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Bangkok Post
Bangkok Post
Business

Thailand moves up competitiveness table

Thailand IMD
Drivers navigate the perpetually under-construction Rama II Road in Bangkok. Infrastructure remains the weakest of the four main pillars used to calculate Thailand’s competitiveness rankings. (Bangkok Post File Photo)

Thailand has improved by three places to 30th in the World Competitiveness Ranking released on Tuesday by the International Institute for Management Development (IMD).

The country improved in the four main indicators used to compile the rankings, though infrastructure remained its weak link. The Economic Performance ranking improved to 16th from 34th in 2022, Government Efficiency to 24th from 31st, Business Efficiency to 23rd from 30th, and Infrastructure to 43rd from 44th.

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