median 41.81 · Firms competing against unregistered or informal firms (%). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 1.926 to 90.5; lower is better.
Position 124th of 181 · derived, 1st = worst.
Global Innovation IndexWorld Intellectual Property Organization · 2025 · world median 28.5236.6728.52No real change since 2022
Thailand: 36.67 · world median 28.52 · GII score (0–100). World Intellectual Property Organization, 2025 edition, data for 2025.
Published values in that edition run from 11.94 to 65.96; higher is better.
Ranked 45th of 139 by World Intellectual Property Organization.
Researchers per Million InhabitantsUIS · 2024 · world median 701.951,592701.95No earlier reading
Thailand: 1,592 · world median 701.95 · Researchers per million inhabitants (full-time equivalent). UNESCO Institute for Statistics (UIS), 2024 edition, data for 2024.
Published values in that edition run from 1.446 to 18,130; higher is better.
Position 53rd of 145 · derived.
External Debt Stocks (% of GNI)World Bank Group · 2024 · world median 43.9437.4943.94▲ Improved since 2014
Thailand: 37.49 · world median 43.94 · External debt stocks (% of GNI). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 2.213 to 350.57; lower is better.
Position 70th of 110 · derived, 1st = worst.
Comprehensive Wealth per CapitaWorld Bank Group · 2020 · world median 46,48668,21046,486No real change since 2010
Thailand: 68,210 · world median 46,486 · National comprehensive wealth per person (real chained 2019 US$). World Bank Group, 2020 edition, data for 2020.
Published values in that edition run from 4,276 to 1,246,092; higher is better.
Position 61st of 150 · derived.
Regulatory QualityWorld Bank Group · 2025 · world median -0.0930.124-0.093No real change since 2015
Thailand: 0.124 · world median -0.093 · Regulatory Quality (−2.5 to 2.5). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -2.106 to 2.113; higher is better.
Position 85th of 209 · derived.
Historical GDP per Capita (Maddison)GGDC · 2022 · world median 12,89016,42112,890No real change since 2012
Thailand: 16,421 · world median 12,890 · GDP per capita (2011 international $). Maddison Project, Groningen Growth and Development Centre (GGDC), 2022 edition, data for 2022.
Published values in that edition run from 596.39 to 149,171; higher is better.
Position 69th of 166 · derived.
Firms with an International Quality CertificationWorld Bank Group · 2026 · world median 10.411.910.4No earlier reading
Thailand: 11.9 · world median 10.4 · Firms with an internationally recognised quality certification (%). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 0 to 45.77; higher is better.
Interest Payments on External DebtWorld Bank Group · 2024 · world median 1.4511.3321.451▼ Worsened since 2014
Thailand: 1.332 · world median 1.451 · Interest payments on external debt (% of GNI). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 0.069 to 17.92; lower is better.
Position 62nd of 112 · derived, 1st = worst.
Research and Development SpendingUIS · 2023 · world median 0.8140.9360.814▲ Improved since 2013
Thailand: 0.936 · world median 0.814 · Gross domestic expenditure on R&D (% of GDP). UNESCO Institute for Statistics (UIS), 2023 edition, data for 2023.
Published values in that edition run from 0.006 to 6.346; higher is better.
Position 39th of 84 · derived.
Adjusted Net SavingsWorld Bank Group · 2021 · world median 8.3899.2228.389▼ Worsened since 2011
Thailand: 9.222 · world median 8.389 · Adjusted net savings, including particulate emission damage (% of GNI). World Bank Group, 2021 edition, data for 2021.
Published values in that edition run from -81.62 to 32.18; higher is better.
Position 55th of 118 · derived.
Gini IndexWorld Bank Group · 2023 · world median 33.7233.4933.72▲ Improved since 2013
Thailand: 33.49 · world median 33.72 · Gini index (0 = perfect equality, 100 = perfect inequality). World Bank Group, 2023 edition, data for 2023.
Published values in that edition run from 23 to 54.58; lower is better.
Position 32nd of 60 · derived, 1st = worst.
