Thai household debt reached a 17-year high of 794,945 baht per household on average (up 7.3% year-on-year), with the national total projected to hit 16.5–16.6 trillion baht by year-end 2026. A University of Thai Chamber of Commerce survey found 91.8% of households carry debt, driven primarily by inflation, insufficient income, and unexpected expenses. While debt-to-GDP ratios may improve modestly if the economy grows 2–2.5%, household repayment capacity remains fragile: 26.9% cannot service debt within 6 months, and 67.5% have experienced payment delays in the past year. SMEs and lower-income groups face the greatest pressure from rising living costs and weakening economic recovery.