Share of millennials with debt Thailand 2019, by type of debt

Published by Andreas Walderich, Dec 14, 2022
In 2019, around 20 percent of millennials defaulted on their loans in Thailand. In that year, consumerism, impulse purchasing, and experience economy were the main reasons for rising debt levels among millennials in Thailand.

Share of millennials with debt in Thailand in 2019, by type of debt

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Release date

November 2019

Region

Thailand

Survey time period

2019

Supplementary notes

Data gathered from those with debt which was 50 percent of the total sample size of 14.4 million millennials or gen Ys.

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