Thailand Average Monthly Wages - Forecast

Wages in Thailand is expected to be 13850.00 THB/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Thailand to stand at 13790.00 in 12 months time. In the long-term, the Thailand Average Monthly Wages is projected to trend around 14700.00 THB/Month in 2020, according to our econometric models.


Forecast Data Chart
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Thailand Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 1 1 1 1 1.1 1.1
Employed Persons 38287 38900 38200 37900 38700 39500
Unemployed Persons 403 410 407 391 413 437
Job Vacancies 26027 32000 35000 31000 29000 42000
Wages 13789 13940 13680 13790 13940 14700
Wages in Manufacturing 12781 13100 12700 12500 12900 13700
Minimum Wages 325 325 334 334 334 345
Population 66.19 66.5 66.9 66.9 66.9 68
Youth Unemployment Rate 5.2 4.4 4.5 4.5 4.5 4.8
Labour Costs 89.45 85 89 92 88 81
Productivity 115 125 126 115 112 131