Bangkok: Thailand's economic base in the ASEAN region continues to show strength, with the World Bank projecting a significant increase in the country's Gross National Income (GNI) by 2025. The government is taking active steps to leverage the Economic and Social Development Council (ESDC) mechanism to drive further growth.
According to Thai News Agency, recent data from the World Bank indicates that Thailand's GNI is expected to reach US$562,095 million by 2025, marking an increase of approximately US$49,606 million from 2024. This projection places Thailand among the top ASEAN countries in terms of GNI, underscoring its robust economic foundation.
GNI, which encompasses the total income earned by a country's citizens and businesses, serves as a critical indicator of economic development. It reflects the overall economic income derived from employment, production, business operations, and both domestic and foreign investments.
The World Bank's 2025 projections highlight Thailand's position as the second-highest GNI in ASEAN, following Indonesia with a projected GNI of US$1,407,196 million. Other countries in the region with notable GNI values include the Philippines, Singapore, and Vietnam, each reflecting the dynamic economic landscape of the ASEAN community.
Spokesperson for the Prime Minister's Office, Ms. Ratchada Thanadirek, emphasized that these figures illustrate Thailand's sustained economic strength, supported by sectors such as manufacturing, services, tourism, agricultural food, infrastructure, and logistics. The country's industries, including automotive, electronics, healthcare, and supply chains, are integrally linked to the broader ASEAN economy, further bolstering its economic base.