Other BriefingsThailand Increases Daily Minimum Wage Rates for 2022
Thailand has increased the daily minimum wage rates across all its provinces by an average of five percent. The last time the daily minimum wage increased was in 2020.
As such, the new daily minimum wages range from 328 baht (US$8.59) at its lowest to 354 baht (US$9.27) at its highest.
As of October 1, 2022, Thailand has increased the daily minimum wages by an average of five percent to help workers face rising inflation which is at a 14-year high. The last time the daily minimum wage increased was in 2020.
Thailand’s minimum wage is decided by the Wage Committee, a tripartite body consisting of representatives from the government, employers, and employees. The related parties will take into consideration several key factors before proposing a new daily minimum wage.
These factors include:
- The cost of living index;
- Annual inflation rate;
- Price of goods and services;
- Production costs;
- Labor productivity growth rate;
- Business capabilities; and
- Other macro and micro economic and social conditions.
The daily minimum wages vary from province to province.
What are the daily minimum wages in Thailand?
The following table highlights new daily minimum wages in Thailand as of October 1, 2022. They range from the lowest at 328 baht (US$8.59) per day to the highest at 354 baht (US$9.27) per day.
|
Daily Minimum Wage Rates in Thailand 2022 |
|
|
Province |
Daily minimum wage |
|
Phuket, Chonburi, Rayong |
354 baht (US$9.27) |
|
Bangkok, Nonthaburi Nakhon Pathom, Samut Prakan, Pathum Thani, Samut Sakhon |
353 baht (US$9.24) |
|
Chachoengsao |
345 baht (US$9.03) |
|
Phra Nakhon Si Ayutthaya |
343 baht (US$8.98) |
|
Saraburi, Lopburi, Nong Khai, Prachin Buri, Nakorn Ratchasima, Ubon Rachathani, Phangna, Krabi, Trat, Khon Kaen, Chiang Mai, Suphan Buri, Songkhla, Surat Thani |
340 baht (US$8.90) |
|
Mukdahan, Kalasin, Sakon Nakhon, Samut Songkhram, Chanthaburi, Nakhon Nayok |
338 baht (US$8.85) |
|
Petchburi, Kanchanaburi, Bung Kan, Chai Nat, Nakhon – Phanom, Phayao, Surin, Yasothon, Roe Et, Loei, Phattahalung, Uttaradut, Nakhon Sawan, Prachuap Kiri Khan, Phitsanulok, Ang Thong, Sa Kaeo, Buriram, Petchburi, |
335 baht (US$8.77) |
|
Amnat Charoen, Mae Hong Son, Chiang Rai, Trang, Sisaket, Nong Bua Lamphu, Uthai Thani, Lampang, Lamphun, Chumphon, Maha Sarakham, Sing Buri, Satun, Phrae, Sukhothai, Kamphaeng Phet, Ratchaburi, Tak, Nakhon Si Thammarat, Chaiyaphum, Ranong, Phichit |
332 baht (US$8.69) |
|
Yala, Pattani, Narathiwat, Nan, Udon Thani |
328 baht (US$8.59) |
These new figures would make Thailand’s overall monthly minimum wage at an average of between 9,000 baht (US$235) and 10,000 baht (US$261), making it one of the highest in ASEAN.
Given that the minimum wage for each province is different, foreign investors should seek the help of registered local advisors to help understand how changes to the wage rate and related compliances will affect the scope of their business and operations on the ground.
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