Bangkok December 2020

While bar charts, line graphs
and simple numbers are hardly
capable of providing the defining
answer to many economic,
social and political questions,
they are certainly a good way of
obtaining a general overview of
any particular subject.
Each month the Business
Supplement will look into a
brace of statistical information
and provide readers with what
we consider to be the central elements
of these figures.
THAILAND’S
SALARY
INCREASES
EXPECTED TO
BE LOW
According to the Total Remuneration
Survey 2020 by human
resources consultant Mercer
Thailand, average salary increases
in the Kingdom came in 3.7
per cent this year compared to
original budgets for 4.8 per cent.
It is the first time that average
salary increases dropped below
five per cent in over 10 years.
Of course workers in Europe
and the US are used to lower
rises, but in Asia where GDP
BUSINESS SUPPLEMENT
JUST THE STATISTICS
per capita is still relatively low in
comparison, rises of 5 per cent
or more are crucial to a country’s
development.
577 companies responded to
the survey of which 73.5 per cent
were foreign companies and the
remainder Thai. Small and medium
sized companies made up 42
per cent and 47 per cent of the
survey pool respectively.
Mercer's career products
leader for Thailand, Piratat Srisajalerdvaja,
was quoted as
saying, "Salaries in Thailand are
projected to increase in 2021,
but it depends on companies and
the spread of the Covid-19 and
its effect on the economy.”
THAILAND’S
POPULATION
DENSITY
CONTINUES TO
GROW
Population density is a measure
of the number of the people
sharing the land and is expressed
in people per square
kilometre.
As of 2018, Thailand had a
population density of 135.9 people
per square kilometre. This is
up from the previous year’s figure
of 135.5, or a 0.32 per cent
rise. Between 2016 and 2017 the
rise was higher at 0.35 per cent
and indeed going back ten years,
rises were typically more pronounced.
In 2008 the population
density stood at 130.9 people per
square kilometre a rise of 0.53
per cent over the prior year when
density stood at 129.5 people per
square meter.
Although it would seem that
things are levelling off the key
thing to consider is that the numbers
are cumulative.
Against worldwide figures,
Thailand sits in about 60th position
in the rankings, with the
likes of the UK and Vietnam coping
with much higher population
densities with 274 and 290 people
per square kilometre respectively.
Not surprisingly, small city
states have the highest densities.
Hong Kong has 6,781 people
per square kilometres whilst
Singapore has 7,894 people per
square kilometre. Macau is the
most densely populated place in
the world with 21,158 people per
square kilometre.
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