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After fifty years of almost continuous economic growth in Thailand, it is now possible to reevaluate the developmental process of the education system. Until now, the structural indicators of education development that have been mainly used are the level and pace of the increases in public expenditure on education, the effect of increasing enrolment on social mobility, and the private and public distribution of investment in education. The impact of these factors undeniably offers a better understanding of the quantitative advances in education. However, the dynamics of the education system nowadays encounter structural limits related to both the integration of what is now widespread education within the social structures and Thailand's contribution to globalization. As a result, the contribution of education to the growth regime is increasingly questioned. The aim of this paper is to use a historical approach to explore this evolution. Theoretical and historical perspectives are combined within a quantitative history methodology, drawing on new time-series.