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Key information about Thailand Household Income per Capita
In 2023, the average monthly income per household in Thailand amounted to over ****** Thai baht, which was an increase compared to the previous year. The figures show a gradual increase in monthly income throughout the years, with some slight fluctuations.
In 2023, the average monthly income per household in Thailand was highest in Bangkok and the greater Bangkok area, which amounted to approximately ****** Thai baht. In that year, the average monthly income per household across Thailand was over ****** Thai baht. Bangkok is the main urban hub in Thailand, with the highest population density compared to other regions in the country. Income inequality and the migration of workers within the country Income inequality in Thailand is among the highest in Southeast Asia, and particularly high in northeast Thailand. As a result of this factor, people are constantly moving to Bangkok and its vicinity, as well as the Eastern Region with its industries, for better job opportunities and higher wages. In 2023, the number of registered domestic migrations in the country amounted to almost *************. Despite the inequality of income in the country, Thailand has almost no unemployment at all. The employment rate in Thailand has remained steady in the past decade, with less than *** percent of the total population unemployed. Monthly household expenses in Thailand In recent years the disposable incomes of many Thai households have taken a hit. In 2023, the average monthly expenditure per household in Thailand was around ****** Thai baht per month. The monthly household expenditure varies across different regions, with Bangkok and the greater Bangkok area generally having higher expenses compared to other regions in the country. The largest portion of household expenditures are mainly used for food, followed by housing, transportation, and personal expenses. At the same time, Thailand’s household debt has been increasing constantly, reaching more than *********** Thai baht in 2023.
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Thailand Avg Monthly Household Income: Northeastern data was reported at 20,271.000 THB in 2017. This records a decrease from the previous number of 21,094.000 THB for 2015. Thailand Avg Monthly Household Income: Northeastern data is updated yearly, averaging 8,413.500 THB from Dec 1981 (Median) to 2017, with 20 observations. The data reached an all-time high of 21,094.000 THB in 2015 and a record low of 2,512.000 THB in 1981. Thailand Avg Monthly Household Income: Northeastern data remains active status in CEIC and is reported by National Statistical Office. The data is categorized under Global Database’s Thailand – Table TH.H013: Household Socio Economic Survey: Household Income and Expenditure.
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Thailand Avg Monthly Household Income: Greater Bangkok data was reported at 41,897.000 THB in 2017. This records an increase from the previous number of 41,002.000 THB for 2015. Thailand Avg Monthly Household Income: Greater Bangkok data is updated yearly, averaging 25,992.000 THB from Dec 1981 (Median) to 2017, with 20 observations. The data reached an all-time high of 43,058.000 THB in 2013 and a record low of 5,962.000 THB in 1981. Thailand Avg Monthly Household Income: Greater Bangkok data remains active status in CEIC and is reported by National Statistical Office. The data is categorized under Global Database’s Thailand – Table TH.H013: Household Socio Economic Survey: Household Income and Expenditure.
In 2022, the average monthly expenditure per household in the province of Phuket, Thailand, amounted to approximately ***** thousand Thai baht. The monthly expenditure per household in Phuket has fluctuated over the years.
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Thailand Avg Monthly Household Income: Central data was reported at 27,042.000 THB in 2017. This records an increase from the previous number of 26,601.000 THB for 2015. Thailand Avg Monthly Household Income: Central data is updated yearly, averaging 12,909.500 THB from Dec 1981 (Median) to 2017, with 20 observations. The data reached an all-time high of 27,042.000 THB in 2017 and a record low of 3,665.000 THB in 1981. Thailand Avg Monthly Household Income: Central data remains active status in CEIC and is reported by National Statistical Office. The data is categorized under Global Database’s Thailand – Table TH.H013: Household Socio Economic Survey: Household Income and Expenditure.
In 2023, the main household income in Thailand came from economically active sources, such as wages and salaries, which amounted to over ****** Thai baht per month. In the same year, the average monthly income in the country reached around ****** Thai baht.
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Disposable Personal Income in Thailand increased to 9560494 THB Million in 2021 from 9330382 THB Million in 2020. This dataset provides - Thailand Households Disposable Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.
According to a survey conducted by Deloitte in 2022 in Thailand, around ** percent of the surveyed households had an average monthly income up to ****** Thai baht. Approximately ** percent of Thai households belonged to the lowest income bracket of ****** Thai baht and less.
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Thailand Household Current Income: % Share: NE: Quintile 5 data was reported at 44.200 % in 2015. This records a decrease from the previous number of 44.600 % for 2013. Thailand Household Current Income: % Share: NE: Quintile 5 data is updated yearly, averaging 44.600 % from Dec 2011 (Median) to 2015, with 3 observations. The data reached an all-time high of 46.800 % in 2011 and a record low of 44.200 % in 2015. Thailand Household Current Income: % Share: NE: Quintile 5 data remains active status in CEIC and is reported by National Statistical Office. The data is categorized under Global Database’s Thailand – Table TH.G042: Household Income & Assets Statistics.
