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Bangkok Post
Bangkok Post
Business

Household debt ratio eases slightly

A couple talks with advisers at a Debt Mediation Fair held by the Legal Execution Department at the Chaeng Watthana Government Complex in Bangkok in March this year. (Bangkok Post File Photo)

The country’s household ratio eased to 86.8% of gross domestic product in the third quarter from 88.1% in the previous quarter, the Bank of Thailand said on Friday, as the economy continued to recover.

The ratio is still among Asia’s highest, however, and the amount of debt increased to 14.9 trillion baht at the end of September from 14.76 trillion at the end of June.

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