Palma RatioWorld Bank Group · 2023 · world median 1.3321.3191.332▲ Improved since 2013
Thailand: 1.319 · world median 1.332 · Palma ratio (income share of the richest 10% ÷ share of the poorest 40%). World Bank Group, 2023 edition, data for 2023.
Published values in that edition run from 0.771 to 4.193; lower is better.
Position 32nd of 60 · derived, 1st = worst.
Actual Individual Consumption per Capita (PPP)World Bank Group · 2021 · world median 12,80013,42912,800No real change since 2017
Thailand: 13,429 · world median 12,800 · Actual individual consumption per capita (PPP, current international $). World Bank Group, 2021 edition, data for 2021.
Published values in that edition run from 688.7 to 52,654; higher is better.
Position 83rd of 173 · derived.
Crop Production IndexFAO · 2022 · world median 106.23106.6106.23▼ Worsened since 2012
Thailand: 106.6 · world median 106.23 · Crop production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 53.79 to 189.93; higher is better.
Position 96th of 195 · derived.
Income Share Held by Richest 10%World Bank Group · 2023 · world median 26.1826.1226.18▲ Improved since 2013
Thailand: 26.12 · world median 26.18 · Share of national income or consumption held by the richest tenth (%). World Bank Group, 2023 edition, data for 2023.
Published values in that edition run from 18.79 to 43.08; lower is better.
Position 31st of 60 · derived, 1st = worst.
Behind the world median12
Statistics on which Thailand does worse than the middle country measured.
Average Monthly Earnings of EmployeesILO · 2024 · world median 1,6361,5151,636▲ Improved since 2014
Thailand: 1,515 · world median 1,636 · Average monthly earnings of employees (2021 PPP $). International Labour Organization (ILO), 2024 edition, data for 2024.
Published values in that edition run from 193.28 to 9,307; higher is better.
Position 40th of 75 · derived.
Food Production IndexFAO · 2022 · world median 106.08104.2106.08▼ Worsened since 2012
Thailand: 104.2 · world median 106.08 · Food production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 71.08 to 177.49; higher is better.
Position 109th of 195 · derived.
Total Factor Productivity LevelGGDC · 2023 · world median 0.6270.5780.627▲ Improved since 2013
Thailand: 0.578 · world median 0.627 · TFP level at current PPPs (USA = 1). Groningen Growth and Development Centre (GGDC), 2023 edition, data for 2023.
Published values in that edition run from 0.052 to 1.192; higher is better.
New Business DensityWorld Bank Group · 2024 · world median 2.1871.7492.187▼ Worsened since 2014
Thailand: 1.749 · world median 2.187 · New limited liability companies registered per 1,000 people aged 15–64. World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from 0.02 to 26.76; higher is better.
Livestock Production IndexFAO · 2022 · world median 107.06103.25107.06▼ Worsened since 2012
Thailand: 103.25 · world median 107.06 · Livestock production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.
Published values in that edition run from 35.52 to 190.08; higher is better.
Position 117th of 194 · derived.
World Energy Trilemma IndexWorld Energy Council · 2023 · world median 63.860.163.8No earlier reading
Thailand: 60.1 · world median 63.8 · Trilemma score (0–100). World Energy Council, 2023 edition, data for 2023.
Published values in that edition run from 27.7 to 83.2; higher is better.
Ranked 60th of 99 by World Energy Council.
Gini Index of Disposable Income (SWIID)Frederick Solt, University of Iowa · 2023 · world median 3336.633▼ Worsened since 2013
Thailand: 36.6 · world median 33 · Gini index of disposable household income (0–100), SWIID estimate. Frederick Solt, University of Iowa, 2023 edition, data for 2023.
Published values in that edition run from 22.3 to 51.2; lower is better.
Position 29th of 79 · derived, 1st = worst.
GDP GrowthWorld Bank Group · 2025 · world median 3.3962.4423.396▼ Worsened since 2015
Thailand: 2.442 · world median 3.396 · GDP growth (annual %). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -5.847 to 19.34; higher is better.
Position 123rd of 186 · derived.
