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City Review

Bangkok City Review

22 pages, Apr 2017

US$725

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About This Report

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Bangkok, the powerhouse of Thailand's economy, made up 52% of the country's total GDP in 2016. Major infrastructure facilities, a seaport and Bangkok International Airport, are the key drivers of international trade and tourism. Bangkok's financial centre is home to multiple banks of Thailand and the country's largest companies. Together commerce and business services made up half of Bangkok's economy in 2016. Higher incomes in turn are driving population growth in Bangkok.

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Overview

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BANGKOK HIGHLIGHTS

Considering the status of Thailand's main economic centre, Bangkok is characterised by enormously higher labour productivity compared to the rest of the country (+222% in 2016). The city benefits from a better educated population (21% of its population aged 15+ had higher education in 2016, versus 9% in the rest of Thailand) and a strong orientation towards business services.

Higher disposable income

High labour productivity generates higher disposable income per household in Bangkok - which was twice as high in the city compared to the rest of the country in 2016. As a result of better-paid jobs, Bangkok is a magnet for rural Thai inhabitants.

Greater consumer expenditure

Concentration of Thailand's wealthiest households in the capital and booming international tourism (Bangkok was the most visited global destination in 2016) ideally reflects household budget structure in the city. Consumer expenditure per household (excluding housing and transport) was 51% higher in Bangkok than in the rest of Thailand in 2016.

Expensive transport and housing

As of 2016, consumer expenditure on transport and housing was 238% higher in Bangkok, compared to the rest of the country. This difference is influenced by the motorisation rate being five times higher in Bangkok than in the rest of Thailand. As of 2016, average real estate prices continued to rise (5-10% growth compared to 2015) in Bangkok, due to the increase in Bangkok's overall land prices, although housing is still more affordable compared to regional cities, such as Singapore.

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Bangkok City Review

BANGKOK REVIEW AT A GLANCE

Understanding Bangkok Review structure

Chart 1 Overview

Key facts on Bangkok

Summary 1 Key Facts On Bangkok 2011, 2016, 2021

BANGKOK HIGHLIGHTS

History

Delimitation of the metropolitan region

Chart 2 Map Of Bangkok Metropolitan Area

Main business districts

ECONOMY OF THE CITY

Industrial make-up

Chart 3 Industrial Composition Of Bangkok 2016
Chart 4 Labour Productivity: Selected Cities 2016

Recent developments and outlook

Chart 5 Dynamics Of Real GDP In Bangkok, Thailand And Other Cities In Asia, 2011-2021
Summary 2 Labour Market Changes In Bangkok 2011, 2016

CONSUMER PROFILE

City demographics

Chart 6 Population By Age 2016
Chart 7 Drivers Of Population Growth In Bangkok 2011-2016

Household income

Chart 8 Household Distribution By Income In Bangkok 2016 And 2021

CONSUMER EXPENDITURE

Structure of household budget

Chart 9 Comparison Of Household Expenditure In Bangkok And Thailand, 2016
Summary 3 Bangkok Household Budget Structure By Consumer Expenditure Item, % of total, 2011, 2016, 2021

City lifestyle

Bangkok Crowned World's Most Popular Tourist Destination
Digital Infrastructure Is Growing In Tandem With Government Support

City affordability

Housing
Chart 10 Household Expenditure On Housing: Selected Cities 2016
Transport
Chart 11 Household Expenditure On Transport: Selected Cities 2016

DEFINITIONS

APPENDIX

Summary 4 GDP Development, 2011, 2016, 2021
Summary 5 GDP By Origin, Current Prices, US$, Million, 2011-2016
Summary 6 Population And Labour Force, 2011-2016
Summary 7 Employed Population By Economic Sector, % of total, 2011-2016
Summary 8 Population By Sex And Broad Age Groups, ‘000, 2011-2016
Summary 9 Population Growth, 2011-2016
Summary 10 Forecast Population Growth
Summary 11 Population By Educational Attainment, 2011-2016
Summary 12 Structure Of Consumer Expenditure By Main Category, 2011-2016
Summary 13 Consumer Expenditure By Main Category, Per Household, Constant (2016) Prices, US$, 2011, 2016, 2021
Summary 14 Households By Income Band, % Of Total, Constant (2016) Prices 2011, 2016, 2021
Summary 15 Households By Income Band, ‘000, Current Prices 2011-2016
Summary 16 Inflation, 2011-2016
Summary 17 Transport Indicators, 2011-2016
Summary 18 Air Pollution, Concentration In Micrograms Per Cubic Metre, 2011-2016
Summary 19 Possession of Consumer Durables, % of Households, 2011, 2016, 2021

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Bangkok City Review

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About This Report

New Report Guarantee

Overview

Why buy this report?

BANGKOK HIGHLIGHTS

Higher disposable income

Greater consumer expenditure

Expensive transport and housing

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Table of Contents

Bangkok City Review

BANGKOK REVIEW AT A GLANCE

Understanding Bangkok Review structure

Key facts on Bangkok

BANGKOK HIGHLIGHTS

History

Delimitation of the metropolitan region

Main business districts

ECONOMY OF THE CITY

Industrial make-up

Recent developments and outlook

CONSUMER PROFILE

City demographics

Household income

CONSUMER EXPENDITURE

Structure of household budget

City lifestyle

City affordability

DEFINITIONS

APPENDIX

Why buy this report?

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Recently Viewed

Megatrends

City Review

Bangkok City Review

New Report Guarantee

About This Report

New Report Guarantee

Overview

Why buy this report?

BANGKOK HIGHLIGHTS

Higher disposable income

Greater consumer expenditure

Expensive transport and housing

Want to find out more about this report?

Table of Contents

Bangkok City Review

BANGKOK REVIEW AT A GLANCE

Understanding Bangkok Review structure

Key facts on Bangkok

BANGKOK HIGHLIGHTS

History

Delimitation of the metropolitan region

Main business districts

ECONOMY OF THE CITY

Industrial make-up

Recent developments and outlook

CONSUMER PROFILE

City demographics

Household income

CONSUMER EXPENDITURE

Structure of household budget

City lifestyle

City affordability

DEFINITIONS

APPENDIX

Why buy this report?

Want to find out more about this report?

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