House Prices/GDP per Capita in Thailand compared to Asia
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 quarterly house price indices 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.