MINIMUM AND AVERAGE SALARY IN THAILAND

Thailand is located in South-East Asia in the south-western part of the Indochina Peninsula. It borders on Cambodia and Laos in the east, Myanmar in the west, and Malaysia in the south. It is washed by the Andaman Sea in the west and by the Gulf of Siam in the South China Sea in the east. It is a beautiful state with many attractions and resorts, which attract millions of tourists – fans of exotic recreation.

The population of Thailand in 2024 is about 71.9 million people. Unemployment is around 1–2%. The labor force is not less than 40 million, with several million migrant workers in the country. For illegal employment of foreigners face heavy fines, deportation and even imprisonment. Next, let's find out what salaries in Thailand in 2024.

Minimum salary in Thailand

According to the local government, the official minimum wage in Thailand in 2024 ranges from 330–370 Thai baht a day, the equivalent of 9.1-10.2 U.S. dollars. Compared to 2023, Thailand's minimum wage has increased by 2–16 baht.

Rates of minimum wage in Thailand by province:

  • 370 baht per day – Phuket.

  • 363 baht per day – Bangkok.

  • 330–363 baht per day – Chachoengsao, Krabi, Hon Kaena, Chiang Mai, Trat, Nakhon Ratchasima, Ayutthaya, Phang Nga, Lopburi, Songkhla, Saraburi, Sufan Buri, Surat Thani, Nong Khayb Ubon, Ratchathani, Kanchanaburi, Chinat, Nakhon Phanom, Nakhon Sawan, Nan, Bung Kan, Buri Ram, Prachuap Khiri Khan, Phattalung, Fitsanuloke, Phetchaburi, Petchabun, Phayao, Yashoton, Rua and Su, Loei, Sa, Kai Ang Thong, UttraditKampaeng Phet, Chaiyaphum, Champon, Chiang Rai, Trang, Tak, Nakhonsithammarat, Phichit, Pra, Maha Saraham, Mae Hong Son, Ranong, Ratchaburi, Lampang, Lampoon, Si Sa Ket, Sathoon, Sing Buri, Sukhothai, Nong Bua Lamphu, Uthai Thani and Amnath Charoen, Prachin Buri, Kalasin, Chantaburi, Nakhon Nayoka, Mukdahan, Sakhon Nakhon, Samut Songkhram, Narathiwata, Pattani, Udon Thani and Yala.

According to the local Occupational Safety and Health Act, a standard working day in Thailand lasts eight hours or seven hours if the health or safety of workers is threatened. Employers must not underestimate the minimum wage for their employees.

Average salary in Thailand

According to Thai statistical agencies and international recruitment agencies, the average salary in Thailand in 2024 is 15,452.59 baht per month or $420. At the same time in the capital, Bangkok, they earn an average of 22,274 baht ($615). In the private sector it is 21,301.04 baht and in the public sector it is 30,068.52 baht.

AVERAGE SALARY IN BANGKOK BY SECTOR OF ECONOMY

Sector of Economy Thai Baht per month Dollars per month
Supply of electricity, gas, steam and air conditioning 52,569.26 1,635
Information and communication 40,659.15 1,265
Financial and insurance activity 34,620.55 1,075
Mining 30,485.40 950
Water supply, sewerage and waste management 30,000 935
Professional, scientific and technical activity 29,156.13 905
Health care and social work 27,782.71 865
Real estate operations 25,810,27 800
Education 25,718.03 800
Art, entertainment and leisure 25,472.04 790
Public administration and protection 25,212.30 785
Transportation and storage 22,820.94 710
Wholesale and retail trade 20,727.90 645
Construction 20,383.60 635
Production 19,100.02 595
Accommodation and meals 15,541.46 485
Administrative and support services 15,395.90 480
Agriculture 8,000 250
Others 11,866.96 370

Note. Information on average salaries in Thailand (Bangok) by sector of economy is based on official data from the National Statistics Office.

In conclusion, the income tax rate in Thailand varies from 5 to 35%. At a maximum rate of 35%, annual income is taxed over 5 million baht per year. Persons over 65 years of age are exempt from tax on the first 190,000 baht of income.

© 2020–2024 WageCentre.com. All Rights Reserved.