Upper Class Income Thailand

The world bank annually revises its classification of the world s economies based on gross national income gni per capita estimates using the atlas method.

Upper class income thailand. In political and social analyses of thailand in the 1990s the urban middle class or chonchan klaang in thai has been identified as an affluent class consisting of homogeneous urban. It salaries in thailand. The lesser developed countries vietnam and philippines in terms of current macs are set to see solid growth in the years ahead at 5 5 apiece while malaysia and thailand will see growth slow to 2 9 and 2 2. As zdnet asia survey shows the average salary for it s in thailand is around 600 000 bht per year.

The number of middle class and affluent macs has increased steadily with malaysia out ahead at 78 of its population in 2017 followed by thailand at 60 and indonesia at 44. The average income in thailand for more educated employees and jobs in the biggest cities is from around 300 000 bht per year to around 600 000 bht per year while wages for not educated workers can be much lower. Clearly asia s upper middle class is a buying segment that companies both inside and outside the region should be looking at. As in china this segment is growing especially quickly in indonesia and vietnam.

Thailand and their social consciousness and focuses on how these reflect salient features of the country s developmental process. Thailand is often pitted as one of the great development success stories and this is for fair reason. Data for upper middle income thailand from the world bank. Using the atlas method thailand s gni per capita is currently at us 4 210.

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. The upper middle class already accounts for a quarter of the population of thailand and more than that in malaysia. Poverty in the country has declined substantially over the last 30 years from 67 percent in 1986 to a mere 7 8 percent in 2017 as measured by the upper middle income class poverty line of us 5 5 per day. And yet thailand is seen as a.

Using the atlas method thailand s gni per capita is currently at us 4 210.