Thailand’s digital economy is projected to grow by 5.7% this year, according to officials. This growth is attributed to the effective implementation of digital economy policies. The growth in Thailand’s digital economy was measured using chained volume measures (CVM), which showed growth more than two-fold higher than the overall 2.2% GDP growth. Exports of digital goods and services are projected to grow by 17.2%.
The broad digital GDP this year is estimated to reach 4.44 trillion baht, representing a 5.7% increase from the previous year. Private sector digital investments expanded by 2.8% from last year, and government digital investments grew by 4.5%. Private consumption in the digital economy increased by 5.6%, while government consumption rose by 11.4%. The top-performing digital industries this year were digital content and telecom.
