In 2023, **** percent of the Thai population lived below the poverty line, a decline from the previous year. The poverty line is the minimum amount of income needed for day-to-day necessities.

Thailand: Poverty, percent of population: The latest value from 2022 is 5.4 percent, a decline from 6.3 percent in 2021. In comparison, the world average is 23.73 percent, based on data from 51 countries. Historically, the average for Thailand from 1988 to 2022 is 22.82 percent. The minimum value, 5.4 percent, was reached in 2022 while the maximum of 65.2 percent was recorded in 1988.

Poverty headcount ratio at national poverty lines (% of population) in Thailand was reported at 5.4 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Thailand - Poverty headcount ratio at national poverty line (% of population) - actual values, historical data, forecasts and projections were sourced from the World Bank on February of 2026.

TH: Income Share Held by Highest 10% data was reported at 28.400 % in 2015. This records a decrease from the previous number of 28.700 % for 2014. TH: Income Share Held by Highest 10% data is updated yearly, averaging 32.500 % from Dec 1981 (Median) to 2015, with 21 observations. The data reached an all-time high of 38.600 % in 1992 and a record low of 28.400 % in 2015. TH: Income Share Held by Highest 10% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

Thailand: Poverty ratio, percent living on less than 5.50 USD a day: The latest value from 2023 is 9.9 percent, unchanged from 9.9 percent in 2022. In comparison, the world average is 19.18 percent, based on data from 53 countries. Historically, the average for Thailand from 1981 to 2023 is 37.9 percent. The minimum value, 9.9 percent, was reached in 2022 while the maximum of 78.5 percent was recorded in 1981.

TH: Income Share Held by Second 20% data was reported at 11.300 % in 2015. This records an increase from the previous number of 11.000 % for 2014. TH: Income Share Held by Second 20% data is updated yearly, averaging 9.900 % from Dec 1981 (Median) to 2015, with 21 observations. The data reached an all-time high of 11.300 % in 2015 and a record low of 8.500 % in 1992. TH: Income Share Held by Second 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

Thailand poverty rate in 2002: 4.70%. Down from 31.00% peak in 1981. Ranked 27th globally.

Thailand: Poverty ratio, percent living on less than 1.90 USD a day: The latest value from 2023 is 0 percent, unchanged from 0 percent in 2022. In comparison, the world average is 2.93 percent, based on data from 53 countries. Historically, the average for Thailand from 1981 to 2023 is 5.12 percent. The minimum value, 0 percent, was reached in 2021 while the maximum of 31 percent was recorded in 1981.

TH: Income Share Held by Highest 20% data was reported at 43.800 % in 2015. This records a decrease from the previous number of 44.500 % for 2014. TH: Income Share Held by Highest 20% data is updated yearly, averaging 48.500 % from Dec 1981 (Median) to 2015, with 21 observations. The data reached an all-time high of 54.400 % in 1992 and a record low of 43.800 % in 2015. TH: Income Share Held by Highest 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

Target column: pov. The dataset title 'Globalization Poverty Inequality in Thailand' suggests a focus on poverty and inequality. The column 'pov' likely represents the poverty rate or level, which aligns with the study's focus on understanding poverty in the context of globalization and inequality. This makes it a suitable target for predictive analysis. Columns excluded from analysis: year, province, column51, column52.

TH: Income Share Held by Third 20% data was reported at 15.500 % in 2015. This records an increase from the previous number of 15.300 % for 2014. TH: Income Share Held by Third 20% data is updated yearly, averaging 14.000 % from Dec 1981 (Median) to 2015, with 21 observations. The data reached an all-time high of 15.500 % in 2015 and a record low of 12.300 % in 1992. TH: Income Share Held by Third 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

TH: Poverty Headcount Ratio at $3.20 a Day: 2011 PPP: % of Population data was reported at 1.100 % in 2013. This records a decrease from the previous number of 1.500 % for 2012. TH: Poverty Headcount Ratio at $3.20 a Day: 2011 PPP: % of Population data is updated yearly, averaging 12.100 % from Dec 1981 (Median) to 2013, with 19 observations. The data reached an all-time high of 43.100 % in 1981 and a record low of 1.100 % in 2013. TH: Poverty Headcount Ratio at $3.20 a Day: 2011 PPP: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank: Poverty. Poverty headcount ratio at $3.20 a day is the percentage of the population living on less than $3.20 a day at 2011 international prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. The aggregated numbers for low- and middle-income countries correspond to the totals of 6 regions in PovcalNet, which include low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia). See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

TH: Income Share Held by Lowest 20% data was reported at 7.500 % in 2015. This records an increase from the previous number of 7.100 % for 2014. TH: Income Share Held by Lowest 20% data is updated yearly, averaging 6.300 % from Dec 1981 (Median) to 2015, with 21 observations. The data reached an all-time high of 7.500 % in 2015 and a record low of 5.400 % in 1992. TH: Income Share Held by Lowest 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

TH: Poverty Headcount Ratio at $1.90 a Day: 2011 PPP: % of Population data was reported at 0.000 % in 2015. This stayed constant from the previous number of 0.000 % for 2014. TH: Poverty Headcount Ratio at $1.90 a Day: 2011 PPP: % of Population data is updated yearly, averaging 0.800 % from Dec 1981 (Median) to 2015, with 21 observations. The data reached an all-time high of 19.600 % in 1981 and a record low of 0.000 % in 2015. TH: Poverty Headcount Ratio at $1.90 a Day: 2011 PPP: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank: Poverty. Poverty headcount ratio at $1.90 a day is the percentage of the population living on less than $1.90 a day at 2011 international prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. The aggregated numbers for low- and middle-income countries correspond to the totals of 6 regions in PovcalNet, which include low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia). See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.