Water-Use EfficiencyFAO · 2023 · world median 16.17.6716.1No real change since 2013
Thailand: 7.67 · world median 16.1 · Value added per cubic metre of freshwater withdrawn (constant US$ per m³). Food and Agriculture Organization of the United Nations (FAO), 2023 edition, data for 2023.
Published values in that edition run from 0.38 to 1,378; higher is better.
ICT Services ExportsUNCTAD · 2024 · world median 7.4740.717.474No real change since 2014
Thailand: 0.71 · world median 7.474 · ICT services exports (% of services exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0 to 56.25; higher is better.
Position 108th of 118 · derived.
Informal Output (DGE Model Estimate)World Bank Group (Prospects Group) · 2020 · world median 27.545.0327.5No real change since 2010
Thailand: 45.03 · world median 27.5 · Informal output, model estimate (% of official GDP). World Bank Group (Prospects Group), 2020 edition, data for 2020.
Published values in that edition run from 7.91 to 60.43; lower is better.
Management Practices IndexWorld Bank Group · 2026 · world median 52.3935.8352.39No earlier reading
Thailand: 35.83 · world median 52.39 · Management practices index, medium and large firms (0–100). World Bank Group, 2026 edition, data for 2026.
Published values in that edition run from 28.07 to 69.29; higher is better.
Position 162nd of 169 · derived.
No better end28
These describe the shape of a country — more is not better or worse, only different — so they are never ahead or behind.
Complexity Outlook IndexGrowth Lab at Harvard University · 2024 · world median -0.2251.518-0.225No real change since 2014
Thailand: 1.518 · world median -0.225 · Complexity Outlook Index (standardised; roughly −2.5 to +3). Growth Lab at Harvard University, 2024 edition, data for 2024.
Published values in that edition run from -1.682 to 2.878.
Manufacturing Value Added (% of GDP)World Bank Group · 2025 · world median 11.2623.7411.26Moved since 2015
Thailand: 23.74 · world median 11.26 · Manufacturing value added (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 0.481 to 43.97.
Position 9th of 132 · derived, counted from the highest value.
Exports of Goods and Services (% of GDP)World Bank Group · 2025 · world median 36.3471.1536.34No real change since 2015
Thailand: 71.15 · world median 36.34 · Exports of goods and services (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 1.103 to 199.76.
Position 21st of 138 · derived, counted from the highest value.
Trade (% of GDP)World Bank Group · 2025 · world median 79.68138.4179.68Moved since 2015
Thailand: 138.41 · world median 79.68 · Exports plus imports (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 2.382 to 396.65.
Position 22nd of 138 · derived, counted from the highest value.
Scholarly ArticlesOurResearch · 2025 · world median 2,24034,8142,240Moved since 2022
Thailand: 34,814 · world median 2,240 · Articles with at least one author at an institution in the country (full counting). OpenAlex (OurResearch), 2025 edition, data for 2025.
Published values in that edition run from 1 to 1,094,890.
Foreign Value Added Share of Gross ExportsOECD · 2022 · world median 27.4138.927.41Moved since 2012
Thailand: 38.9 · world median 27.41 · Foreign value added (% of gross exports). OECD, 2022 edition, data for 2022.
Published values in that edition run from 4.491 to 66.08.
Container Port TrafficUNCTAD · 2024 · world median 1,827,78811,432,6261,827,788Moved since 2014
Thailand: 11,432,626 · world median 1,827,788 · Container port traffic (TEU, twenty-foot equivalent units). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 17,263 to 299,703,800.
Position 20th of 103 · derived, counted from the highest value.
Imports of Goods and Services (% of GDP)World Bank Group · 2025 · world median 41.7267.2741.72Moved since 2015
Thailand: 67.27 · world median 41.72 · Imports of goods and services (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 1.279 to 196.89.
Position 27th of 138 · derived, counted from the highest value.
Merchant Fleet by Country of OwnershipUNCTAD · 2026 · world median 275.735,805275.73No real change since 2016
Thailand: 5,805 · world median 275.73 · Merchant fleet owned (thousand dead-weight tons). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.
Published values in that edition run from 0 to 397,071.
