Try our corporate solution for free!
+1 (212) 419-5770

Forecast of household income share in Thailand 2015-2020

Thailand’s middle class is currently emerging, and it is forecasted that around 13 percent of the households will earn at least 525 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 81 thousand .

The development of income inequality in Thailand

The 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.

Forecast of annual household income distribution in Thailand in 2015 and 2020

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% Discount until October 31st
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in

Release date

November 2016



Survey time period


Supplementary notes

Note: 1000 Thai Baht is equal to 29.44 U.S. dollars and 26.36 euros (as of June 2017).

* Forecast.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Demographics in Thailand"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.