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4 Sep 2024

Econ Digest

Despite a nationwide decline in student and school numbers due to a falling birth rate, international schools in Thailand continue to expand

คะแนนเฉลี่ย
  • The international school business in Thailand continues to grow, contrary to the overall decline in the number of students and schools in Thailand, which is following the trend of decreasing birth rates. This is due to the increasing popularity of foreign education curricula and the rising number of parents with greater investment potential in education, leading to the growth in popularity of international schools.
  • In 2024, the international school market is expected to grow by 13%, when compared to the previous year, with a value exceeding 80 billion baht, driven by the increase in the number of international students and schools, as well as the rising tuition fees.
  • International schools are also expected to expand further outside of Bangkok due to the limited space in the capital and intense competition among the large number of schools in Bangkok.

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