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
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)
Source: Reuters
