The Bank of Thailand (BoT) is worried about high household debt levels, an official said on Thursday, as the debt ratio hit 90.1% of gross domestic product at the end of 2021 amid a slow economic recovery.
The concern was focused on consumer loans that account for about 28% of the total debt, a relatively high level compared with other countries, senior director Suwannee Jatsadasak said on the central bank's Youtube channel.
