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    Thailand

    Tier 1
    Southeast Asia · #47 of 117 markets · IEPA 2024 (final) · 2026 current estimate available
    61.5▲ +0.8 YoY
    ●●●0.91IEPA COMPOSITE

    Thailand scores 61.5 out of 100 on the IEPA (2024 edition), ranking #47 of 117 economies. That is up 0.8 points on the year before. Its strongest zone is Prosperity Outcomes at 67.3. Its binding constraint, the lowest-scoring of its six zones, is Alignment at 51.5. How the IEPA works →

    SIX FACTORS · CLICK ANY SCORE FOR ITS EVIDENCE
    IEPA TRAJECTORY · 2010–2026
    201120132015201720192021202320264852566064
    CAPITAL FLOWS · FDI NET INFLOWS % OF GDP
    2010201120122013201420152016201720182019202120232025-20246
    IE FDI intelligence · synced weekly
    PRODUCTIVE CAPABILITY
    IE COMPLEXITY LAYER · VINTAGE 2024
    #33of 145 ranked economies▲ 4 places since 2010
    How much productive know-how this market has demonstrated, read from the range and rarity of what it makes competitively.
    20102011201220132014201520162017201820192020202120222023202427313541
    CAPABILITY RANK · HIGHER IS BETTER
    3.88% / yr
    Implied growth
    Annual growth the current capability base points to.
    297
    Diversity
    Distinct products made at competitive scale.
    +0.81
    Capability score
    Standardized: 0 is the world average.
    +1.52
    Outlook
    Value of the new products within reach of what it already does.
    INDUSTRY STRENGTHS · REVEALED FROM TRADE EVIDENCE
    VINTAGE 2022-2024
    POSITION IN THE PRODUCT SPACE
    IE COMPLEXITY LAYER · VINTAGE 2024
    Electronic and Electrical Goods30 of 73 made · 70% of the rest within reach
    Textile and Home Goods24 of 78 made · 69% of the rest within reach
    Construction, Building, and Home Supplies29 of 104 made · 61% of the rest within reach
    Metalworking and Electrical Machinery and Parts39 of 155 made · 73% of the rest within reach
    Industrial Chemicals and Metals37 of 157 made · 43% of the rest within reach
    Agriculture40 of 200 made · 64% of the rest within reach
    Minerals8 of 48 made · 53% of the rest within reach
    Textile Apparel and Accessories3 of 50 made · 23% of the rest within reach
    MADE COMPETITIVELYONE STEP AWAY
    Widest opening is Metalworking and Electrical Machinery and Parts. This market makes 25% of that cluster today, and 73% of what it does not make sits one step from something it already does.
    Textile Apparel and Accessories is the furthest: 6% made, and only 23% of the rest is within one step. A move there means building capability rather than extending it.
    READ ON THE 210 OF 297 COMPETITIVE PRODUCTS THAT CARRY A POSITION IN THE CAPABILITY MAP
    POSITIONED TO BUILD NEXT
    IE COMPLEXITY LAYER · VINTAGE 2024
    Instruments for measuring electricityENERGY TRANSITION$34B world market
    Electronics & SemiconductorsOPENS 0.34 · COMPLEXITY +1.01
    Chemical elements for electronics$15B world market
    Chemicals & PlasticsOPENS 0.32 · COMPLEXITY +1.82
    Apparatus and equipment for photographic laboratories, n.e.c.$49B world market
    Electronics & SemiconductorsOPENS 0.29 · COMPLEXITY +1.95
    Electronic integrated circuits$630B world market
    Electronics & SemiconductorsOPENS 0.29 · COMPLEXITY +1.53
    Tapes, cassettes, records and compact disks$20B world market
    Electronics & SemiconductorsOPENS 0.25 · COMPLEXITY +1.33
    Electrical apparatus for < 1k volts$109B world market
    Machinery & Industrial EquipmentOPENS 0.24 · COMPLEXITY +0.70
    THE NEAREST OPTIONS AMONG 338 PRODUCTS ASSESSED · RANKED BY HOW MUCH EACH OPENS UP NEXT
    LIVE SIGNALS
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    PEERS · TIER 1
    🇻🇳Vietnam58.4→🇸🇦Saudi Arabia59.8→🇹🇷Turkey52.0→🇲🇦Morocco51.5→
    ECOSYSTEM DENSITY
    IE Ecosystem Registry · 2026-10-11
    360organizations indexed across 9 types · 352 mapped
    Universities & research bodies
    177
    Health research
    57
    Government bodies
    47
    Research organizations
    30
    SEZ authorities
    26
    Corporate R&D
    9
    Science & tech parks
    8
    Fab labs & makerspaces
    4
    company
    2
    Universities, corporate R&D, government bodies, incubators, accelerators, science parks, and special economic zones, indexed today.Explore the directory →
    ORGANIZATIONS
    a sample of 360 indexed
    Prince of Songkla University Science Park
    Science & tech parks · Thungyai Hatyai
    Kaeng Khoi Industrial Estate
    SEZ authorities · Bangkok · 1990
    Bangchan Industrial Estate
    SEZ authorities · Bangkok · 1972
    Mahidol University
    Universities & research bodies · Bangkok · 1943
    Rajamangala University of Technology Lanna
    Universities & research bodies · Chiang Mai · 2005
    Exeltis Thailand (Thailand)
    Corporate R&D · Bangkok
    Besins Healthcare (Thailand)
    Corporate R&D · Bangkok · 1885
    The Dementia Association of Thailand
    Research organizations · Bangkok
    UNICEF East Asia and Pacific Regional Office
    Research organizations · Bangkok · 1948
    Rajavithi Hospital
    Health research · Bangkok · 1951
    Udon Thani Hospital
    Health research · Udon Thani · 1997
    Members get the full directory, filters, and exports.See all 360 organizations →

    Thailand: common questions

    What is Thailand's IEPA score?
    Thailand scores 61.5 out of 100 on the IEPA, 2024 edition, which ranks it #47 of 117 economies.
    What is Thailand's strongest zone?
    Prosperity Outcomes, at 67.3. The six zones are scored separately, so a market's strengths stay visible instead of being averaged away.
    What is holding Thailand back?
    Its binding constraint is Alignment, at 51.5, the lowest of its six zones. The IEPA reports every zone separately so the constraint stays visible instead of being averaged into the composite.
    How does Thailand compare with its peers?
    The closest scored peers are Vietnam (58.4), Saudi Arabia (59.8), Turkey (52.0), Morocco (51.5).
    What is the IEPA?
    The Innovation Ecosystem Prosperity Assessment (IEPA) scores economies across six zones: innovation capacity, entrepreneurship capacity, resilience, alignment, the FDI accelerator, and prosperity outcomes. Every score carries a confidence band and traces to the evidence behind it.
    Run the full diagnostic →Talk to IE about Thailand →