Thailand has been named by the International Monetary Fund (IMF) as one of the world’s four largest exporters of AI-related hardware, according to government spokesperson Ratchada Thanadirek. The IMF has also upgraded its outlook for Thailand’s economic growth, saying GDP is expected to expand beyond previous forecasts, supported by government economic stimulus measures, emergency fiscal spending, and strong exports and investment in the technology sector. Get today's headlines by email The announcement was made on 12 July 2026 by Ms Ratchada Thanadirek, spokesperson for the Prime Minister’s Office. She said the IMF’s latest assessment demonstrates that Thailand is making tangible progress towards becoming a global production base for future technologies. According to the IMF, Thailand now ranks alongside Taiwan, Malaysia and South Korea as one of the four largest exporters of AI-related hardware. The improved GDP forecast reflects the combined impact of government stimulus measures, emergency fiscal policies, and continued strength in technology exports and investment. Ms Ratchada said the findings are consistent with the government’s long-term strategy of promoting AI, semiconductors and advanced electronics as key industries to drive Thailand’s economy. The government has accelerated efforts to strengthen the investment ecosystem by expanding digital and energy infrastructure, developing a highly skilled workforce, supporting research and innovation, improving investment facilitation, and establishing the National Semiconductor Policy Committee. She added that these measures are intended to position Thailand as an important manufacturing base and supply chain hub for the global technology industry. The government believes the strategy will strengthen the country’s competitiveness while attracting further international investment. Thailand is also taking an active role in international cooperation on the development and governance of artificial intelligence. The government supports AI development that is people-centred, transparent and based on good governance, while balancing innovation with the protection of citizens’ rights. Officials believe this approach will increase investor confidence and improve Thailand’s competitiveness in the digital economy. ThaiRath reported that Ms Ratchada said the government will continue promoting investment in future industries to convert opportunities created by the global growth of AI into new investment, quality employment, technology transfer and higher incomes for Thai people. She said the long-term goal is to transform Thailand from a traditional electronics manufacturing base into a regional centre for AI and semiconductor industries, providing a foundation for stable and sustainable economic growth. Picture courtesy of ThaiRath Join the discussion? 13 July 2026
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