Prosperity gap (average shortfall from a prosperity standard) in Thailand
Thailand: Prosperity gap (average shortfall from a prosperity standard) was 2 average shortfall from a prosperity standard of $28/day in 2024. ▼ Falling
Latest (2024)
2 average shortfall from a prosperity standard of $28/day
Change on year
up 5.3%
World rank
77th
of 123 countries
All-time high
7.7 average shortfall from a prosperity standard of $28/day
in 1981
All-time low
1.9 average shortfall from a prosperity standard of $28/day
in 2022
Years of data
30
1981–2024
Prosperity gap in Thailand, 1981–2024
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ. Measured in average shortfall from a prosperity standard of $28/day.
Analysis
In 2024, prosperity gap in Thailand stood at 2 average shortfall from a prosperity standard of $28/day.
The figure is up 5.3% on the previous year and down 16.7% over ten years.
Over the whole period, prosperity gap in Thailand peaked at 7.7 average shortfall from a prosperity standard of $28/day in 1981 and was at its lowest, 1.9 average shortfall from a prosperity standard of $28/day, in 2022.
Thailand ranks 77th of 123 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Prosperity gap (average shortfall from a prosperity standard) in Thailand, year by year
| Year | average shortfall from a prosperity standard of $28/day | Change |
|---|---|---|
| 1981 | 7.7 average shortfall from a prosperity standard of $28/day | — |
| 1988 | 6.9 average shortfall from a prosperity standard of $28/day | -10.4% |
| 1990 | 6.5 average shortfall from a prosperity standard of $28/day | -5.8% |
| 1992 | 5.8 average shortfall from a prosperity standard of $28/day | -10.8% |
| 1994 | 4.9 average shortfall from a prosperity standard of $28/day | -15.5% |
| 1996 | 4.5 average shortfall from a prosperity standard of $28/day | -8.2% |
| 1998 | 4.4 average shortfall from a prosperity standard of $28/day | -2.2% |
| 1999 | 4.7 average shortfall from a prosperity standard of $28/day | +6.8% |
| 2000 | 4.8 average shortfall from a prosperity standard of $28/day | +2.1% |
| 2002 | 4.2 average shortfall from a prosperity standard of $28/day | -12.5% |
| 2004 | 3.7 average shortfall from a prosperity standard of $28/day | -11.9% |
| 2006 | 3.3 average shortfall from a prosperity standard of $28/day | -10.8% |
| 2007 | 3.2 average shortfall from a prosperity standard of $28/day | -3.0% |
| 2008 | 3 average shortfall from a prosperity standard of $28/day | -6.3% |
| 2009 | 2.9 average shortfall from a prosperity standard of $28/day | -3.3% |
| 2010 | 2.8 average shortfall from a prosperity standard of $28/day | -3.4% |
| 2011 | 2.6 average shortfall from a prosperity standard of $28/day | -7.1% |
| 2012 | 2.5 average shortfall from a prosperity standard of $28/day | -3.8% |
| 2013 | 2.4 average shortfall from a prosperity standard of $28/day | -4.0% |
| 2014 | 2.4 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2015 | 2.2 average shortfall from a prosperity standard of $28/day | -8.3% |
| 2016 | 2.3 average shortfall from a prosperity standard of $28/day | +4.5% |
| 2017 | 2.2 average shortfall from a prosperity standard of $28/day | -4.3% |
| 2018 | 2.3 average shortfall from a prosperity standard of $28/day | +4.5% |
| 2019 | 2.2 average shortfall from a prosperity standard of $28/day | -4.3% |
| 2020 | 2.1 average shortfall from a prosperity standard of $28/day | -4.5% |
| 2021 | 2.1 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2022 | 1.9 average shortfall from a prosperity standard of $28/day | -9.5% |
| 2023 | 1.9 average shortfall from a prosperity standard of $28/day | +0.0% |
| 2024 | 2 average shortfall from a prosperity standard of $28/day | +5.3% |
Thailand compared with similar countries
- Thailand's 2 average shortfall from a prosperity standard of $28/day is below the median for upper middle income countries, which is 2.65 average shortfall from a prosperity standard of $28/day, 75% of the median. (38 countries reporting)
- Thailand's 2 average shortfall from a prosperity standard of $28/day is below the median for East Asia & Pacific, which is 2.4 average shortfall from a prosperity standard of $28/day, 83% of the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.3 average shortfall from a prosperity standard of $28/day | 6.9 average shortfall from a prosperity standard of $28/day | 7.7 average shortfall from a prosperity standard of $28/day | 2 |
| 1990s | 5.13 average shortfall from a prosperity standard of $28/day | 4.4 average shortfall from a prosperity standard of $28/day | 6.5 average shortfall from a prosperity standard of $28/day | 6 |
| 2000s | 3.59 average shortfall from a prosperity standard of $28/day | 2.9 average shortfall from a prosperity standard of $28/day | 4.8 average shortfall from a prosperity standard of $28/day | 7 |
| 2010s | 2.39 average shortfall from a prosperity standard of $28/day | 2.2 average shortfall from a prosperity standard of $28/day | 2.8 average shortfall from a prosperity standard of $28/day | 10 |
| 2020s | 2 average shortfall from a prosperity standard of $28/day | 1.9 average shortfall from a prosperity standard of $28/day | 2.1 average shortfall from a prosperity standard of $28/day | 5 |
Countries ranked near Thailand
- 74 Argentina 2.1 average shortfall from a prosperity standard of $28/day compare
- 74 Bosnia and Herzegovina 2.1 average shortfall from a prosperity standard of $28/day compare
- 74 Dominican Republic 2.1 average shortfall from a prosperity standard of $28/day compare
- 77 Serbia 2 average shortfall from a prosperity standard of $28/day compare
- 79 Bhutan 1.9 average shortfall from a prosperity standard of $28/day compare
- 79 Hungary 1.9 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Thailand
- Number of income/consumption surveys in the past decade available via the World Bank 9 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 1.21 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 3,072 kg per hectare (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate -1.09 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 17.04 (2023)
- Tax revenue as share of GDP vs. income inequality 17.0% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is prosperity gap in Thailand?
- Prosperity gap in Thailand was 2 average shortfall from a prosperity standard of $28/day in 2024, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest prosperity gap recorded in Thailand?
- The highest recorded value was 7.7 average shortfall from a prosperity standard of $28/day in 1981.
- What is the lowest prosperity gap recorded in Thailand?
- The lowest recorded value was 1.9 average shortfall from a prosperity standard of $28/day in 2022.
- How does Thailand rank for prosperity gap?
- Thailand ranks 77th out of 123 countries with data for 2024.
- Is prosperity gap rising or falling in Thailand?
- Over the last ten years it is down 16.7%. The long-run trend across the full record is falling.
- Where does this Thailand data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.