IN Asia, other nations in the region surpassed Thailand when it came to sustainable development and global growth quality.
Thailand’s tourism industry has certainly not lost its charm but when it came to economic growth, Thailand ranked 7th in Asia and 51st worldwide.
Results were based on the Future of Growth Report 2024 published by the Chulalongkorn Business School and WORLD ECONOMIC FORUM.
The yearly report showed Thailand is falling behind when it comes to sustainability development but ranked highest in the innovativeness category.
The survey analyzed 107 countries around the world. Sweden, Switzerland, Finland, Denmark, and the Netherlands topped the charts.
Thai Prime Minister Srettha Thavisin’s political party Pheu Thai has promised voters it will grow the economy by 5% each year during its term–a level not achieved since 2012.