Creative Goods ExportsUNCTAD · 2024 · world median 1.2352.7351.235Moved since 2014
Thailand: 2.735 · world median 1.235 · Creative goods exports (% of merchandise exports). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 0 to 37.23.
Industry Value Added including Construction (% of GDP)World Bank Group · 2025 · world median 24.6531.0724.65Moved since 2015
Thailand: 31.07 · world median 24.65 · Industry, including construction, value added (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 2.228 to 75.09.
Position 41st of 158 · derived, counted from the highest value.
Foreign Direct Investment InflowsUNCTAD · 2025 · world median 1.9683.3281.968Moved since 2015
Thailand: 3.328 · world median 1.968 · FDI inflows (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from -32.97 to 2,221.
Statutory Minimum WageILO · 2024 · world median 657.95821.76657.95Moved since 2014
Thailand: 821.76 · world median 657.95 · Statutory minimum wage per month (2021 PPP $). International Labour Organization (ILO), 2024 edition, data for 2024.
Published values in that edition run from 4.038 to 3,804.
Services ExportsUNCTAD · 2025 · world median 9.60213.289.602Moved since 2015
Thailand: 13.28 · world median 9.602 · Services exports (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 0.085 to 166.21.
Agriculture, Forestry and Fishing Value Added (% of GDP)World Bank Group · 2025 · world median 6.5728.7476.572No real change since 2015
Thailand: 8.747 · world median 6.572 · Agriculture, forestry and fishing value added (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 0.025 to 47.59.
Position 65th of 158 · derived, counted from the highest value.
Gross Savings (% of GDP)World Bank Group · 2024 · world median 22.0624.0922.06Moved since 2014
Thailand: 24.09 · world median 22.06 · Gross savings (% of GDP). World Bank Group, 2024 edition, data for 2024.
Published values in that edition run from -21.13 to 47.82.
Position 61st of 146 · derived, counted from the highest value.
General Government ConsumptionWorld Bank Group · 2025 · world median 16.2116.6516.21No real change since 2015
Thailand: 16.65 · world median 16.21 · General government final consumption expenditure (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 5.445 to 38.94.
Position 64th of 132 · derived, counted from the highest value.
Total Natural Resources Rents (% of GDP)World Bank Group · 2021 · world median 1.7081.8171.708Moved since 2011
Thailand: 1.817 · world median 1.708 · Natural resources rents (% of GDP). World Bank Group, 2021 edition, data for 2021.
Published values in that edition run from 0 to 61.03.
Position 96th of 180 · derived, counted from the highest value.
Tariff Rate, Applied, Weighted Mean, All ProductsWorld Bank Group · 2022 · world median 3.663.673.66Moved since 2013
Thailand: 3.67 · world median 3.66 · Applied tariff rate, trade-weighted mean (%). World Bank Group, 2022 edition, data for 2022.
Published values in that edition run from 0 to 29.52.
Gross Capital Formation (% of GDP)World Bank Group · 2025 · world median 22.9322.0722.93No real change since 2015
Thailand: 22.07 · world median 22.93 · Gross capital formation (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -3.679 to 45.27.
Position 75th of 131 · derived, counted from the highest value.
Household ConsumptionWorld Bank Group · 2025 · world median 62.0458.4662.04Moved since 2015
Thailand: 58.46 · world median 62.04 · Household and NPISH final consumption expenditure (% of GDP). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from 25.21 to 133.34.
Position 76th of 131 · derived, counted from the highest value.
Statutory Corporate Income Tax RateOECD · 2026 · world median 242024No real change since 2016
Thailand: 20 · world median 24 · Combined statutory corporate income tax rate, central and sub-central government (%). OECD, 2026 edition, data for 2026.
Published values in that edition run from 0 to 36.13.
Tax Revenue (% of GDP)OECD · 2024 · world median 21.8517.0621.85Moved since 2014
Thailand: 17.06 · world median 21.85 · Total tax revenue, all levels of government (% of GDP). OECD, 2024 edition, data for 2024.
Published values in that edition run from 3.11 to 45.18.
