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Thailand Briefings 2021: Thai Q3 household debt jumps to 86.6% of GDP

01 Jan 2021

Thailand’s household debt levels jumped to 86.6% of the country’s gross domestic product (GDO) during the third quarter of 2020, the highest since 2003 according to data from the Central Bank of Thailand. Household debt reached THB 13.77 trillion during the quarter ended September, up from THB 13.58 trillion¬† at the end of June when household debt amounted to 83.8% of GDP, already among the highest in Asia according to a Reuters report.