Average Salary in Thailand 2024

Discover the intricate dynamics of salary in Thailand as this insightful article delves into various aspects including pay scale, wage gap, annual increments, breakdown over education level, and years of experience. Gain valuable insights into the Thai salary landscape and understand the factors that influence earning potential in this vibrant Southeast Asian nation. Explore crucial data that sheds light on salary trends and learn how education and experience play a pivotal role in shaping remunerations. Stay informed about this vital aspect of Thai society and gain a competitive edge in the job market.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Thailand in 2024?

What is the average salary in Thailand in 2024?
580USD
(USD 7,000 yearly)
Low 270 USD
Average 580 USD
High 2,600 USD
The average salary for individuals working in Thailand is about USD 580 per month. However, salary ranges from USD 270 (lowest average) to USD 2,600 (highest average, actual maximum salary is higher). Please note that this figure takes into account housing, transport, and other benefits. Salaries can significantly vary across different careers. If you would like to know the salary of a specific job title, please see the information below.
In comparison with average salary in Thailand in 2023, salaries changed by +0.7% so far. Looking ahead, economists project a gradual recovery in the job market. Full comparison between 2023 and 2024 can be done at the year's end.

Pay Scale and Salaries in Thailand

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 2,600, 75% of the people earn USD 800 or less. 50% employees earn less USD 560 or less, 25% of the employees earn less than USD 420.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 2,600, 75% of the people earn USD 800 or less. 50% employees earn less USD 560 or less, 25% of the employees earn less than USD 420.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Thailand the minimum salary is USD 270.

Median Salary

The median salary in Thailand is USD 460, indicating the middle point of all salaries in a dataset, with half of the values above and half below it. This statistic offers a more balanced perspective on income distribution and is widely used to assess average earnings across different professions and industries.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Thailand the salary ranges from USD 270 to USD 2,600.

Annual Salary Increments in Thailand

What is the average annual salary increment in the Thailand? How frequently do employees receive salary raises?

In 2024 employees in Thailand received around 0.7% salary increase. Please note that this is average across all job sectors. In comparison worldwide average for 2024 is 0.7%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024 the workforce in Thailand experienced approximately 0.7% salary growth. It's important to highlight that this figure represents the average across diverse job sectors. Globally, the average salary increase for 2024 stands at 0.7%.

Historical Graph of Annual Salary Increments in Thailand

In recent years, the salary of employees in Thailand has witnessed an average yearly increase of 3.1%. This corresponds to a range of 0.5% to 6.7% increment per year.Download chartGet chart linkShare on FacebookShare on Twitter
Employees based in Thailand have experienced a salary increase averaging 3.1% per year in recent years. This translates to a range of 0.5% to 6.7% increment per year.

Salary Forecast and Trends for the Future in Thailand

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.1%. Estimated range is between 1.7% and 4.7%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.1%. Estimated range is between 1.7% and 4.7%.

Gender Wage Gap in Thailand

What is the difference in pay between mens and womens? Men vs. women salary comparison.

Thailand has an actual wage gap of 9.0%.Download chartGet chart linkShare on FacebookShare on Twitter
In terms of wage disparity, Thailand experiences 9.0%.
It's due to many factors, such as:
  • Gender discrimination.
  • On average, women have a 10% higher number of days of paid vacation than men each year.
  • College degrees are less common among women compared to men.
  • Men are less inclined than women to assume caregiving responsibilities for children and elderly relatives.
  • Women are more likely than men to work part-time, and part-time workers typically earn less than full-time workers.
  • Occupations with lower pay are predominantly filled by women rather than men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

Completing high school and obtaining a bachelor's degree brings a multitude of benefits. Firstly, it significantly enhances one's career prospects, leading to higher earning potential and access to a broader range of job opportunities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and attaining a bachelor's degree yields a host of benefits. Above all, it significantly enhances career prospects by increasing earning potential and broadening access to a greater variety of job opportunities. Along with financial rewards, pursuing a bachelor's degree promotes personal growth, cultivates critical thinking skills, and allows for specialization in a chosen field of interest. Furthermore, it facilitates valuable networking possibilities and fosters the development of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative path that opens doors to a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. manifests a strong passion for learning and advancing society through a rewarding and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 13%-17% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of roughly 11%-15%. Expertise and leadership earn higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 23%-27% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 13%-17% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of nearly 11%-15%. Expertise and leadership secure higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 23%-27% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Thailand

What is the average hourly wage in the Thailand?

Average Hourly Wage
3USD
Low 2 USD
Average 3 USD
High 15 USD

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: Planning for expenses and budgeting can be challenging when dealing with hourly wages that result in irregular or fluctuating income.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks normally affiliated with full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can disturb work-life balance and make it hard to maintain consistent routines.
  • Uncertain job security: Hourly positions may experience higher job insecurity than salaried positions due to their susceptibility to layoffs, downsizing, or changes in demand.
  • Limited career advancement: Certain hourly positions may offer limited chances for career advancement, professional growth, or upward movement within the company.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Thailand

What are the best paying jobs in Thailand?

List with best paid jobs in ThailandDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Thailand?

  1. Surgeon (USD 2,600)
  2. Doctor (USD 2,300)
  3. Chief Executive Officer (CEO) (USD 2,200)
  4. Registered Nurse Anesthetist (USD 2,200)
  5. Dentist (USD 2,100)
  6. Airline Pilot (USD 2,000)
  7. Intellectual Property Lawyer (USD 1,900)
  8. Marketing Manager (USD 1,700)
  9. Marketing Director (USD 1,700)
  10. Sales Director (USD 1,600)
  11. Sales Manager (USD 1,600)
  12. Petroleum Engineer (USD 1,600)
  13. Brand Manager (USD 1,600)
  14. Marketer (USD 1,600)
  15. Judge (USD 1,500)
  16. Treasurer (USD 1,500)
  17. Controller (USD 1,500)
  18. Pharmacist (USD 1,500)
  19. Tax Lawyer (USD 1,500)
  20. Lawyer (USD 1,500)
List with worst paid jobs in ThailandDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Thailand?

  1. Cashier (USD 280)
  2. Childcare Worker (USD 290)
  3. Stock clerk (USD 300)
  4. Elder Care Worker (USD 300)
  5. Receptionist (USD 310)
  6. Bartender (USD 330)
  7. Food and beverage server (USD 340)
  8. Janitor (USD 340)
  9. Waiter (USD 340)
  10. Tour Guide (USD 350)
  11. Customer Service Representative (USD 410)
  12. Hotel Concierge (USD 420)
  13. Rehabilitation Counselor (USD 420)
  14. Travel Agent (USD 460)
  15. Secretary (USD 470)
  16. Painter (USD 490)
  17. Carpenter (USD 510)
  18. Bus Driver (USD 520)
  19. Artist (USD 520)
  20. Truck Driver (USD 530)
List with best paid industries in ThailandDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 1,700)
  2. Business and Management (USD 1,400)
  3. Marketing and Sales (USD 1,300)
  4. Engineering (USD 1,200)
  5. Law (USD 1,200)
  6. Accounting and Finance (USD 1,100)
  7. Computer and Information Technology (USD 1,100)
  8. Transportation and Logistics (USD 1,100)
  9. Science (USD 1,100)
  10. Education and Training (USD 860)
  11. Other (USD 640)
  12. Hospitality and Tourism (USD 540)
  13. Social Services (USD 440)
  14. Services (USD 400)