indebtedness
Bank and microfinance institution offices in Phnom Penh (Matt Surrusco)

Opinion: Amid Rising Debt, a Case for Personal Bankruptcy Law, Stronger Protections

Overindebtedness was a growing problem in Cambodia even before the pandemic struck. According to the Cambodia Socio-Economic Survey of 2019-2020, the average outstanding loan of $4,435 per household was an increase of around 85 percent compared to 2017 and a significant increase of 339 percent compared to 2014.