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Thailand Interest Rate

Thailand's interest rate remained at 1.5% in October 2025, unchanged from August 2025. The Monetary Policy Committee maintained this rate to support economic recovery, citing impacts from U.S. trade policies and reduced domestic demand. The committee noted the continued effect of prior rate reductions and low projected inflation due to supply-side factors. They highlighted the significance of policy timing and effectiveness within limited policy flexibility. Thailand's record low interest rate was 0.5% in May 2020 and record high was 2.5% in September 2023.

Historical Data (2015-2025)

(in %)
Date Interest Rate
Oct 08, 2025 1.5%
Aug 13, 2025 1.5%
Jun 25, 2025 1.75%
Mar 31, 2025 2%
Feb 26, 2025 2%
Dec 18, 2024 2.25%
Oct 16, 2024 2.25%
Aug 21, 2024 2.5%
Jun 12, 2024 2.5%
Apr 10, 2024 2.5%
Feb 07, 2024 2.5%
Dec 31, 2023 2.5%
Nov 29, 2023 2.5%
Sep 27, 2023 2.5%
Aug 02, 2023 2.25%
Apr 30, 2023 1.75%
Mar 29, 2023 1.75%
Jan 25, 2023 1.5%
Oct 31, 2022 1%
Sep 28, 2022 1%
Aug 10, 2022 0.75%
Jun 08, 2022 0.5%
Mar 30, 2022 0.5%
Feb 09, 2022 0.5%
Dec 22, 2021 0.5%
Nov 10, 2021 0.5%
Sep 29, 2021 0.5%
Aug 04, 2021 0.5%
Jun 23, 2021 0.5%
May 05, 2021 0.5%
Mar 24, 2021 0.5%
Feb 03, 2021 0.5%
Dec 23, 2020 0.5%
Nov 18, 2020 0.5%
Sep 23, 2020 0.5%
Aug 05, 2020 0.5%
Jun 24, 2020 0.5%
May 20, 2020 0.5%
Mar 25, 2020 0.75%
Feb 05, 2020 1%
Dec 18, 2019 1.25%
Nov 06, 2019 1.25%
Sep 18, 2019 1.5%
Aug 07, 2019 1.5%
Jun 19, 2019 1.75%
May 08, 2019 1.75%
Mar 20, 2019 1.75%
Feb 06, 2019 1.75%
Dec 19, 2018 1.75%
Nov 14, 2018 1.5%
Sep 19, 2018 1.5%
Aug 08, 2018 1.5%
Jun 20, 2018 1.5%
May 16, 2018 1.5%
Mar 28, 2018 1.5%
Feb 14, 2018 1.5%
Dec 20, 2017 1.5%
Nov 08, 2017 1.5%
Sep 27, 2017 1.5%
Aug 16, 2017 1.5%
Jul 05, 2017 1.5%
May 24, 2017 1.5%
Mar 29, 2017 1.5%
Feb 08, 2017 1.5%
Dec 21, 2016 1.5%
Nov 09, 2016 1.5%
Sep 14, 2016 1.5%
Aug 03, 2016 1.5%
Jun 22, 2016 1.5%
May 11, 2016 1.5%
Mar 23, 2016 1.5%
Feb 03, 2016 1.5%
Dec 16, 2015 1.5%
Nov 04, 2015 1.5%
Sep 16, 2015 1.5%

Recent Events

datetime event actual previous consensus
2025-10-08 03:00 AM Interest Rate Decision 1.5% 1.5% 1.25%

Next Release Date :

Thailand Interest Rate : Definition
The Interest Rate set by the Bank of Thailand is the benchmark cost of borrowing in the economy. It influences lending, spending, investment, inflation, and overall financial stability.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 2.1% 1.4% Dec'24
Debt to GDP Ratio 63.7% 61.9% Dec'24
Private Credit (% GDP) 148.01% 154.14% 2024