Household debt-to-GDP ratio forecast to decline

The University of the Thai Chamber of Commerce (UTCC) projects that Thailand's household debt-to-GDP ratio will decrease to 84% by the end of the current year. This downward trend is anticipated to occur independently of the nation's overall GDP growth performance.

This forecast reflects ongoing efforts to manage household leverage within the Thai economy. The decline suggests a shift in the ratio of debt relative to the total economic output, providing a specific benchmark for financial health as the year concludes.