Thailand and ADB

In the Spotlight

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

Since the late 1990s, economic growth 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. In July 2014, Thailand approved a long-term Infrastructure Development Plan to boost the country’s competitiveness, by improving and expanding its logistics and transport networks.

ADB's country partnership strategy for Thailand provides the flexibility to respond to the country’s needs and priorities through sovereign and nonsovereign support.

Thailand is a member of the Greater Mekong Subregion (GMS). It is also part of the Indonesia–Malaysia–Thailand Growth Triangle (IMT–GT) subregional program.


Latest

  • Article 26 Apr 2017

    The Association of Southeast Asian Nations (ASEAN): 12 Things to Know

    Here are 12 things to know about the economic potential of the Association of Southeast Asian Nations (ASEAN).
  • Publication 24 Apr 2017

    Asian Development Bank and Thailand: Fact Sheet Asian Development Bank and Thailand: Fact Sheet

    ADB stands ready to assist Thailand in its vision to create a value-based economy founded on creativity, innovation, and intellect.
  • Publication 03 Apr 2017

    ADB and Thailand: A Development Partnership toward Inclusive Growth ADB and Thailand: A Development Partnership toward Inclusive Growth

    ADB has supported Thailand’s economic transformation by investing nearly $8 billion over the course of 50 years’ partnership.