Thai PBS Thai PBS
The burden of age: why Thailand must prepare now for a growing greying society

The burden of age: why Thailand must prepare now for a growing greying society

21 Sept 05:22 Key points summarised by AI
  • Thailand faces an alarming demographic crisis with a plummeting birthrate and a rapidly aging population, projected to become "super-aged" by 2031 and see its population halve by 2100.
  • This demographic shift places immense financial strain on the younger generation, who struggle with low incomes and rising costs while supporting elderly family members.
  • The government is currently unprepared for the escalating fiscal burden of increased welfare and healthcare costs, coupled with a shrinking workforce and taxpayer base.
  • Urgent action is required, including economic reforms, tax structure overhauls, and fostering innovation to generate wealth and adequately fund social support and healthcare before the crisis deepens.
Read full article
Lifestyle 1/3
Skip > Skip >