T&S Asset Management

Thailand

Thai commercial banks reported an NPL ratio of 2.82% and loan growth of 2.0% year on year in Q2 2026, while household debt stood at 85.9% of GDP in Q1 2026 and the policy rate at 1.00%.

Last updated
28 Sep 2026
Latest data as of
31 Aug 2026
Household debt to GDP
BOT household debt statistics not obtained directly; as reported.
85.9%31 Mar 2026 · The Nation: Thai household debt nears THB800,000, highest in 17 years (2026-09-17)
Commercial bank NPL ratio2.82%vs 2.85% in Q1 202630 Jun 2026 · Bank of Thailand: Banking Sector Quarterly Brief (Q2 2026) (2026-08-18)
Commercial bank loan growth, y/y2.0%30 Jun 2026 · Bank of Thailand: Banking Sector Quarterly Brief (Q2 2026) (2026-08-18)
Bank of Thailand policy rate
As reported by ADB.
1.00%31 Aug 2026 · ADB: Developing Southeast Asia, Asian Development Outlook September 2026 (2026-09-23)

Key indicators and definitions

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IndicatorValueDefinition and scopeBasis dateSourceDefinition and source
Household debt to GDP85.9%
BOT household debt statistics not obtained directly; as reported.
Household debt outstanding / GDPHouseholds31 Mar 2026The Nation: Thai household debt nears THB800,000, highest in 17 years (2026-09-17)
Definition and source

Household debt outstanding / GDP

Scope: Households

Source: The Nation: Thai household debt nears THB800,000, highest in 17 years (2026-09-17)

Commercial bank NPL ratio2.82%vs 2.85% in Q1 2026Gross non-performing loans / total loans, Thai commercial banks (BOT)Commercial banking system30 Jun 2026Bank of Thailand: Banking Sector Quarterly Brief (Q2 2026) (2026-08-18)
Definition and source

Gross non-performing loans / total loans, Thai commercial banks (BOT)

Scope: Commercial banking system

Source: Bank of Thailand: Banking Sector Quarterly Brief (Q2 2026) (2026-08-18)

Commercial bank loan growth, y/y2.0%Year-on-year growth of commercial bank loansCommercial banking system30 Jun 2026Bank of Thailand: Banking Sector Quarterly Brief (Q2 2026) (2026-08-18)
Definition and source

Year-on-year growth of commercial bank loans

Scope: Commercial banking system

Source: Bank of Thailand: Banking Sector Quarterly Brief (Q2 2026) (2026-08-18)

Bank of Thailand policy rate1.00%
As reported by ADB.
One-day repurchase rate set by the BOT Monetary Policy CommitteeMonetary policy31 Aug 2026ADB: Developing Southeast Asia, Asian Development Outlook September 2026 (2026-09-23)
Definition and source

One-day repurchase rate set by the BOT Monetary Policy Committee

Scope: Monetary policy

Source: ADB: Developing Southeast Asia, Asian Development Outlook September 2026 (2026-09-23)