Palma ratio in Thailand

Thailand: Palma ratio was 1.31 in 2024. ▼ Falling

Latest (2024)
1.31
Change on year
down 0.9%
World rank
72nd
of 120 countries
All-time high
2.79
in 1992
All-time low
1.31
in 2024
Years of data
30
1981–2024

Palma ratio in Thailand, 1981–2024

01231981200220241981: 2.51988: 2.31990: 2.41992: 2.81994: 2.21996: 2.11998: 21999: 2.22000: 2.12002: 2.12004: 2.12006: 22007: 1.82008: 1.92009: 1.82010: 1.82011: 1.62012: 1.82013: 1.62014: 1.62015: 1.52016: 1.62017: 1.52018: 1.52019: 1.42020: 1.42021: 1.42022: 1.42023: 1.32024: 1.3

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

The most recent figure for palma ratio in Thailand is 1.31, measured in 2024. That is the lowest value across all 30 years on record.

That represents a change of down 0.9% on the previous year and down 17.3% over ten years.

Over the whole period, palma ratio in Thailand peaked at 2.79 in 1992 and was at its lowest, 1.31, in 2024.

That places Thailand 72nd out of 120 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 30 years of available data.

Palma ratio in Thailand, year by year

Annual values for Palma ratio in Thailand, 1981 to 2024.
Year Value Change
1981 2.46
1988 2.28 -7.4%
1990 2.4 +5.4%
1992 2.79 +16.0%
1994 2.22 -20.4%
1996 2.15 -3.2%
1998 1.99 -7.4%
1999 2.17 +9.1%
2000 2.14 -1.5%
2002 2.05 -3.9%
2004 2.13 +3.7%
2006 2.04 -4.1%
2007 1.83 -10.4%
2008 1.88 +2.6%
2009 1.82 -3.4%
2010 1.8 -0.9%
2011 1.64 -9.1%
2012 1.78 +8.8%
2013 1.65 -7.3%
2014 1.58 -4.1%
2015 1.51 -4.4%
2016 1.56 +3.1%
2017 1.54 -1.5%
2018 1.53 -0.1%
2019 1.42 -7.6%
2020 1.42 +0.3%
2021 1.42 -0.4%
2022 1.37 -3.1%
2023 1.32 -3.8%
2024 1.31 -0.9%

Thailand compared with similar countries

  • Thailand's 1.31 is below the median for upper middle income countries, which is 1.5, 87% of the median. (35 countries reporting)
  • Thailand's 1.31 is below the median for East Asia & Pacific, which is 1.42, 92% of the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.37 2.28 2.46 2
1990s 2.29 1.99 2.79 6
2000s 1.99 1.82 2.14 7
2010s 1.6 1.42 1.8 10
2020s 1.37 1.31 1.42 5

Countries ranked near Thailand

  1. 69 Guinea-Bissau 1.32 compare
  2. 70 Greece 1.31 compare
  3. 71 Luxembourg 1.31 compare
  4. 73 Spain 1.28 compare
  5. 74 South Korea 1.27 compare
  6. 75 North Macedonia 1.26 compare

See the full ranking of 120 places →

More reference data data for Thailand

All data for Thailand →

Frequently asked questions

What is palma ratio in Thailand?
Palma ratio in Thailand was 1.31 in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Thailand?
The highest recorded value was 2.79 in 1992.
What is the lowest palma ratio recorded in Thailand?
The lowest recorded value was 1.31 in 2024.
How does Thailand rank for palma ratio?
Thailand ranks 72nd out of 120 countries with data for 2024.
Is palma ratio rising or falling in Thailand?
Over the last ten years it is down 17.3%. 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 (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

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Palma ratio in Thailand. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/thailand/

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About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.