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Posted

Quite often questions asked about things like income in Thailand

You may all know about this site, but I did not:

knoema.com

Some interesting Thai data, though, of course, you can never be sure here of its reliability. But Correlations, or not!?, between household income, land use, poverty.

Was delighted to see that, as far as I can tell only in Phuket did household expenditure exceed household income!!

Posted

Very interesting. Thank you, "laolover88", for posting. And, like, "Halfaboy", I hope the underlying data is accurate.

Posted

How can it be accurate? Is the data saying that Thai household debt doesn't really exist?

"Thai households have an average debt of 248,004 baht each this year which represents an increase of 13.16 percent of last years average of a 219,158 baht which is the highest in ten years, according to a poll result of the University of Thai Chamber of Commerce."

http://englishnews.thaipbs.or.th/content/126220

Posted

How can it be accurate? Is the data saying that Thai household debt doesn't really exist?

"Thai households have an average debt of 248,004 baht each this year which represents an increase of 13.16 percent of last years average of a 219,158 baht which is the highest in ten years, according to a poll result of the University of Thai Chamber of Commerce."

http://englishnews.thaipbs.or.th/content/126220

One thing I have learned in Thailand is do not believe the polls. They took a survey of 1200 homes and said that was what all of Thailand is. did they take them in Bangkok or a couple of small villages in Issan?

Posted

How can it be accurate? Is the data saying that Thai household debt doesn't really exist?

"Thai households have an average debt of 248,004 baht each this year which represents an increase of 13.16 percent of last years average of a 219,158 baht which is the highest in ten years, according to a poll result of the University of Thai Chamber of Commerce."

http://englishnews.thaipbs.or.th/content/126220

Are you aware of any country in the world where household debt isn't on the rise ?

The purpose of data is to figure out how the debt compares to the income.

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