Household debt increases Bt136 billion in second quarter
Thai household debt in the second quarter of 2021 recorded at 14.27 trillion baht, or 89.3 per cent of GDP, comparing to 14.14 trillion baht recorded in the first quarter, or 90.6 per cent of GDP, which was the highest point of household debt per GDP in the past 18 years, Kasikorn Research Centre revealed on Friday (October 1).
“Thai economy in the second quarter is expanding faster than household debt, with nominal GDP expanding at 10.7 per cent year on year, while the household debt in second quarter is expanding at 5 per cent year on year,” said the centre.
The Nation Reporter
