Grey Economy
While most of Southeast Asia is expected to enjoy relatively young populations in the decades ahead, Thailand is aging rapidly.
Age 65 and over 8.9%
Thailand population
Age 65 and over 19.5%
Thailand population
Data from the United Nations (U.N.) shows that 8.9 percent of the population was aged 65 and over in 2010. This is projected to increase to 19.5 percent in 2030.
Thailand is the old man of Southeast Asia “Thailand’s aging demographic is very serious and there is a sense that this is not being discussed at the policy level,” said HSBC ASEAN economist Su Sian Lim. The United Nations (U.N.) expects Thailand’s working-age population, those aged between 15 and 64, to peak in 2017. However, its data show that 8.9 percent of the population was aged 65 and over in 2010. This is projected to increase to 19.5 percent in 2030. Source: CNBC and The United Nations http://www.cnbc.com/id/101119344#