Low-income households struggle under rapidly mounting debt

Thai workers have shouldered ever-higher household debt in the past 10 years as their incomes have not been adequate to meet their expenses, according to a survey.

Thai workers’ household debt averaged Bt91,064 per household in 2010 and jumped 6 per cent per year to Bt158,856 per household in 2019, according to a University of Thai Chamber of Commerce survey.

Keep reading…

The Nation Reporter