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Thailand household financial conditions fragile, central bank chief says

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Published Fri, Sep 20, 2024 · 10:52 AM
    • Thai household debt stood at 90.8 per cent of GDP as of March this year, among the highest in Asia.
    • Thai household debt stood at 90.8 per cent of GDP as of March this year, among the highest in Asia. PHOTO: AFP

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    THAILAND’S household financial conditions are fragile amid high debt levels, the central bank chief said on Friday.

    Investment has also been low, Bank of Thailand Governor Sethaput Suthiwartnarueput told a symposium.

    Thai household debt stood at 90.8 per cent of GDP as of March this year, among the highest in Asia. REUTERS

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