India vs Thailand
A data-driven side-by-side: investment score, economy, business climate, political stability, and tax — to help you decide where to invest, incorporate, or relocate.
Overall: Thailand ranks higher
Thailand scores 64/100 on our composite investment index, ahead of India at 61/100. This blends economic strength, political stability, business climate, financial maturity, and growth outlook. Read the breakdown below to see where each country actually leads.
Category breakdown
65
Economic strength
65
48
Political stability
Thailand leads
52
58
Business climate
Thailand leads
68
55
Financial maturity
Thailand leads
72
90
Growth outlook
India leads
62
Macro snapshot
3,730
GDP (USD bn)
+3215.0 bn
515
6.8%
GDP growth (%)
+4.3 pp
2.5%
$2,600
GDP per capita (USD)
-4700.0
$7,300
4.8%
Inflation (%)
+3.6 pp
1.2%
1.6%
FDI (% of GDP)
-1.2 pp
2.8%
82%
Public debt (% of GDP)
+20.0 pp
62%
1,440
Population (M)
+1368.0M
72
India — strong sectors
- Technology (IT Services)8.0% of GDP95
- Financial Services6.0% of GDP82
- Pharmaceuticals2.0% of GDP80
- Manufacturing13.0% of GDP70
Thailand — strong sectors
- Tourism12.0% of GDP85
- Automotive7.0% of GDP78
- Electronics15.0% of GDP75
- Agriculture8.0% of GDP68
Frequently asked
Which is better for investment: India or Thailand?
Our composite investment index gives India a score of 61/100 and Thailand a score of 64/100. Thailand ranks higher overall, but the right answer depends on your sector and risk tolerance — see the category breakdown above.
Is India a safer market than Thailand?
Risk classification puts India as moderate (Growing economy with manageable risks - suitable for diversified portfolios) and Thailand as moderate (Growing economy with manageable risks - suitable for diversified portfolios).
Which has higher GDP growth: India or Thailand?
India is currently growing at 6.8% per year, vs 2.5% for Thailand. India has the faster headline growth rate today.