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Friday, May 3, 2024

Digital economy continues its forward march

Putchapong Nodthaisong, secretary-general of the Office of the National Digital Economy and Society Commission (ONDE-Thailand), said this week that Thailand’s digital economy GDP in 2022 grew by 3.49% compared to the 4.44 billion baht the previous year. This growth was the result of the improving situation following the pandemic, leading the overall economy to return to a state of normalcy and resulting in the expansion of the digital economy.

As part of the “Digital Contribution to GDP” project to measure economic growth through the analysis of digital technology-induced aggregate product within the country, a framework was established to measure the value of the digital economy. This was done using the GDP measurement methodology of the country, focusing on production, income, and expenditure. The outcomes provide preliminary data for ONDE to understand the overall landscape…

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