The Bank of Thailand held its benchmark interest rate at a record-low level of 0.5 percent during its August meeting, aiming to support the economy amid its worst pandemic crisis to date. Policymakers said there were significant downside risks to the economic growth outlook, and said fiscal measures would be more helpful than cutting the central bank's key rate. source: Bank of Thailand
Interest Rate in Thailand averaged 2.04 percent from 2000 until 2021, reaching an all time high of 5 percent in June of 2006 and a record low of 0.50 percent in May of 2020. This page provides - Thailand Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Thailand Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Interest Rate in Thailand is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Interest Rate is projected to trend around 1.50 percent in 2022, according to our econometric models.