Recent decline in population has raised concerns about the sustainability of Bangkok’s housing market. Over the next two decades, statistical trends indicate a decrease in population across all age groups, particularly a significant decline of approximately 6-7% among younger age groups.
Currently, Bangkok’s population is around 5.5 million people, showing no clear growth trend but rather occasional fluctuations. Although some communities experience population decline, new community developments help offset the decrease.
In contrast, the provinces surrounding Bangkok have a population of approximately 5.5 million people, with a growth rate of 1.5% per year. Considering the combined population of Bangkok and its surrounding provinces as a whole, the increasing population on the outskirts contributes to the region’s overall expansion.
