Developing Asia Fastest Growing Region

Developing Asia remains the fastest growing region globally despite slower-than-expected growth in major industrial countries as key economies move ahead with structural reforms, says a new ADB report. Read More

Asian Bond Markets Remain Strong Despite Rising Risks

US rate hike, a slowing property market in the People’s Republic of China and tension in the Middle East pose growing risks for region's bond markets, says latest Asia Bond Monitor. Read More

Cooperation Fund for Fighting HIV/AIDS in Asia and the Pacific Regional Conference

The conference will bring together stakeholders of the Cooperation Fund for Fighting HIV/AIDS to review the effectiveness and outcomes of the projects supported by the Fund. Read More

A Broader View of Asian Poverty

Food insecurity and economic vulnerability should be included in a broader definition of poverty that could help policymakers develop more effective approaches, says new ADB report. Read More

Overview

Thailand recently crossed into upper middle-income status, with the aspiration of progressing to a higher-income status. Economic growth, however, has been slower and more variable since the late 1990s due to global economic shocks, natural disasters, sociopolitical tensions, and relatively low investment.

With its position and size as the second largest economy in the Association of Southeast Asian Nations (ASEAN) and the Greater Mekong Subregion (GMS), Thailand can play a significant role in promoting regional cooperation and integration.

ADB support will respond to the government’s particular interest in ADB expertise to help catalyze knowledge, leverage private sector finance, and promote regional cooperation and integration.

Fast Facts

64.62 (2013)
Population in millions

0.4% (2008-2013)
Average annual population growth rate

13.2% (2011)
Population living below the national poverty line

Proposed Projects

There are no proposed projects at this time.

ADB Lending

Amount ($M) / %
Sector (No. of loans)
412.21 / 6.43
Agriculture (10)
 
160.72 / 2.51
Education (5)
 
2,313.35 / 36.09
Energy (35)
 
1,044.50 / 16.30
Finance (12)
 
500.00 / 7.80
Health (1)
 
90.46 / 1.41
Industry and Trade (3)
 
1.38 / 0.02
Multisector (1)
 
1,291.60 / 20.15
Transport and ICT (18)
 
595.00 / 9.28
Water Supply (9)
 
6,409.22 / 100.00
TOTAL (94)
Cumulative as of 31 December 2013