Households Debt in Thailand decreased to 89.20 percent of GDP in the fourth quarter of 2024 from 89.80 percent of GDP in the third quarter of 2024. This dataset provides - Thailand Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Thailand Household Debt: % of GDP

• Thailand household debt accounted for 88.8 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 89.7 % in the previous quarter.
• Thailand household debt to GDP ratio is updated quarterly, available from Mar 2003 to Sep 2024.
• The data reached an all-time high of 95.5 % in Mar 2021 and a record low of 40.6 % in Mar 2003.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. The Bank of Thailand provides Household Debt in local currency. The Office of the National Economic and Social Development Council provides Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics. Household Debt as % of Nominal GDP prior to Q1 2012 excludes Student Loan Fund, National Housing Authority, Agricultural Cooperatives, Fisheries Cooperatives, Land Settlement Cooperatives, Consumer Cooperatives and Service Cooperatives.


Related information about Thailand Household Debt: % of GDP

• In the latest reports, Thailand Household Debt reached 445.6 USD bn in Mar 2023.
• Money Supply M2 in Thailand increased 3.3 % YoY in Dec 2024.
• Thailand Foreign Exchange Reserves was measured at 214.5 USD bn in Jan 2025.
• The Foreign Exchange Reserves equaled 7.9 Months of Import in Jan 2025.
• Thailand Domestic Credit reached 786.6 USD bn in Dec 2024, representing an increased of 1.9 % YoY.

In 2023, Thailand's household debt amounted to around **** trillion Thai baht. The amount has been rising throughout the examined period.

Key information about Thailand Household Debt

• Thailand Household Debt reached 436.3 USD bn in Dec 2022, compared with the reported number of 395.1 USD bn in the previous quarter
• Thailand Household Debt: USD mn data is updated quarterly, available from Mar 2003 to Dec 2022
• The data reached an all-time high of 467.3 USD bn in Dec 2020 and a record low of 56.0 USD bn in Mar 2003

CEIC converts quarterly Household Debt into USD. The Bank of Thailand provides Household Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions. Loans are used due to the lack of Flow of Funds statistics.


Further information about Thailand Household Debt

• In the latest reports, Thailand Household Debt accounted for 86.9 % of the country's Nominal GDP in Dec 2022
• Money Supply M2 in Thailand increased 739.7 USD bn YoY in Apr 2023
• Thailand Foreign Exchange Reserves was measured at 198.7 USD bn in May 2023
• The Foreign Exchange Reserves equaled 8.7 Months of Import in Apr 2023
• Thailand Domestic Credit reached 756.1 USD bn in Apr 2023, representing an increased of 3.7 % YoY

In 2023, household debt in Thailand amounted to over ** percent of its GDP. The debt of households peaked in 2021, reaching the highest value since 2013.

Household debt to GDP, in percent in Thailand, September, 2024 The most recent value is 89.7 percent as of September 2024, a decline compared to the previous value of 90.5 percent. Historically, the average for Thailand from December 1991 to September 2024 is 65.83 percent. The minimum of 30.7 percent was recorded in December 1991, while the maximum of 96.5 percent was reached in March 2021. | TheGlobalEconomy.com

In 2023, Thailand's average debt per household was highest in the southern region, reaching around ******* Thai baht per household. In that same year, almost half of the households in Thailand had debt.

In 2023, the average debt per household in Thailand amounted to almost ******* Thai baht, indicating a slight decrease compared to 2021. The average household debt in the country has fluctuated over the observed period.

Number of Indebted Household: Greater Bangkok data was reported at 1,781,987.000 Unit in 2017. This records an increase from the previous number of 1,691,033.800 Unit for 2015. Number of Indebted Household: Greater Bangkok data is updated yearly, averaging 1,278,900.000 Unit from Dec 2006 (Median) to 2017, with 7 observations. The data reached an all-time high of 1,781,987.000 Unit in 2017 and a record low of 1,216,700.000 Unit in 2006. Number of Indebted Household: Greater Bangkok data remains active status in CEIC and is reported by National Statistical Office. The data is categorized under Global Database’s Thailand – Table TH.H013: Household Socio Economic Survey: Household Debt.

