Upper Middle Class Income Thailand
As of july 1 2011 upper middle income economies are those with average incomes of us 3 976 to us 12 275.
Upper middle class income thailand. Lower middle strata and discusses the characteristics of the thai middle classes conceptualized as encompassing these two broad categories 3 in carrying out our empirical analysis we define the upper white collar stratum as consisting of an upper white collar class the new middle class who are employed in professional. Therefore the country s economic potential has improved vastly. If you want to understand contemporary thai politics there is a lot to be gained from the latest announcement by the world bank. And yet thailand is seen as a.
Or would you be content to live a middle class life in thailand like a middle class thai person would. As zdnet asia survey shows the average salary for it s in thailand is around 600 000 bht per year. This illustrates the growth of thailand s upper middle class. 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. Do you want to live as you did in your 7 000 mo 750 000 california style house. 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.
Even the dogs drive scooters. It salaries in thailand. The world bank improved the income categorization of thailand from a lower middle income economy to an upper middle income economy in 2011. Well take a close look at.
The upgrade is in recognition of thailand s economic achievements in the past decade in which gni per capita has almost doubled while poverty has been. World bank senior economist kirida bhaopichitr says. The world bank annually revises its classification of the world s.