Thailand’s digital competitiveness ranking has improved by five places, reaching the 35th position out of 64 economic territories, according to the Institute for Management Development’s (IMD) World Digital Competitiveness Ranking (WDCR) 2023.
Key Takeaways
- Thailand’s digital competitiveness ranking has improved by five places, reaching 35th position out of 64 economic territories, due to advancements in technology, knowledge, and future readiness factors.
- Among ASEAN nations, Thailand ranks third after Singapore and Malaysia, while globally, Singapore secures the third spot and Malaysia ranks 33rd.
- The top 10 economies in the ranking are considered “digital nations” that have embraced comprehensive adoption of digital technologies, including AI, and there is an increasing focus on cybersecurity as well.
Thailand ranked third among other ASEAN nations, following Singapore and Malaysia. On a global scale, Singapore secured the third position, while Malaysia ranked 33rd. Indonesia saw a rise of six places, reaching 45th, whereas the Philippines dropped three places to 59th.
The improvement is attributed to advancements in technology, knowledge, and future readiness. Singapore and Malaysia are the top two ASEAN nations, while the United States leads globally.
The report emphasizes the importance of AI in digital competitiveness and highlights the increasing focus on cybersecurity. Thailand aims to enhance AI technology while prioritizing cybersecurity and privacy protection.
Now in its seventh year, the IMD World Digital Competitiveness Ranking, produced by the IMD World Competitiveness Center, measures the capacity and readiness of 64 economies to adopt and explore digital technologies as a key driver for economic transformation in business, government and wider society.
Based on a mixture of hard data and survey replies from business and government executives, the digital rankings help governments and companies to understand where to focus their resources and what might be best practices when embarking on digital transformation.
