Macro-economic Data

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A. Demography and Macroeconomy

A.1 Population
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Total population69.43 million69.21 million68.97 million
WDI
A.1.1
Total number of households21.57 million21.39 million21.48 million
National Statistical Office
A.1.2
Average household size  3.10
Country Editor
A.1.3
Urban population (% of total)49.95% of total49.2% of total48.45% of total
WDI
A.1.4
Urban population growth (annual %)1.83%1.89%1.94%
WDI
A.1.5
A.2 Economy
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
GDP, current prices (U.S. dollars)490,120 USD (millions)455,378 USD (millions)411,839 USD (millions)
WEO
A.2.1
GDP based on PPP valuation of country GDP (Current international dollar)1,323,209 USD (millions)1,236,354 USD (millions)1,167,713 USD (millions)
WEO
A.2.2
GDP per capita, current prices (U.S. dollars)7,084.47 USD 6,590.64 USD 5,970.32 USD
WEO
A.2.3
GDP based on PPP per capita GDP (Current international dollar)19,126.41 USD 17,893.63 USD 16,928 USD
WEO
A.2.4
GDP, constant prices (Percent change)4.6%3.9%3.28%
WEO
A.2.5
Inflation, end of period consumer prices (Percent change).54%.78%1.13%
WEO
A.2.6
GDP, deflator (Index)153.30151.38147.95
WEO
A.2.7
Consumer price index112.47111.29110.55
WDI
A.2.8
GINI IndexNot available36.5036.90
WDI
A.2.9
Median national annual household income  785 USD
Country Editor
A.2.10
Median urban annual household income  Not available
Country Editor
A.2.11
Urban minimum wages per month in USD301.76 USD 274.01 USD 292.91 USD
National Statistical Office
A.2.12
Growth in urban household income (%/year)A.2.13
Nominal  7.8%A.2.13.1
Real  Not available
Country Editor
A.2.13.2
Employment (% of total laborforce)A.2.14
Self-employed  Not available
Country Editor
A.2.14.1
Informally employed55.32%55.18%55.71%
National Statistical Office
A.2.14.2
Unemployed1.05%1.18%.99%A.2.14.3
Interest Rates:A.2.15
Central bank lending/discount rate2.25%2%2%
IFS
A.2.15.1
Yield on 3 months treasury bills1.3%1.33%1.41%
IFS
A.2.15.2
Yield on 10-year Government bond2.69%2.6%2.18%
IFS
A.2.15.3
Average bank deposit rate1.29%1.29%1.3%
IFS
A.2.15.4
Lending rate4.15%4.42%4.47%
IFS
A.2.15.5
B. Housing Market
B.1 Housing Stock: Production, Transactions
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Number of dwelling units:B.1.1
Total26.21 million25.72 million25.23 million
REIC Annual Report
B.1.1.1
Total Urban2.96 million2.89 million2.82 million
REIC Annual Report
B.1.1.2
Percentage of vacant units  3% of total
Country Editor
B.1.2
Characteristics of housing stock:B.1.3
Average dwelling unit size-existing  100 sq.mt
Country Editor
B.1.3.1
% of substandard dwelling units  Not available
Country Editor
B.1.3.2
Tenure in urban areas (%):B.1.4
Owner-occupied units  70% of total
REIC
B.1.4.1
% of owner units with a mortgage  90% of total
Country Editor
B.1.4.2
Private rental units  20% of total
Country Editor
B.1.4.3
Public / social rental units  10% of total
Country Editor
B.1.4.4
% of urban units with state recognized lienable title  Not available
Country Editor
B.1.4.6
Estimated Number of units completed/yearB.1.5
Formal sector/registered  Not availableB.1.5.1
Informal sector/non-registered  Not available
Country Editor
B.1.5.2
Number of recorded urban housing transactions/year135664119826142664
REIC Annual Report
B.1.6
How complete is this measure for formal sector transactions?  Fairly Complete
Country Editor
B.1.7
B.2 Housing Prices and Cost for Urban Areas or Capital City
VariableEnd of 2018End of 2017End of 2016SourcesVar ID
Median urban house price in USD:B.2.1
New housing  100,000 USD
Country Editor
B.2.1.1
Existing housing  70,000 USD
Country Editor
B.2.1.2
Median house price to median annual HH income:B.2.2
Urban  5.5
Country Editor
B.2.2.1
Capital city  5.5
Country Editor
B.2.2.2
Annual average % change in median house prices:B.2.3
Yearly Rate  5%
Country Editor
B.2.3.1
1997-2007 average rate  1.37%
Country Editor
B.2.3.2
M2 construction cost for median quality houseB.2.4
National  600 USD/sq.mt
Country Editor
B.2.4.1
Urban  600 USD/sq.mt
Country Editor
B.2.4.2
Capital city  600 USD/sq.mt
Country Editor
B.2.4.3


back to top | Country Data:
Notes: 1% Transfer Value
Notes: 10%
Notes: 20%.
Notes: 20%.
Notes: 2008 estimate
Notes: 2008 estimate
Notes: 2008 estimate
Notes: 2008 estimate
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 50-100 USD
Notes: 600-700 USD
Notes: 600-700 USD
Notes: 600-700 USD
Notes: 70-100 USD
Notes: 80%.
Notes: 80%.
Notes: 80-90%
Notes: 90-95%
Notes: Almost all use credit reports
Notes: around 5~6 times
Notes: around 5~6 times
Notes: Bhat 1.5 million. IMF annual average official rate for 2008 (33.39 Bhat = 1 USD).
Notes: Bhat 2 million. IMF annual average official rate for 2008 (33.39 Bhat = 1 USD).
Notes: CODI
Notes: CODI
Notes: CODI reaches >80,000 hh in slum areas; credit is provided to hh in savings groups and reaches <1 decile; Credit Unions are often workplace-based and typically serve hh below the median income.
Notes: CODI reaches >80,000 hh in slum areas; credit is provided to hh in savings groups and reaches <1 decile; Credit Unions are often workplace-based and typically serve hh below the median income.
Notes: Completed and registered housing units in Bangkok Metropolis
Notes: Completed and registered housing units in Bangkok Metropolis
Notes: Completed and registered housing units in Bangkok Metropolis
Notes: Completed and registered housing units in Bangkok Metropolis
Notes: Completed and registered housing units in Bangkok Metropolis
Notes: Credit Unions
Notes: Credit Unions
Notes: Credit Unions
Notes: Estimate.
Notes: Estimate.
Notes: For special Government Programs under the NHA.
Notes: For special Government Programs under the NHA.
Notes: For special Government Programs under the NHA.
Notes: Government Housing Bank
Notes: Government Housing Bank
Notes: Government Housing Bank
Notes: Less than 1% of total
Notes: Less than 5%
Notes: Maximum LTV
Notes: National Rate
Notes: National Rate
Notes: National Rate
Notes: Number of Land and Property Transactions in Bangkok Metropolis
Notes: Number of Land and Property Transactions in Bangkok Metropolis
Notes: Number of Land and Property Transactions in Bangkok Metropolis
Notes: Number of Land and Property Transactions in Bangkok Metropolis
Notes: Number of Land and Property Transactions in Bangkok Metropolis
Notes: Q4 2013, only commercial banks
Notes: Q4 2014, only commercial banks
Notes: Q4 2015, only commercial banks
Notes: Q4 2016, only commercial banks
Notes: Q4 2017, only commercial banks
Notes: Q4 2018, only commercial banks
Notes: sq. mt.