The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Thailand  
Rank: 29 · Score: 66.3  

Basic facts, 2020        
Population (millions) 69.8   IPOs and pulic issues (quartile) Top
GDP (US$ billions) 501.7   M&A volume (quartile) Top
GDP per capita (US$) 7,187.2   Venture capital investments (quartile) Top
GDP growth (per cent) -6.1   Private equity investments (quartile) 3rd
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 29 92, 93, 93, 94, 96 66.3
1 Economic Activity 16 113, 115, 116, 115, 109 86.2
2 Depth of Capital Market 19 107, 106, 106, 106, 106 77.0
3 Taxation 62 75, 73, 70, 63, 63 95.3
4 Investor Protection and Corporate Governance 46 70, 70, 69, 82, 79 75.0
5 Human and Social Environment 68 63, 63, 66, 63, 57 30.3
6 Entrepreneurial Opportunities 32 88, 88, 90, 91, 93 65.2


 
Historic performance, 2017-2021   Key driver performance, 2021
 

   
VC/PE Rank  
VC Rank  
PE Rank
Thailand  
Asia
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
Malaysia 84.2 80.1 98.0 96.6 42.9 72.7
Taiwan 85.5 82.2 103.7 87.1 52.1 55.4
India 92.5 85.4 95.3 75.8 43.7 58.8
Thailand 86.2 77.0 95.3 75.0 30.3 65.2
Russian Federation 88.3 71.7 91.4 62.3 36.7 69.6
Indonesia 89.2 76.3 76.1 54.7 28.4 47.7
Vietnam 85.2 71.9 96.3 51.2 27.3 50.4
Last updated: 21 Jun 2021