Thailand recorded a Government Debt to GDP of 63.70 percent of the country's Gross Domestic Product in 2024. This dataset provides - Thailand Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Thailand Number of Indebted Household (IH): Whole Kingdom data was reported at 10,988,380.000 Unit in 2017. This records an increase from the previous number of 10,469,834.500 Unit for 2015. Thailand Number of Indebted Household (IH): Whole Kingdom data is updated yearly, averaging 11,151,934.000 Unit from Dec 2006 (Median) to 2017, with 7 observations. The data reached an all-time high of 11,921,887.000 Unit in 2009 and a record low of 10,469,834.500 Unit in 2015. Thailand Number of Indebted Household (IH): Whole Kingdom data remains active status in CEIC and is reported by National Statistical Office. The data is categorized under Global Database’s Thailand – Table TH.H013: Household Socio Economic Survey: Household Debt.

Graph and download economic data for Outstanding Domestic Public Debt Securities to GDP for Thailand (DDDM04THA156NWDB) from 1994 to 2020 about Thailand, public, debt, securities, domestic, and GDP.

Thailands Haushaltsverschuldung belief sich im 2022-12 auf 436,311.8 USD Mio.. Dies stellt einen Anstieg im Vergleich zu den vorherigen Zahlen von 395,093.3 USD Mio. für 2022-09 dar. Thailands Haushaltsverschuldung werden vierteljährlich aktualisiert, mit einem Durchschnitt von 294,922.2 USD Mio. von 2003-03 bis 2022-12, mit 80 Beobachtungen. Die Daten erreichten ein Allzeithoch in Höhe von 467,316.8 USD Mio. im 2020-12 und ein Rekordtief in Höhe von 56,017.8 USD Mio. im 2003-03. Thailands Haushaltsverschuldung Daten behalten den Aktiv-Status in CEIC und werden von CEIC Data gemeldet. Die Daten werden unter World Trend Pluss Global Economic Monitor – Table: Household Debt: USD: Quarterly kategorisiert.

Thailand Average Household Debt (AHD): Whole Kingdom data was reported at 177,128.000 THB in 2017. This records an increase from the previous number of 156,770.460 THB for 2015. Thailand Average Household Debt (AHD): Whole Kingdom data is updated yearly, averaging 104,571.000 THB from Dec 1994 (Median) to 2017, with 15 observations. The data reached an all-time high of 177,128.000 THB in 2017 and a record low of 31,387.000 THB in 1994. Thailand Average Household Debt (AHD): Whole Kingdom data remains active status in CEIC and is reported by National Statistical Office. The data is categorized under Global Database’s Thailand – Table TH.H013: Household Socio Economic Survey: Household Debt.

In 2023, around ** percent of Thailand's households had debt. In the same year, household debt in the country reached more than ** trillion Thai baht.

Graph and download economic data for Outstanding International Public Debt Securities to GDP for Thailand (DDDM06THA156NWDB) from 1980 to 2017 about Thailand, public, debt, securities, and GDP.

In 2023, purchasing a house and land contributed to the largest portion of household debt in Thailand, with over ** percent. In the same year, the average household debt in Thailand amounted to almost ******* Thai baht.

Thailand AHD: Central: Consumption: Household Consumption data was reported at 59,924.000 THB in 2017. This records an increase from the previous number of 59,708.890 THB for 2015. Thailand AHD: Central: Consumption: Household Consumption data is updated yearly, averaging 37,933.000 THB from Dec 2004 (Median) to 2017, with 8 observations. The data reached an all-time high of 59,924.000 THB in 2017 and a record low of 28,476.000 THB in 2004. Thailand AHD: Central: Consumption: Household Consumption data remains active status in CEIC and is reported by National Statistical Office. The data is categorized under Global Database’s Thailand – Table TH.H014: Household Socio Economic Survey: Household Debt.

The ratio of national debt to gross domestic product (GDP) of Thailand was estimated at about 63.20 percent in 2024. Between 1996 and 2024, the ratio rose by approximately 48.01 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio will steadily rise by around 5.06 percentage points over the period from 2024 to 2030, reflecting a clear upward trend.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Graph and download economic data for Exchange Rate Adjusted Changes of Domestic Debt Securities for All Issuers, Residence of Issuer in Thailand (DSAMRIAOAERTH) from Q2 2005 to Q4 2022 about Thailand, adjusted, debt, exchange rate, residents, securities, domestic, and rate.