Nation Thailand
Thailand Targets Top 20 Global Ranking in 12-Year High-Income Push
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Deputy PM Ekniti Nitithanprapas targets 3% potential GDP growth and TOP 20 global competitiveness as Thailand pivots away from legacy industries.
Key facts
- Deputy Prime Minister and Minister of Finance Ekniti Nitithanprapas has set out a strategic roadmap to propel Thailand into high-income status within 12 to 15 years, pivoting the economy away from legacy manufacturing toward high-tech
- Speaking on Tuesday at the Fiscal Policy Office’s Annual Academic Symposium 2026 (FPO Symposium 2026) under the theme FPO's New Horizons: Data in Depth, Reshape Fiscal Policy, Ekniti outlined the government's medium-to-long-term economic
- As reported by Krungthep Turakij, the Finance Minister emphasised that under the administration's four-year term, short-term benchmarks will focus on raising potential gross domestic product (GDP) growth above 3 per cent, up from the
- To achieve this, the Ministry of Finance aims to boost total public and private investment to 30 per cent of GDP—up from 23 per cent—with targeted funding directed into modern infrastructure and workforce development.
Summary
Deputy Prime Minister and Minister of Finance Ekniti Nitithanprapas has set out a strategic roadmap to propel Thailand into high-income status within 12 to 15 years, pivoting the economy away from legacy manufacturing toward high-tech growth industries.
Speaking on Tuesday at the Fiscal Policy Office’s Annual Academic Symposium 2026 (FPO Symposium 2026) under the theme FPO's New Horizons: Data in Depth, Reshape Fiscal Policy, Ekniti outlined the government's medium-to-long-term economic priorities.