Thailand's ranking up 6 places to 31st

WEDNESDAY, SEPTEMBER 03, 2014
Thailand's ranking up 6 places to 31st

Despite its prolonged political crisis, Thailand advances six places to 31st position among 144 economies included in the World Economic Forum's Global Competitiveness Report 2014-2015.

Thailand gradually moved up from 39th in 2011-2012, to 38th in 2012-2013, and 37th in 2013-2014 rankings.
 
The Report’s Global Competitiveness Index (GCI) showed that Switzerland maintains the No.1 ranking for six years in a row. It is followed by Singapore, the United States, Finland, Germany, Japan, Hong Kong and the Netherlands, the United Kingdom and Sweden.
 
Japan, China and the five largest Asean economies have all improved their economic competitiveness over the past twelve months, according to the report.
The Nation