Interest rate on bank deposits reached 1.29 % in 2017 in Thailand, according to the National Central Bank. This is 0.860 % less than in the previous year.
Historically, interest rate on bank deposits in Thailand reached an all time high of 13.7 % in 1991 and an all time low of 1.02 % in 2009. When compared to Thailand's main peers, interest rate on bank deposits in Cambodia amounted to 1.53 %, 2.92 % in Malaysia and 8.00 % in Myanmar in 2017.
Thailand has been ranked 93rd within the group of 114 countries we follow in terms of interest rate on bank deposits, 40 places above the position seen 10 years ago.
The deposit interest rate is the rate paid by commercial or similar banks for deposits.