Thai household debt-to-GDP ratio drops to 88.4 at end-Q4

FILE PHOTO: The sun rises above buildings in Bangkok, Thailand, January 8, 2025. REUTERS/Chalinee Thirasupa/File Photo

31 Mar 2025 11:40PM (Updated: 31 Mar 2025 11:49PM)

BANGKOK : The ratio of household debt to gross domestic product in Thailand dropped slightly to 88.4 per cent at the end of the final quarter of 2024 from a revised 88.9 per cent at the end of the third quarter, central bank data showed on Monday.

But the amount of household debt rose to 16.42 trillion baht ($484 billion) at the end of December from 16.36 trillion baht at the end of September, among the highest levels in Asia.

($1 = 33.92 baht)

Also worth reading