Thailand’s world-class infrastructure connects the region through air, land, sea and rail. The country is pursuing Thailand 4.0, a value-based, innovation-driven digital economy model.
Internet penetration rate
Mobile penetration rate
1. United States
2. Mainland China
5. Hong Kong SAR
1. Mainland China
3. United States
Note: Based on 2020 data
Thailand Plus, a stimulus package introduced to attract FDIs, offers tax incentives, tax deduction for STEM developments and development of new special investment zones.
BOI Investment Incentive Scheme
|Bio and medical industries||EEC 3 provinces|
|Advanced manufacturing||SEZ 10 provinces|
|High-value business and service||Southern Border|
|Creative and digital industries||Industrial Estates/Zones|
|Biotechnology||Research & Development (R&D)|
|Nanotechnology||Support academic/research institutes|
|Advanced material technology||Advanced technology training|
Investment benefits on Eastern Economic Corridor (EEC)
World Economic Outlook (October 2021); World Bank; UNESCO Institute of Statistics; International Labour Organization: Global Wage Report 2020–21: Wages and minimum wages in the time of COVID-19; Asian Development Bank; Thailand Board of Investment (BOI), The Revenue Department of Thailand
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Southeast Asia’s largest economy and the world's fourth most populous country.
Export-driven economy strategically located at the heart of Southeast Asia.
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