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.

TH: Poverty Headcount Ratio at National Poverty Lines: % of Population data was reported at 10.500 % in 2014. This records a decrease from the previous number of 10.900 % for 2013. TH: Poverty Headcount Ratio at National Poverty Lines: % of Population data is updated yearly, averaging 18.950 % from Dec 2000 (Median) to 2014, with 12 observations. The data reached an all-time high of 42.300 % in 2000 and a record low of 10.500 % in 2014. TH: Poverty Headcount Ratio at National Poverty Lines: % of Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank: Poverty. National poverty headcount ratio is the percentage of the population living below the national poverty lines. National estimates are based on population-weighted subgroup estimates from household surveys.; ; World Bank, Global Poverty Working Group. Data are compiled from official government sources or are computed by World Bank staff using national (i.e. country–specific) poverty lines.; ; This series only includes estimates that to the best of our knowledge are reasonably comparable over time for a country. Due to differences in estimation methodologies and poverty lines, estimates should not be compared across countries.

Thaïlande: Poverty, percent of population: Pour cet indicateur, La Banque mondiale fournit des données pour la Thaïlande de 1988 à 2022. La valeur moyenne pour Thaïlande pendant cette période était de 22.82 pour cent avec un minimum de 5.4 pour cent en 2022 et un maximum de 65.2 pour cent en 1988.

TH: Increase in Poverty Gap at $3.20: Poverty Line Due To Out-of-Pocket Health Care Expenditure: 2011 PPP: % of Poverty Line data was reported at 0.001 % in 2017. This records a decrease from the previous number of 0.010 % for 2009. TH: Increase in Poverty Gap at $3.20: Poverty Line Due To Out-of-Pocket Health Care Expenditure: 2011 PPP: % of Poverty Line data is updated yearly, averaging 0.135 % from Dec 1994 (Median) to 2017, with 7 observations. The data reached an all-time high of 0.385 % in 1994 and a record low of 0.001 % in 2017. TH: Increase in Poverty Gap at $3.20: Poverty Line Due To Out-of-Pocket Health Care Expenditure: 2011 PPP: % of Poverty Line data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Thailand – Table TH.World Bank.WDI: Poverty. Increase in poverty gap at $3.20 ($ 2011 PPP) poverty line due to out-of-pocket health care expenditure, as a percentage of the $3.20 poverty line. The poverty gap increase due to out-of-pocket health spending is one way to measure how much out-of-pocket health spending pushes people below or further below the poverty line (the difference in the poverty gap due to out-of-pocket health spending being included or excluded from the measure of household welfare). This difference corresponds to the total out-of-pocket health spending for households that are already below the poverty line, to the amount that exceeds the shortfall between the poverty line and total consumption for households that are impoverished by out-of-pocket health spending and to zero for households whose consumption is above the poverty line after accounting for out-of-pocket health spending.; ; World Health Organization and World Bank. 2019. Global Monitoring Report on Financial Protection in Health 2019.; Weighted average;

Thailand is a country of 67 million peoplea which, despite challenges, has had sustained economic growth since the late 1980’s.b After many years of progress Thailand has attained upper middle income status and is likely to meet most of the Millennium Development Goals.b A universal health-coverage scheme was established in 2002c and in 2013 total expenditure on health was 4.6% of GDP.d Investments in population health and infrastructure, though, are likely to be threatened by climate change – particularly through increased exposure to rising temperatures, extreme weather events, and sea level rise. Poverty (12.64% of the population was below the poverty line in 2012e), urban expansion, deforestation, and soil degradation may further complicate the situation, reducing community resilience and adaptive capacity. A climate-change strategy is currently being devised, but efforts are still required to ensure the health system in Thailand is fully prepared to respond to many of the worst effects of climate change.

This paper evaluates short and long run implications of Thailand’s “Million Baht Village Fund”, one of the largest Microfinance programs in the world. I analyze pre- and post-program household level data on consumption, saving, migration and loan burden from the Townsend Thai Project considering both individual and village level heterogeneity. All program outcomes are compared to the other important microfinance institution in Thailand, Bank for Agriculture and Agricultural Cooperatives (BAAC). The results indicate that migration behavior and saving behavior under the “Million Baht Fund Program” differ from those under other microfinance institutions. Improved access to credit reduces household indebtedness, increases consumption expenditure and decreases the migration rate. Differences in per capita credit flow among villages have considerable impact on income inequality.