thailand predictions for 2024
Read 10 predictions about Thailand in 2024, a year that will see this country experience significant change in its politics, economics, technology, culture, and environment. It’s your future, discover what you’re in for.
Quantumrun Foresight prepared this list; A trend intelligence consulting firm that uses strategic foresight to help companies thrive from future trends in foresight. This is just one of many possible futures society may experience.
International relations predictions for Thailand in 2024
International relations predictions to impact Thailand in 2024 include:
Politics predictions for Thailand in 2024
Politics related predictions to impact Thailand in 2024 include:
Government predictions for Thailand in 2024
Government related predictions to impact Thailand in 2024 include:
- The new minimum wage is above the inflation rate but is unlikely to be raised to 400 baht (US$11.12) per day as initially proposed due to fears of the adverse effect on small and medium-sized enterprises. Likelihood: 65 percent.1
- The government borrows about 2.4 trillion baht (USD $66.4 billion) for the fiscal year, up about 9% year-over-year. Likelihood: 70 percent.1
- The mandatory retirement age for all government officials is 63 from this year on, up from the previous 60 in 2021. Likelihood: 100 Percent1
Economy predictions for Thailand in 2024
Economy related predictions to impact Thailand in 2024 include:
- Thailand's cannabis industry grows to USD $661 million (21 billion baht) by this year. Likelihood: 80 Percent1
- Thailand's public debt rises to 10.4 trillion baht this year, accounting for 48.6% of GDP, up from 42.08% of Thailand's GDP in 2018. Likelihood: 100 Percent1
- Thailand's GDP increases to 21.7 trillion baht this year, up from 18.4 trillion baht in 2021. Likelihood: 75 Percent1
Technology predictions for Thailand in 2024
Technology related predictions to impact Thailand in 2024 include:
Culture predictions for Thailand in 2024
Culture related predictions to impact Thailand in 2024 include:
- For the first time, the Songkran Festival (Thai New Year) is celebrated during the entire month of April instead of the traditional three days to boost Thailand’s standing among the top 10 global destinations for festivals. Likelihood: 70 percent.1
- Thailand and Japan become the most popular travel destinations globally. Likelihood: 65 percent.1
Defense predictions for in 2024
Defense related predictions to impact Thailand in 2024 include:
Infrastructure predictions for Thailand in 2024
Infrastructure related predictions to impact Thailand in 2024 include:
Environment predictions for Thailand in 2024
Environment related predictions to impact Thailand in 2024 include:
Science predictions for Thailand in 2024
Science related predictions to impact Thailand in 2024 include:
Health predictions for Thailand in 2024
Health related predictions to impact Thailand in 2024 include:
More predictions from 2024
Read the top global predictions from 2024 - click here
Next scheduled update for this resource page
January 7, 2022. Last updated January 7, 2020.
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