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House Price to Income Ratio - Thailand Compared to Continent

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India 1,183.22x
Cambodia 422.83x
Vietnam 255.94x
Philippines 121.95x
China 109.64x
Indonesia 74.23x
Thailand 73.30x
Hong Kong 55.07x
Japan 46.59x
Singapore 31.40x
Taiwan 27.18x
Malaysia 22.22x

 

 

Thailand: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.

 

Thailand releases a quarterly house price index through the Bank of Thailand. The same source publishes general economics statistics. Regional price indices are available from the Bureau of Trade and Economic Indices.




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