Financial Report Insights

Thailand interest rate

Bank of Thailand

Policy rate
1.00%
Sep 17, 2026
Last move
−0.25 pt
Feb 2026
Inflation
2.4%
Jun 2026
10-year bond yield
2.11%
Aug 2026

The policy rate set by the Bank of Thailand is 1.00% as of Sep 17, 2026. Its most recent move: it cut its rate from 1.25% to 1.00% (Feb 2026). The rate is 0.50 percentage points lower than a year earlier. With consumer prices up 2.4% over the 12 months to Jun 2026, the real rate (policy rate minus inflation) is −1.4%: borrowing costs are below inflation.

Policy rate over the past two years

Aug 2024Sep 17, 2026
Sep 17, 2026: 1.00%

Rate changes

WhenDecisionFromToChange
Feb 2026Cut1.25%1.00%−0.25 pt
Dec 2025Cut1.50%1.25%−0.25 pt
Aug 2025Cut1.75%1.50%−0.25 pt
Apr 2025Cut2.00%1.75%−0.25 pt
Feb 2025Cut2.25%2.00%−0.25 pt
Oct 2024Cut2.50%2.25%−0.25 pt

Changes between month-end rates, plus the latest daily reading. Two decisions in one month show up as a single change.

Inflation (% vs a year earlier)

Jul 2024Jun 2026
Jun 2026: 2.4%

10-year government bond yield

Aug 2024Aug 2026
Aug 2026: 2.11%

Other central banks in Asia

Source: BIS; inflation: IMF CPI; bond yield: IMF monetary statistics. Updated daily. All central bank rates · Thailand economy dashboard