Thailand’s household debt-to-GDP ratio rose to 86.7% at end-2025, while a fragile labour market and elevated living cost…

In Q4-2025, Thailand’s household debt grew 0.05% YOY, reaching an 86.7% debt-to-GDP ratio, mainly due to personal consumption loans. Increasing reliance on savings cooperatives indicates tighter mainstream lending. Debt-servicing risks may rise amid job market fragility and inflationary pressures.

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