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Bangkok Post

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MYSTERIOUS: Drowning in debt | Mind Blowing Facts

Chotechuang Soorangura Thailand Kriengkrai Thiennukul GDP the Bank of Thailand KResearch Economic Growth Pandemic Bank of Thailand

Thailand's household debt is estimated to total 84% of GDP by 2027, according to the Bank of Thailand.

Household debt has long been a concern for Thailand, impeding consumer spending and hindering economic growth.

According to data provided by the National Economic and Social Development Council, Thailand's household debt reached 15.1 trillion baht in the fourth quarter of 2022, marking a 3.5% increase year-on-year.

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