Thailand’s household debt forecast to jump to 95% of GDP this year

The average household debt in Thailand has increased 5.09% year on year, to 217,952.59 baht, the highest in 14 years, and this year the debt may reach 95% of the gross domestic product (GDP), according to the forecast of the Centre for Economic and Business Forecasting of the University of the Thai Chamber of Commerce … Continue reading Thailand’s household debt forecast to jump to 95% of GDP this year