Summary of Thai Household Debt What do Thai people owe?

"Thai household debt" is not close to today.

.

Latest as of Q4 2025

Thai household debt is 16.44 trillion.

It accounts for 86.7% per GDP.

.

In fact, we can see that the proportion of debt to GDP has declined.

.

But if you look really deep, you'll find

Some of the declining numbers

Caused by a larger GDP.

It's not because the Thai people's debt is gone.

.

Because if you look at the total amount of debt,

Household debt has barely declined.

.

What I think is very interesting is...

Thai people's debt structure now

Start reflecting on multiple problems simultaneously.

.

The largest debt in the country.

Still "home debt."

About 5.73 trillion.

It accounts for nearly 35% of the total debt.

.

In fact, home debt is not always a bad thing.

Because it's debt with "supporting assets."

And many of them are tinkering to stabilize their lives.

.

But what's getting more worrying is...

"Consumption debt."

.

Both credit cards.

Personal loans

And debt to spend short-term.

.

Most recently, this group of debts is worth more than 5.01 trillion.

Almost the size of the whole country's house debt.

.

And the key is...

Most of this type of debt

Does not create assets

But create a "burden of interest."

.

Simply put,

Many people are using "future income."

Let's solve the liquidity problem today.

.

Another thing I think is interesting...

Car debt continued to decline.

By the latest, it is down about 8.44% YoY.

.

But this doesn't mean

Thai people are always better financially.

.

Because the other corner

It may reflect that.

.

• Banks are getting harder to lend.

• Financial institutions are becoming more careful

• People can't recover.

• And the purchasing power of people began to weaken.

.

Simply put,...

The economy is now not an era when anyone wants to recover as before.

.

The most worrying thing, really.

Maybe it's not just "the amount of debt."

But "the ability to pay the debt."

.

Because the past

The cost of living is rising.

Many income groups have not fully recovered.

Many SME businesses are still tired.

.

While the financial institutions themselves

It's getting tighter with loans.

Especially income groups below 30,000 baht

.

That means...

People who start having liquidity problems.

It may become increasingly difficult to access new loans.

.

Another point that still needs to be watched is "bad debt."

.

Recent credit bureau information

It was revealed that the total bad debt was about 1.22 trillion.

.

And part hunk.

From

.

• Personal loans

• Car loans

• And home loans

.

This is reflecting that...

The debt problem today.

Not just to a small group of people anymore.

Finally, I think...

Debt is not wrong.

.

But the terrible debt is

The debt we started "out of control."

.

So in this fragile era,

The important thing may not be to rush to "make rich."

.

But is to gradually build

.

• Liquidity

• Reserves

• Financial discipline

• And the ability to survive long-term.

.

Because in a world where the cost of life is getting higher and higher,

Someone who survived well.

Probably not the fastest-growing one.

But the "hardest to fall" one.

.

WIN.ITTISAK

.

* Based on BOT / Creditburo / Q4 2025 data

* This article is provided only to summarize financial information and views.

.

# guruliving # Finance # Household debt # Thai economy # Financial planning