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Thailand Wages: Minimum and Average

Thailand Wages Data

Indicator Data Period
Minimum Wages 353 THB/Day | 203.529 USD/Month 2023
Wages 15412 THB/Month | 423.147 USD/Month 2Q/23
Wages in Manufacturing 14541 THB/Month | 399.233 USD/Month 4Q/22


Latest data on Minimum Wages (THB/Day)

Minimum Wages
                     Thailand - Historical Data (THB/Day)

What is minimum wage in Thailand?

  • Minimum Wages in Thailand remained unchanged at 353 THB/Day (203.529 USD/Month) in 2023. The maximum rate of minimum wage for employees was 336 THB/Day and minimum was 12 THB/Day.
  • Data published Yearly by Central Bank.

Historical Data (THB/Day) by years

Data
Period
Date
353 2023 19.06.2023
354 2022 30.06.2022
331 2021 05.02.2022
336 2020 21.03.2021
331 2019 08.02.2020
325 2018 05.05.2018
305 2017 11.08.2017
300 2016 31.12.2016


Historical Chart by prime ministers (THB/Day)

Minimum Wages in Thailand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Prayut Chan-o-cha 22.05.2014 - 300.0000 305.0000 305.0000 300.0000 1.67%
Yingluck Shinawatra 05.08.2011 - 07.05.2014 215.0000 300.0000 300.0000 215.0000 39.53%
Abhisit Vejjajiva 15.12.2008 - 05.08.2011 203.0000 206.0000 206.0000 203.0000 1.48%
Surayud Chulanont 01.10.2006 - 29.01.2008 184.0000 191.0000 191.0000 184.0000 3.80%


Latest data on Wages (THB/Month)

Wages
                     Thailand - Historical Data (THB/Month)

What is average wage in Thailand?

  • Average Wages in Thailand increased to 15412 THB/Month (423.147 USD/Month) in the second quarter of 2023. The maximum rate of average wage for employees was 14670 THB/Month and minimum was 6344 THB/Month.
  • Data published Quarterly by National Statistical Office.

Historical Data (THB/Month) by years

Data
Period
Date
15412 2Q/23 05.08.2023
15118 1Q/23 03.06.2023
15416 4Q/22 04.03.2023
15213 3Q/22 03.12.2022
15405 2Q/22 03.09.2022
6655 1Q/22 02.07.2022
14892 4Q/21 09.04.2022
14656 3Q/21 18.01.2022


Historical Chart by prime ministers (THB/Month)

Wages in Thailand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Prayut Chan-o-cha 22.05.2014 - 13237.7600 13721.1400 13971.3600 13237.7600 3.65%
Yingluck Shinawatra 05.08.2011 - 07.05.2014 10308.8100 12772.4700 12772.4700 10308.8100 23.90%
Abhisit Vejjajiva 15.12.2008 - 05.08.2011 8848.1100 9573.5000 9649.1300 8483.6000 8.20%
Surayud Chulanont 01.10.2006 - 29.01.2008 7978.4800 8367.7700 8367.7700 7708.5500 4.88%


Latest data on Wages in Manufacturing (THB/Month)

Wages in Manufacturing
                     Thailand - Historical Data (THB/Month)

How much is average wage in manufacturing in Thailand?

  • Average wages in manufacturing sector in Thailand increased to 14541 THB/Month (399.233 USD/Month). The maximum level was 13779 THB/Month and minimum was 5516 THB/Month.
  • Data published Quarterly by Central Bank.

Historical Data (THB/Month) by years

Data
Period
Date
14541 4Q/22 28.03.2023
13785 4Q/21 14.03.2022
13528 1Q/21 13.07.2021
13317 2Q/20 14.10.2020
13462 1Q/20 20.07.2020
13350 3Q/19 30.01.2020
13291 2Q/19 29.10.2019
13080 1Q/19 04.07.2019


Historical Chart by prime ministers (THB/Month)

Wages in Manufacturing in Thailand by prime ministers

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Thailand

Index Updated Actual Previous
Unemployment Rate Jun/23 1.06 % 1.05
Job Vacancies Aug/23 19.314 K 29.317

Wages in other countries

Country Updated Actual Previous
Bangladesh 2017 141.581 USD/Month 137.726
Kyrgyzstan Jul/23 372.046 USD/Month 397.056
Mongolia 2Q/23 663.775 USD/Month 643.054
Tajikistan Jun/23 203.349 USD/Month 176.321
China 2022 1301.701 USD/Month 1219.6
Georgia 2Q/23 671.004 USD/Month 638.29
India 2014 115.31 USD/Month 108.53
Israel Jun/23 3237.175 USD/Month 3226.81
South Korea 2Q/23 3015.471 USD/Month 3419.512
Taiwan Jul/23 1846.444 USD/Month 1678.546
Vietnam 2Q/23 286.489 USD/Month 289.723
Armenia Aug/23 658.099 USD/Month 668.655
Hong Kong 2Q/23 2306.018 USD/Month 2269.91
Japan Aug/23 2140.488 USD/Month 2993.015
Kazakhstan Jan/23 718.049 USD/Month 657.009
Macau 2Q/23 2114.139 USD/Month 2114.139
Malaysia 2021 642.439 USD/Month 620.439
Philippines 2016 200.58 USD/Month 189.61
Singapore 2Q/23 4588.745 USD/Month 5151.515
Thailand 2Q/23 423.147 USD/Month 415.075
Azerbaijan Aug/23 544.118 USD/Month 542.353
Bahrain 2Q/23 2297.082 USD/Month 2307.692
Uzbekistan 2022 319.264 USD/Month 264.409
Mauritius 2022 846.312 USD/Month 763.242