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.

Key information about Thailand Monthly Earnings

• Thailand Monthly Earnings stood at 442 USD in Dec 2024, compared with the previous figure of 470 USD in Nov 2024
• Thailand Monthly Earnings data is updated monthly, available from Jan 2001 to Dec 2024, with an average number of 349 USD
• The data reached the an all-time high of 479 USD in Dec 2020 and a record low of 145 USD in Jan 2002

CEIC converts Monthly Earnings into USD. The Bank of Thailand provides Monthly Average Wage in local currency based on ISIC Rev. 4. Federal Reserve Board average market exchange rate is used for currency conversions. Monthly Earnings prior to January 2011 are based on ISIC Rev. 3.


Further information about Thailand Monthly Earnings

• In the latest reports, Thailand Population reached 66 million people in Dec 2024
• Unemployment Rate of Thailand dropped to 1 % in Dec 2024
• The country's Labour Force Participation Rate dropped to 69 % in Dec 2024

Wages in Thailand increased to 15737.61 THB/Month in the fourth quarter of 2024 from 15715.16 THB/Month in the third quarter of 2024. This dataset provides - Thailand Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Thailand Household Income per Capita

• Thailand Annual Household Income per Capita reached 3,756.344 USD in Dec 2023, compared with the previous value of 3,728.753 USD in Dec 2021.
• Thailand Annual Household Income per Capita data is updated yearly, available from Dec 1981 to Dec 2023, with an averaged value of 1,292.258 USD.
• The data reached an all-time high of 3,756.344 USD in Dec 2023 and a record low of 384.846 USD in Dec 1986.
• In the latest reports, Retail Sales of Thailand grew 0.336 % YoY in Apr 2023.

CEIC calculates Annual Household Income per Capita from Monthly Average Household Income per Capita multiplied by 12 and converts it into USD. National Statistical Office provides Average Household Income per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

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.

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 2023, the average monthly income per household in the province of Phuket, in Thailand, amounted to approximately 41.87 thousand Thai baht. The figures show a gradual increase in monthly income in Phuket throughout the years, with some slight fluctuations.

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.

In 2024, employees in the service and trade sector in Thailand had the highest average monthly salary at over 17,000 Thai baht. The lowest-paying sector in the country in that same year was the agricultural sector, with an average monthly salary of around 8,600 Thai baht.

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.

In 2023, the main household income in Thailand came from economically active sources, such as wages and salaries, which amounted to over 20,000 Thai baht per month. In the same year, the average monthly income in the country reached around 29,000 Thai baht.

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.

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.

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.

The Gross Domestic Product per capita in Thailand was last recorded at 6393.89 US dollars in 2023. The GDP per Capita in Thailand is equivalent to 51 percent of the world's average. This dataset provides - Thailand GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

According to a 2023 survey, the average salary that young people in Thailand expected was around 466.38 thousand Thai Baht per year. This was slightly lower than the previous year, which was about 479 thousand Thai Baht per year.

Thailand Monthly Income per Capita: Southern data was reported at 8,301.000 THB in 2017. This records a decrease from the previous number of 8,741.000 THB for 2015. Thailand Monthly Income per Capita: Southern data is updated yearly, averaging 2,896.000 THB from Dec 1981 (Median) to 2017, with 20 observations. The data reached an all-time high of 8,741.000 THB in 2015 and a record low of 740.000 THB in 1981. Thailand Monthly Income per Capita: 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.

In 2023, the average monthly expenditure per household in Thailand amounted to approximately 23,700 Thai baht. The figures show a gradual increase in average monthly household expenditures, with slight fluctuations during the examined period.