Krungsri Research：2025年劳动生产率-工资差距对泰国企业的影响和风险报告（英文版）

Amid a sluggish recovery in Thailand’s economy after the pandemic, the government’s recent minimum wage hike has raised concern among businesses about rising production costs and reduced competitiveness. To address this concern, we identify sectors vulnerable to minimum wage hikes through three indicators, namely wages, labor productivity, and the labor productivity-wage gap. The results show that sectors with near-zero or negative productivity-wage gaps—especially in Electrical Equipment, Ve