Thailand’s middle class is currently emerging, and it is forecasted that around ** percent of the households will earn at least *** thousand Thai Baht by 2020. And yet, Thailand is seen as a country with huge income inequality. By 2020 the number of millionaires (in U.S. dollars) will reach ** thousand . The development of income inequality in ThailandThe differences in income seen in Thailand today are the result of a long-term political and economic process from which, until recently, only leading households in urban areas benefited from. However, in doing so, the government was highly successful in continuously fueling economic growth. Even though the banking- and export sectors developed and grew from the 1960s up to the early 1990s, the majority of the population was still working in agriculture. In 1997, however, Thailand was badly hit by the Asian crisis, resulting in a further rise of the poverty rate. Political leaders were thus forced to implement reforms supporting the low-income households, and a series of social reforms such as the introduction of a healthcare plan and affordable housing followed. While these reforms sometimes resulted in an improvement of living standards, most had the unfortunate consequence of increasing corruption in the public sector.
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Thailand Avg Monthly Household Income: Southern data was reported at 26,913.000 THB in 2017. This records an increase from the previous number of 26,286.000 THB for 2015. Thailand Avg Monthly Household Income: Southern data is updated yearly, averaging 11,323.500 THB from Dec 1981 (Median) to 2017, with 20 observations. The data reached an all-time high of 27,504.000 THB in 2013 and a record low of 3,256.000 THB in 1981. Thailand Avg Monthly Household Income: Southern data remains active status in CEIC and is reported by National Statistical Office. The data is categorized under Global Database’s Thailand – Table TH.H013: Household Socio Economic Survey: Household Income and Expenditure.
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Thailand Monthly Income per Capita: Central data was reported at 9,607.000 THB in 2017. This records an increase from the previous number of 9,601.000 THB for 2015. Thailand Monthly Income per Capita: Central data is updated yearly, averaging 3,687.000 THB from Dec 1981 (Median) to 2017, with 20 observations. The data reached an all-time high of 9,607.000 THB in 2017 and a record low of 852.000 THB in 1981. Thailand Monthly Income per Capita: Central data remains active status in CEIC and is reported by National Statistical Office. The data is categorized under Global Database’s Thailand – Table TH.H013: Household Socio Economic Survey: Household Income and Expenditure.
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Key information about Thailand Monthly Earnings
The statistic presents the results of a survey conducted in 2016 about the average monthly household expenditure based on monthly household income. The survey revealed that households with an income above ****** Thai baht had an annual average expenditure of ****** Thai baht.
In 2023, the average monthly expenditure per household was highest in Bangkok and the greater Bangkok area, amounting to approximately ****** Thai baht. Other regions in Thailand with the highest average household spending also include the central region and the southern region.
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Thailand Monthly Expenditure per Capita: Greater Bangkok data was reported at 12,199.000 THB in 2017. This records an increase from the previous number of 11,435.000 THB for 2015. Thailand Monthly Expenditure per Capita: Greater Bangkok data is updated yearly, averaging 5,899.000 THB from Dec 1981 (Median) to 2017, with 17 observations. The data reached an all-time high of 12,199.000 THB in 2017 and a record low of 1,366.000 THB in 1981. Thailand Monthly Expenditure per Capita: Greater Bangkok data remains active status in CEIC and is reported by National Statistical Office. The data is categorized under Global Database’s Thailand – Table TH.H013: Household Socio Economic Survey: Household Income and Expenditure.
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Thailand Avg Monthly Household Expenditure: Greater Bangkok data was reported at 33,126.000 THB in 2017. This records an increase from the previous number of 32,091.000 THB for 2016. Thailand Avg Monthly Household Expenditure: Greater Bangkok data is updated yearly, averaging 21,716.000 THB from Dec 1981 (Median) to 2017, with 25 observations. The data reached an all-time high of 33,126.000 THB in 2017 and a record low of 5,737.000 THB in 1981. Thailand Avg Monthly Household Expenditure: Greater Bangkok data remains active status in CEIC and is reported by National Statistical Office. The data is categorized under Global Database’s Thailand – Table TH.H013: Household Socio Economic Survey: Household Income and Expenditure.
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Thailand Monthly Income per Capita: Northern data was reported at 7,332.000 THB in 2017. This records an increase from the previous number of 6,913.000 THB for 2015. Thailand Monthly Income per Capita: Northern data is updated yearly, averaging 2,892.500 THB from Dec 1981 (Median) to 2017, with 20 observations. The data reached an all-time high of 7,332.000 THB in 2017 and a record low of 704.000 THB in 1981. Thailand Monthly Income per Capita: Northern data remains active status in CEIC and is reported by National Statistical Office. The data is categorized under Global Database’s Thailand – Table TH.H013: Household Socio Economic Survey: Household Income and Expenditure.
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Key information about Thailand Household Income per Capita