Prosperity gap in Thailand
Thailand: Prosperity gap was 2 average shortfall from a prosperity standard of $28/day in 2024. ▼ Falling
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 75th of 121 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.
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
- 72 Argentina 2.1 average shortfall from a prosperity standard of $28/day compare
- 72 Bosnia and Herzegovina 2.1 average shortfall from a prosperity standard of $28/day compare
- 72 Dominican Republic 2.1 average shortfall from a prosperity standard of $28/day compare
- 75 Serbia 2 average shortfall from a prosperity standard of $28/day compare
- 77 Bhutan 1.9 average shortfall from a prosperity standard of $28/day compare
- 77 Hungary 1.9 average shortfall from a prosperity standard of $28/day compare
More poverty & inequality data for Thailand
- Poverty headcount ratio at $8.30 a day (2021 PPP) 11.7% (2024)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 0.2% (2024)
- Poverty gap at $3.00 a day (2021 PPP) 0.0% (2024)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 0.0% (2024)
- Poverty gap at $8.30 a day (2021 PPP) 2.1% (2024)
- Poverty headcount ratio at societal poverty line 16.0% (2024)
- Poverty gap at $4.20 a day (2021 PPP) 0.0% (2024)
- Income share held by second 20% 12.0% (2024)
- Gini index 33.3 (2024)
- Income share held by lowest 20% 7.9% (2024)
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 75th out of 121 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.