HSBC survey rates Thailand lower than in 2017 rankings

Published:  12 Oct at 6 PM
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A recently published HSBC survey ranks Thailand six points lower than in last year’s listings.

Once one of the most popular destinations for expat retirees, Thailand has slipped still further in the results of the latest Expat Explorer survey, losing six points from last year’s results and finishing 21st out of the 31 countries whose rankings were released earlier this week. Expats rated property and general health highly, with disposable income also scoring well, but the final result was affected by low scores in a number of other categories.

The quality of education, job security, politics, career progression, entrepreneurship and wage growth all had very low ratings, as against the disposable income and property categories, both of which scored highly. The personal safety category let the overall score down, and culture, finance and economic confidence were scored in the middle range along with work/life balance. Doing slightly better were the healthcare and making friends sectors, and family life as regards closeness with the partner and the overall cost of childcare scored well. Overall, Thailand’s ranking was one place below Russia’s and one above the UK.

In addition to Thailand, the Philippines’ score was even lower, coming in at 28th overall out of the recently published results at just one place below China, and Vietnam scraped two points higher than Thailand at 19th. Unsurprisingly, Singapore topped the list and took first place, with Malaysia holding its own at no.15 but losing three points from last year’s score. Hong Kong’s 17th place was overtaken by Indonesia at 13th, and Taiwan came in at 11th.

It has to be said that this and most other surveys seem to be mostly based on working expats’ judgements of their locations but, in countries such as Thailand, the expat retirement communities play a large part and might well produce different results were they surveyed as a sector.
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