TH · Country summary
Thailand
Last updated: 28 Sep 2026
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%.
Key indicators and definitions
| Indicator | Value | Definition and scope | Basis date | Source | Definition and source |
|---|---|---|---|---|---|
| Household debt to GDP | 85.9%BOT household debt statistics not obtained directly; as reported. | Household debt outstanding / GDPHouseholds | 31 Mar 2026 | The Nation: Thai household debt nears THB800,000, highest in 17 years (2026-09-17) | Definition and sourceHousehold debt outstanding / GDP Scope: Households Source: The Nation: Thai household debt nears THB800,000, highest in 17 years (2026-09-17) |
| Commercial bank NPL ratio | 2.82%vs 2.85% in Q1 2026 | Gross non-performing loans / total loans, Thai commercial banks (BOT)Commercial banking system | 30 Jun 2026 | Bank of Thailand: Banking Sector Quarterly Brief (Q2 2026) (2026-08-18) | Definition and sourceGross 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/y | 2.0% | Year-on-year growth of commercial bank loansCommercial banking system | 30 Jun 2026 | Bank of Thailand: Banking Sector Quarterly Brief (Q2 2026) (2026-08-18) | Definition and sourceYear-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 rate | 1.00%As reported by ADB. | One-day repurchase rate set by the BOT Monetary Policy CommitteeMonetary policy | 31 Aug 2026 | ADB: Developing Southeast Asia, Asian Development Outlook September 2026 (2026-09-23) | Definition and sourceOne-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) |
Articles
- Data as of 2026-09-23Macro & households
ADB nudges up Thailand's 2026 growth forecast, flags shrinking consumer lending
2026 growth forecast 2.0% (raised from 1.8% (July 2026)); 2027 1.9% (lowered from 2.0% (July 2026)); Southeast Asia 4.7%
- Data as of 2026-09-23Regulation
Thai House passes bankruptcy bill creating debt rehabilitation for individuals
On 23 September the House passed the bill 444–0 (1 abstention, 1 not voting); individuals with debts of THB 100,000 or more gain access to rehabilitation
- Data as of 2026-09-17Macro & households
UTCC survey shows average Thai household debt at a multi-year high
UTCC survey (1,720 respondents): average household debt of THB 794,945 (up 7.3% from THB 740,597 a year earlier; highest in 17 years)
- Data as of 2026-09-09Credit
Bank of Thailand sets out three steps on shrinking SME credit, including alternative data
The BOT Governor outlined a lending portal (by year-end), a new credit guarantee (targeted for 2027) and alternative-data underwriting
- Data as of 2026-09-07Macro & households
Thailand's August inflation accelerates on fuel costs; core remains subdued
August headline CPI rose 2.53% y/y (up from 1.95% in July); core was 1.44% (up from 1.34% in July)
- Data as of 2026-09-07Credit
Thailand Q2: NPL ratio flat, but nearly half of new bad loans are re-defaults
The bank NPL ratio was 2.82% (vs 2.85% in Q1 2026), but new NPLs in Q2 were about THB 110 bn
- Data as of 2026-09-04Regulation
Bank of Thailand plans to license BNPL providers from Q4 2026
The BOT Governor set out a draft rule and public consultation by end-September, targeting implementation in Q4