IMD rated Thailand’s competitiveness, ranked 30, improving in many factors. to draw investment
Mr. Anucha Burapachaisri Deputy Secretary-General to the Prime Minister for Political Affairs Acting as a spokesman for the Prime Minister’s Office, revealed that the Prime Minister acknowledged the results of the country’s competitiveness rankings. By the International Institute of Management (IMD) for the year 2023, Thailand was ranked 30th, an increase of 3 places from the previous year.
The results of the ranking of the main factors in all 4 groups are as follows:
1) Economic performance, ranked 16, improved by 18 places (in 2022, ranked 34th).
2) Public Sector Efficiency, ranked 24, improved 7 places (Year 2022, ranked 31st)
3) Business Efficiency, ranked 23rd, improved 7 places (in 2022, ranked 30th) and
4) Infrastructure, rank 43, improved 1 rank (in 2022, rank 44)
IMD has ranked the competitiveness of 64 economies around the world. Overall, Thailand improved in all rankings. From the results of the ranking of all 4 main factors, but there are sub-factors in education. health and environment and science that rank dropped When considering this year’s ranking results It can be seen that Thailand has developed well “Economic Performance” The ranking has moved up 18 places, being the best ranking in the past 3 years. It is believed that the main reason is due to all sub-factors. both in the domestic economy International trade, investment, employment and price levels have improved. As a result, Thailand’s economic performance ranking has improved significantly.
“The Prime Minister welcomes Improved ranking results in 4 main factors regarded as the most important encouragement in work especially economic performance reflecting the direction of policy implementation appropriate to the government situation to strengthen the country’s capacity Upgrading high performance manpower Including developing the country in a balanced way toward sustainability. To strengthen the armor for the country to be ready for the challenges that may arise in the future, ”said Mr. Anucha
Source: Thai News Agency
