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Thailand’s State Monetary and Fiscal Policy Committee has decided to raise the ceiling of the public debt-to-GDP ratio from 60% to 70%
The COVID-19 situation caused the economy to contract in 2020, raising the level of household debt against gross domestic product (GDP) to 86.6 percent in the...
Currently, Thailand's ratio of public debt to gross domestic product (GDP) stands at 49.34 percent, which is below the Fiscal Sustainability Framework set at 60 percent.
As of September this year, the Debt Clinic project has helped some 8,300 card debtors. On average, each debtor has three cards, carrying a debt of...
The two largest Asian economies, China and Japan, have some of the highest levels of debt in the world, at the end of 2017 Japan’s total...
19 of Moody's 25 rated APAC sovereigns have stable outlooks, while four have negative outlooks and two have positive outlooks
According to World Bank study, the debt-to-GDP ratio of developing countries has climbed 54 percentage points to 168 percent since the debt buildup began in 2010.
Thailand is now a top-ten highest household debt country among 89 countries worldwide and third highest among 29 Asian countries.