Role of Digital Economy to Economic Development in Thailand

Abstract

This research examines the role of the digital economy in supporting economic development in Thailand. Using a qualitative method with a case study approach, the study identifies how Thailand has adopted a strategic framework known as the 5-E strategy, which consists of e-Government, e-Industry, e-Commerce, e-Education, and e-Society. Digital technology plays a vital role in both daily life and national economic activities, serving as a foundation for innovation and modernization. The government’s digital economic policy focuses on advancing key sectors such as the automotive and electronics industries, medical tourism, smart healthcare services, and agriculture through the use of automated and intelligent machinery. These initiatives aim to accelerate digital transformation and promote sustainable economic growth. The study emphasizes the importance of integrating economic policy, political strategy, and technological innovation to drive the digital economy effectively. Thailand’s experience provides valuable insights for other ASEAN countries, particularly Indonesia, as a practical reference for optimizing the digital economy to enhance national development. This case highlights how a structured and inclusive digital strategy can strengthen a country's economic resilience and global competitiveness in the digital era.