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’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.

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.

Thailand Household Current Income: % Share: Greater Bangkok (GB): Quintile 1 data was reported at 9.400 % in 2015. This records an increase from the previous number of 7.600 % for 2013. Thailand Household Current Income: % Share: Greater Bangkok (GB): Quintile 1 data is updated yearly, averaging 7.600 % from Dec 2011 (Median) to 2015, with 3 observations. The data reached an all-time high of 9.400 % in 2015 and a record low of 6.900 % in 2011. Thailand Household Current Income: % Share: Greater Bangkok (GB): Quintile 1 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 actual quintile income shares, fair quintile income shares based on SH method, optimal (fair) quintile income shares representing feasible income equality based on PK method, and their corresponding values of income Gini index.

Historical dataset showing Thailand income inequality - gini coefficient by year from N/A to N/A.

Thailand Net National Income (NNI) data was reported at 11,370,863.000 THB mn in 2016. This records an increase from the previous number of 10,695,445.000 THB mn for 2015. Thailand Net National Income (NNI) data is updated yearly, averaging 5,082,561.000 THB mn from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 11,370,863.000 THB mn in 2016 and a record low of 1,968,657.000 THB mn in 1990. Thailand Net National Income (NNI) data remains active status in CEIC and is reported by National Economic and Social Development Board. The data is categorized under Global Database’s Thailand – Table TH.A035: SNA1993: GDP: National Income Distribution: Current Price (Annual).

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.

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 1,091.201 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.

Data derived from three sources: a) provincial-level data from the United Nations (UN) Human Achievement Index (HAI), b) a landmark study of the geospatial distribution of ethnic groups headed by Mahidol University (Office of the National Culture Commission, 2004) c) district-level intra-provincial income data, we present the country’s first dataset on ethnic inequalities on health, education, employment, income, housing and living environment, transport and communication, family and community life, and political and civil participation. To compute the ethnic HAI, we combine data on ethnic group population sizes within each province with the provincial-level UNDP HAI. A group’s final score on any given HAI component is averaged across each of the provinces in which an ethnic group lives, taking population size into consideration. Thus, a province contributes more or less to the group’s final score depending on its proportion of the group’s overall population. Before this cross-provincial weighting, a group’s provincial-level HAI score is first adjusted based on its location of residence. We know from a vast qualitative literature (and on-the-ground knowledge) that most minority groups (Tai-Kadai and non-Tai-Kadai) tend to live in remote, mountainous regions, hence the government category of ‘Hill Tribe’. We use information on the average income levels in these most remote districts compared to the provincial average income level to adjust the score. This adjustment further depends on the degree income correlates with a given HAI component. Thus, a group’s score may be adjusted up or down at the provincial level before the cross-provincial weighting depending on whether the correlation is positive or negative.

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.

The descriptive statistics of data on income shares by decile of Thailand from 1988 to 2021.

In the third quarter of 2024, over ** percent of the employed individuals in Thailand received wages and salaries between 10,000 and ****** Thai baht per month. In comparison, only around ** percent earned more than ****** Thai baht monthly.

Thailand NNI: Households Mixed Income and Operating Surplus data was reported at 2,783,687.000 THB mn in 2016. This records an increase from the previous number of 2,543,017.000 THB mn for 2015. Thailand NNI: Households Mixed Income and Operating Surplus data is updated yearly, averaging 1,725,005.000 THB mn from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 2,833,321.000 THB mn in 2012 and a record low of 738,504.000 THB mn in 1990. Thailand NNI: Households Mixed Income and Operating Surplus data remains active status in CEIC and is reported by National Economic and Social Development Board. The data is categorized under Global Database’s Thailand – Table TH.A035: SNA1993: GDP: National Income Distribution: Current Price (Annual).

Thailand NNI: PIR: HH: Distributed Income of Corporations data was reported at 543,533.000 THB mn in 2016. This records a decrease from the previous number of 553,761.000 THB mn for 2015. Thailand NNI: PIR: HH: Distributed Income of Corporations data is updated yearly, averaging 56,616.000 THB mn from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 553,761.000 THB mn in 2015 and a record low of 14,292.000 THB mn in 1990. Thailand NNI: PIR: HH: Distributed Income of Corporations data remains active status in CEIC and is reported by National Economic and Social Development Board. The data is categorized under Global Database’s Thailand – Table TH.A035: GDP: SNA93: National Income Distribution: Current Price (Annual).

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.

The gini index in Thailand was forecast to continuously decrease between 2024 and 2029 by in total **** points. The gini is estimated to amount to **** points in 2029. The Gini coefficient here measures the degree of income inequality on a scale from * (=total equality of incomes) to *** (=total inequality).The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the gini index in countries like Indonesia and Laos.

Thailand NNI: PIR: GG: Distributed Income of Corporations data was reported at 120,105.000 THB mn in 2016. This records a decrease from the previous number of 129,996.000 THB mn for 2015. Thailand NNI: PIR: GG: Distributed Income of Corporations data is updated yearly, averaging 50,537.000 THB mn from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 129,996.000 THB mn in 2015 and a record low of 13,812.000 THB mn in 1990. Thailand NNI: PIR: GG: Distributed Income of Corporations data remains active status in CEIC and is reported by National Economic and Social Development Board. The data is categorized under Global Database’s Thailand – Table TH.A035: GDP: SNA93: National Income Distribution: Current Price (Annual).

Thailand NNI: CE: Wages and Salaries data was reported at 4,149,299.000 THB mn in 2016. This records an increase from the previous number of 4,021,266.000 THB mn for 2015. Thailand NNI: CE: Wages and Salaries data is updated yearly, averaging 1,753,316.000 THB mn from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 4,149,299.000 THB mn in 2016 and a record low of 563,359.000 THB mn in 1990. Thailand NNI: CE: Wages and Salaries data remains active status in CEIC and is reported by National Economic and Social Development Board. The data is categorized under Global Database’s Thailand – Table TH.A035: SNA1993: GDP: National Income Distribution: Current Price (Annual).

This report evaluates the macroeconomic and sector developments of Thailand during the recent decades. It recognizes that Thailand has been extremely successful in managing its economic policy and is now the world's fastest growing economy since the beginning of the 1980~^!!^s. After analyzing the major factors that positively influenced the economic growth, externalities, and the associated costs, this report identifies three major issues confronting policymakers in Thailand: (i) the sustainability of current economic progress; (ii) distribution of income and wealth; and (iii) the environmental impact associated with the deterioration of natural resources and general productive assets, and its effects on personal health resulting from air and water pollution. Finally, the report concludes that open economic policies have allowed Thailand to adjust quickly to changing international and domestic circumstances. Experience suggests that an appropriate institutional framework is in place and that the tradition of sound economic management in Thailand will permit a continuation of high economic growth well into the middle of the present decade that will help sustain social progress to the end of the century.