![People discuss personal loans at a Money Expo held at Bitec in December. Household debt ratio to gross domestic product was 90.5% in the first quarter. (Photo by Somchai Poomlard)](https://static.bangkokpost.com/media/content/20210630/c1_2141135_210630162742.jpg)
Thailand's household debt ratio to gross domestic product (GDP) rose to 90.5% in the first quarter, the highest since at least 2003, Bank of Thailand (BoT) data showed on Wednesday, as coronavirus outbreaks battered the tourism-reliant economy.
At the end of March, household debt increased to 14.1 trillion baht from 14.0 trillion baht at the end of December, equal to 89.4% of GDP, already among Asia's highest. The BoT's household debt data starts from 2003.