Capital: Bangkok
Manufacturing powerhouse for autos and electronics, regional tourism and agri-export leader.
How Thailand scores on the six Execution Economics pillars: institutions, capital, infrastructure, talent, technology and trust. Country scorecards are published progressively as research is completed.
The Thailand Board of Investment approved investment applications totaling 26.9 billion baht for several projects, including data centers and manufacturing facilities.
Thailand’s cabinet approved submission of the upgraded ASEAN-China Free Trade Agreement protocol to the legislature for ratification.
Thailand is accelerating negotiations for a free-trade agreement with the European Union to mitigate risks and reduce reliance on the US market amid tariff uncertainties.
Thailand reports $45.03 billion in bilateral trade with the EU, representing a 3.44 percent year-on-year increase, with Thai exports accounting for $26.4 billion of the total.