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Bangkok Post

Business

HISTORICAL FACTS: K research sees slight dip in debt - Caught on Camera

KResearch NPL

The atmosphere at a debt reconciliation fair held to assist people with debt and personal loans. The household debt-to-GDP ratio is estimated to fall this year from 86.8% in 2022. Apichit Jinakul

Kasikorn Research Center (K-Research) forecasts household debt-to-GDP will decline to 84-86.5% this year from 86.8% in 2022.

Rising interest rates should make individuals more cautious about applying for new loans, said the research house.

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