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Thailand rises to 26th in IMD competitiveness ranking, but Vietnam closes gap

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Thailand rises to 26th in IMD competitiveness ranking, but Vietnam closes gap

Thailand has climbed four places to 26th out of 70 economies in the IMD World Competitiveness Ranking 2026, but the improvement masks deeper structural weaknesses in productivity, education, technology and governance, while Vietnam’s debut at 27th place puts fresh pressure on Thailand to accelerate reforms.

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Summary

The Thailand Management Association, or TMA, through its Centre for Competitiveness, said the latest ranking by the World Competitiveness Center under Switzerland’s International Institute for Management Development reflected an improvement in Thailand’s business sector and infrastructure.

However, the association warned that the country still faces major long-term challenges, particularly in productivity, education, technology readiness, artificial intelligence capability and the effectiveness of public-sector governance.

Read full article at Nation Thailand →