Population of BMA in Thailand 2012-2023
In 2023, the number of inhabitants in Bangkok Metropolitan Area, Thailand was estimated to amount to around 11.07 million people. The figures show a gradual increase in Bangkok's population in the last 10 years.
Bangkok’s most populated and most popular areas
Bangkok experienced rapid growth between the 1960s and 1980s and has developed into one of Southeast Asia's leading commercial markets, a hub for real estate, retail, manufacturing, commerce, transportation, and financial services, despite challenges and political instability over the last decades. Khlong Sam Wa, Sai Mai, and Bang Khae, located on the outskirts, are the most populated districts in Bangkok, with comparatively low rental prices. In contrast, rather expensive areas around Wireless Road, upper and lower Sukhumvit, Sathorn, and Silom are particularly sought after by high-income residents and working expatriates.
Bangkok’s housing prices
Local buyers are facing difficulties as a result of Bangkok's increasing interest rates, which have reduced house affordability, as well as a lack of confidence in the economy. The price index of townhouses in Bangkok has shown increases since 2013. The same goes for single-detached houses and condominiums. Long-term demand will be limited by Thailand's aging population, and many prospective new purchasers, particularly Millennials and Gen Y, often choose to rent instead of buying.