Thailand and ADB

In the Spotlight

Overview

With its strategic geopolitical position and significance as the second largest economy in the Association of Southeast Asian Nations (ASEAN), Thailand plays a major role in promoting regional cooperation and integration. Having attained upper middleincome status, the country aspires to reach higher-income status within the next 2 decades.

However, since the late 1990s, economic growth in Thailand has been impeded by global economic shocks, natural disasters, sociopolitical tensions, and relatively low investment. Other challenges to growth have included persistent inequality, environmental degradation, and an aging population.

The ADB country partnership strategy, 2013-2016 for Thailand provides the flexibility to respond to the country’s needs and priorities by blending sovereign and nonsovereign support.

Fact Sheet


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Funding Information


Fast Facts

67(2014) Population in millions

0.4%(2009-2014) Average annual population growth rate

12.6%(2012) Population living below the national poverty line

Download 2015 Basic Statistics