Thailand eyes faster growth after World Bank confirms strong GNI gains

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Rachada Dhnadirek highlights new World Bank figures showing Thailand remains ASEAN’s second-largest economy by Gross National Income, with continued efforts to drive investment and long-term growth.

BANGKOK, Thailand – The latest World Bank data revealed that Thailand remains among ASEAN’s largest economies by Gross National Income (GNI). According to the 2025 figures, Thailand’s GNI reached 562.09 billion US dollars, an increase of nearly 50 billion US dollars from 512.48 billion US dollars in 2024, placing the country second in ASEAN, behind Indonesia. Government Spokesperson Rachada Dhnadirek said the figures represent the breadth of Thailand’s economy, with contributions from manufacturing, services, tourism, agriculture, food production, infrastructure, logistics, the automotive industry, electronics, healthcare, and regional supply chains. She added that the government is continuing efforts to generate new economic momentum through investment, clean energy, digital industries, semiconductors, trade, services, the wellness economy, and other high-value sectors.



The central administration is also working with the private sector through the Joint Public-Private Committee on Economic Problem Solving, which held its first meeting on June 22 and is scheduled to convene again on July 8. The committee will review proposals from the private sector, address economic bottlenecks, and monitor progress on priority measures. During its first meeting, the committee approved in principle the establishment of four subcommittees covering national investment, trade and tourism, human resources and technology development, and business facilitation. Each subcommittee is chaired by a deputy prime minister responsible for the respective portfolio and will report on progress as the government works to accelerate economic growth and improve the country’s competitiveness. (NNT)