Minimum Wages in Thailand increased to 331 THB/Day in 2019 from 325 THB/Day in 2018. source: Bank of Thailand

Minimum Wages in Thailand averaged 146.49 THB/Day from 1973 until 2019, reaching an all time high of 331 THB/Day in 2019 and a record low of 12 THB/Day in 1973. This page provides - Thailand Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Minimum Daily Wage - values, historical data and charts - was last updated on November of 2020.

Minimum Wages in Thailand is expected to reach 335.00 THB/Day by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Minimum Daily Wage is projected to trend around 345.00 THB/Day in 2021 and 365.00 THB/Day in 2022, according to our econometric models.

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Thailand Minimum Daily Wage

Actual Previous Highest Lowest Dates Unit Frequency
331.00 325.00 331.00 12.00 1973 - 2019 THB/Day Yearly
NSA

Thailand Labour Last Previous Highest Lowest Unit
Unemployment Rate 1.90 2.10 5.73 0.39 percent [+]
Employed Persons 38048.80 37806.60 39973.11 30376.71 Thousand [+]
Unemployed Persons 723.90 831.00 1923.25 157.58 Thousand [+]
Job Vacancies 461642.00 37826.00 461642.00 12620.00 [+]
Wages 14317.63 14392.15 14392.15 6344.00 THB/Month [+]
Wages in Manufacturing 13316.60 13462.30 13462.30 5516.00 THB/Month [+]
Minimum Wages 331.00 325.00 331.00 12.00 THB/Day [+]
Population 66.56 66.41 66.56 27.36 Million [+]
Youth Unemployment Rate 8.00 9.80 9.80 2.50 percent [+]
Labour Costs 106.54 96.82 110.42 88.61 points [+]
Productivity 106.79 126.33 141.30 92.90 points [+]