Cooperatives in Thailand continue to play a significant role in supporting the country’s economy and improving the livelihoods of farmers, workers, and marginalised communities, according to information shared by cooperative sector sources.
Thailand’s cooperative movement dates back to 1916, when the country established its first cooperative to assist small and indebted farmers struggling during the transition from a self-sufficient rural economy to a trade-based economic system. The initiative aimed to reduce financial distress among farmers and improve access to credit and agricultural support.
Over the decades, cooperatives have expanded their presence across agriculture, credit, and service sectors, emerging as an important pillar of community-based economic development in the country. Cooperative institutions in Thailand are known for supporting rural livelihoods, strengthening financial inclusion, and promoting collective growth among local communities.
The cooperative movement is also regarded as an important contributor to Thailand’s economy through agricultural marketing, farm support services, savings and credit activities, and community welfare initiatives.
