A Thai street vendor waits for customers in Bangkok. Photo: Shutterstock
In Thailand, having a regular job could still leave you US$218,000 in debt
- Meagre incomes don’t leave workers with much at the end of the month, and millions are pushed deeper into debt as they take out new loans to get by
- Poor financial literacy, inflation and rising interest rates also worsen household debt, which reached US$394 million in 2021, analysts say
A Thai street vendor waits for customers in Bangkok. Photo: Shutterstock