Commodity Export DependenceUNCTAD · 2024 · world median 67.1728.6367.17No real change since 2014
Thailand: 28.63 · world median 67.17 · Commodity exports (% of merchandise exports, three-year average). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.
Published values in that edition run from 4.605 to 99.77.
Terms of Trade IndexUNCTAD · 2025 · world median 103.2388.75103.23Moved since 2015
Thailand: 88.75 · world median 103.23 · Terms of trade index (2015 = 100). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 38.2 to 1,448.
Price Level of Household ConsumptionGGDC · 2023 · world median 0.5230.3110.523Moved since 2013
Thailand: 0.311 · world median 0.523 · Price level of household consumption (US output price level in 2021 = 1). Groningen Growth and Development Centre (GGDC), 2023 edition, data for 2023.
Published values in that edition run from 0.177 to 65.54.
Inflation, GDP DeflatorWorld Bank Group · 2025 · world median 3.306-0.873.306Moved since 2015
Thailand: -0.87 · world median 3.306 · Annual change in the GDP implicit deflator (%). World Bank Group, 2025 edition, data for 2025.
Published values in that edition run from -7.93 to 227.09.
Export Concentration IndexUNCTAD · 2025 · world median 0.3060.0840.306Moved since 2015
Thailand: 0.084 · world median 0.306 · Export concentration index (0–1, normalised Herfindahl–Hirschman). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.
Published values in that edition run from 0.059 to 0.933.
No current reading for Thailand
Business Ready: Operational Efficiency, Business Ready: Public Services, Business Ready: Regulatory Framework, Creative Services Exports and GNI per Capita (PPP) (last 2021). Listed rather than hidden, so the page can be checked against it.
“Position · derived” is this site’s ordering of the published values, 1st = best unless the row says otherwise; the publisher ranks no country on it. Rank, position and standing
05Country Index 2026
Economy & Innovation among Thailand’s 15 topics
Economy & Innovation is Thailand’s 4th best-placed topic of 15. Strongest first, each marker at its share of that topic’s field.
- Mobility & Trade10th of 1774/4 keys
- Poverty & Inequality27th of 1592/3 keys
- Work & Labourjoint 37th of 1824/4 keys
- Economy & Innovation38th of 1764/4 keys
- Digital & Technology55th of 1984/4 keys
- Health & Wellbeing57th of 2004/4 keys
- Governance & Institutions68th of 1944/4 keys
- Development & Human Capital71st of 1963/3 keys
- Education & Knowledge74th of 1984/4 keys
- Food & Agriculturejoint 95th of 1844/4 keys
- Gender & Equalityjoint 95th of 1834/4 keys
- Democracy & Civil Liberties113th of 1984/4 keys
- Risk & Resilience133rd of 1934/4 keys
- Peace & Securityjoint 132nd of 1774/4 keys
- Environment & Sustainabilityjoint 139th of 1864/4 keys
No standing on Energy: too few of those topics’ key statistics are published for this country.
06The top of the list
Who leads on economy & innovation
The three countries placed highest of 176, and the leaders Thailand can most readily be measured against.
1
AustriaWestern Europe
1st of 176 · 4 of 4 keys
Photo: chensiyuan · CC BY-SA 4.0, greyscale
2
JapanEastern Asia
2nd of 176 · 4 of 4 keys
Photo: JurriaanH · CC BY-SA 3.0, greyscale
3
GermanyWestern Europe
3rd of 176 · 4 of 4 keys
Placed highest nearby
Highest in Asia
Japan2nd4/4 keysHighest in South-eastern Asia
Singapore=24th4/4 keysThis page
Thailand38th4/4 keys
Positions out of 176 placed on the topic. A country needs readings on enough keys to be placed, and the top of the list is often held on fewer of them.
07Analysis
Charts and analysis about Thailand and economy & innovation
On economy & innovation
China Leads Global High-Technology Exports
The world’s ten largest high-technology exporters as a treemap, with the rest of the world beside them. Each country’s figure is its own most recent year, between 2022 and 2024.
On economy & innovation
India vs Pakistan 2025: Comparison of Hunger Index, Happiness, HDI, Rule of Law, Literacy & GDP
India and Pakistan on six published measures: hunger, happiness, human development, rule of law, literacy and GDP per capita, each from its own publisher and year.
On economy & innovation
Countries in Asia with the highest average salaries 2024
Thirteen Asian countries by gross average monthly wage, each carrying its WORLD rank rather than an Asian one — so the numbers skip, from 11th place to 45th.
08Questions
Thailand on economy & innovation: questions answered
Every answer is built from the numbers on this page, so none can say something the page does not.
How does Thailand rank on economy & innovation?
Thailand is placed 38th of 176 countries on Economy & Innovation in the Country Index 2026, from 4 of its 4 key statistics (GDP per Capita (PPP), Firms with a Bank Loan or Line of Credit, Economic Complexity Index and Account Ownership at a Financial Institution). The position is this site’s ordering of published statistics, not a rank any publisher printed.
What is the latest GDP per Capita (PPP) figure for Thailand?
22,432 in 2025 (gDP per capita (constant 2021 international $, PPP)), according to World Bank Group. The world median in the same edition was 17,265.
What is the latest Firms with a Bank Loan or Line of Credit figure for Thailand?
45.89 in 2025 (firms with a bank loan or line of credit (%)), according to World Bank Group. The world median in the same edition was 35.95.
How does Thailand compare with Myanmar on economy & innovation?
Myanmar is placed 155th of 176, and Thailand 38th. GDP per Capita (PPP): Myanmar 5,137, Thailand 22,432; Firms with a Bank Loan or Line of Credit: Myanmar 11.33, Thailand 45.89; Economic Complexity Index: Myanmar -0.943, Thailand 0.812.
How have Thailand’s economy & innovation figures changed?
GDP per Capita (PPP) rose from 11,624 in 2000 to 22,432 in 2025; Economic Complexity Index rose from 0.562 in 2000 to 0.812 in 2024; Account Ownership at a Financial Institution rose from 72.67 in 2011 to 91.82 in 2024.
Which economy & innovation statistics are missing for Thailand?
No current reading is published for Thailand on Business Ready: Operational Efficiency, Business Ready: Public Services, Business Ready: Regulatory Framework, Creative Services Exports and GNI per Capita (PPP). They are listed rather than hidden, so the evidence on the page can be checked against it.
09Method
Method, sources and how to cite
What this topic does not measure
The total size of an economy is deliberately left out: a very large economy spread over a very large population is not doing more for each person. Growth rates, trade shares and the structure of output (how much is farming, industry or services) are published here as context, because they describe an economy's shape rather than how well it serves people. Jobs and wages have their own topic, Work & Labour.
How the Economy & Innovation standing is decided
A standing is this site’s ordering, named with its edition — never a publisher’s rank. 4 key statistics vote, one vote each; every country’s published value becomes a place within that key’s own field, the places are averaged, and the average is never published. A country needs 2 of the 4 keys to be placed.
The economy & innovation method, step by stepHow every standing on this site is built
The key statistics and their licences
- GDP per Capita (PPP) — World Bank Group, CC BY 4.0
- Firms with a Bank Loan or Line of Credit — World Bank Group, CC BY 4.0
- Economic Complexity Index — Growth Lab at Harvard University, CC0 1.0
- Account Ownership at a Financial Institution — World Bank Group, CC BY 4.0
The other 65 statistics on this page come from 15 publishers, each named beside its numbers, with every edition and licence on the datasets pages.
The standing itself is part of the Country Index 2026, published under CC BY-SA 4.0.
Photographs
Thailand’s banner and the countries placed highest, from their profiles: Wikimedia Commons, shown in greyscale, each used under the licence named.
- Thailand (banner) — Unknown author, CC BY 3.0
- Austria — chensiyuan, CC BY-SA 4.0
- Japan — JurriaanH, CC BY-SA 3.0
- Germany — dronepicr, CC BY 2.0
Cite this page
Nations Inquiry (2026). Thailand: Economy & Innovation — standing and statistics, Country Index 2026. https://nationsinquiry.com/countries/thailand/economy