Makrognosis

Thailand M2 Money Stock

MonthlyNot seasonally adjustedCode TH.M2.M.NSA

Latest (y/y)2.1%September 2026
Previous (y/y)2.8%August 2026
Level17,545,920 millions THBSeptember 2026

Thailand M2 Money Stock was up 2.1% year on year in September 2026, compared with 2.8% in August 2026.

The level stood at 17,545,920 millions THB.

That is the lowest reading since February 2025.

Among the 13 economies Makrognosis covers on this measure, it is the 2nd lowest.

Over the past ten years it has ranged from −2.3% (Aug 2022) to 14.4% (May 2020), averaging 3.5%.

Thailand M2 Money Stock, annual % change, Jan 2001 – Sep 2026−10%−5%0%5%10%15%20052010201520202025Robomacro
Thailand M2 Money Stock, annual % change, Jan 2001 – Sep 2026. Source: Bank of Thailand.
Thailand M2 Money Stock, level (millions THB)5.0M7.5M10.0M12.5M15.0M17.5M200020052010201520202025Robomacro
Thailand M2 Money Stock, level (millions THB).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 202617,545,920 millions THB2.1
August 202617,584,767 millions THB2.8
July 202617,603,617 millions THB3.4
June 202617,411,035 millions THB2.9
May 202617,270,939 millions THB2.5
April 202617,282,224 millions THB2.9
March 202617,549,437 millions THB5.4
February 202617,522,822 millions THB5.2
January 202617,388,822 millions THB4.8
December 202517,280,362 millions THB4.7
November 202517,261,073 millions THB4.4
October 202517,225,840 millions THB3.9
September 202517,189,500 millions THB4.8
August 202517,106,084 millions THB5.3
July 202517,028,156 millions THB4.3
June 202516,920,310 millions THB3.6
May 202516,843,729 millions THB3.9
April 202516,787,206 millions THB3.2
March 202516,657,985 millions THB2.2
February 202516,656,291 millions THB2.1
January 202516,594,039 millions THB2.1
December 202416,508,272 millions THB2.1
November 202416,534,776 millions THB2.7
October 202416,581,444 millions THB3.2

Last 24 observations. The full history (321 observations) is available through the API.

Get Thailand M2 Money Stock in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/TH.M2.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/TH.M2.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationJanuary 2000
Observations321
FrequencyMonthly
Unitsmillions THB
AdjustmentNot seasonally adjusted
10-year high14.4% (May 2020)
10-year low−2.3% (Aug 2022)
10-year average3.5%
Source agencyBank of Thailand
Makrognosis codeTH.M2.M.NSA

M2 Money Stock: how Thailand compares

#EconomyPeriodLatest
1TurkeyNov 202629.4%
2ArgentinaNov 202625.0%
3PeruSep 202616.7%
4BrazilSep 202615.6%
5IsraelMay 20267.7%
6MexicoSep 20267.0%
7South AfricaSep 20267.0%
8United StatesSep 20265.7%
9South KoreaSep 20265.5%
10CanadaAug 20264.1%
11SwitzerlandSep 20264.0%
12ThailandSep 20262.1%
13JapanOct 20261.7%

M2 Money Stock by country: all 13 economies ranked →

Other Thailand indicators

Thailand GDP (Gross Domestic Product)Thailand Nominal GDP at current market prices, calendar year (NESDC QGDP Table 3, THB million)Thailand Nominal GDP at current market prices, seasonally adjusted (NESDC QGDP Table 5, THB million)Thailand Real GDP, chain volume measures (ref. year 2002), calendar year (NESDC QGDP Table 4, THB million)Thailand Inflation Rate (CPI)Thailand Unemployment RateThailand Credit Rating & Sovereign Risk ScoreThailand Industrial ProductionThailand Trade Balance: Goods & ServicesThailand Total Exports, Customs Basis, USD mn (BOT)Thailand Total Imports, Customs Basis, USD mn (BOT)Thailand Government Debt to GDPThailand EmploymentThailand Foreign Tourist Arrivals, Thousand Persons (BOT)Thailand GDP in US DollarsThailand Implicit GDP deflator, original (NESDC QGDP Table 3 / Table 4 x 100, 2002=100)

FAQ

What is the current m2 Money Stock in Thailand?
The latest reading is 2.1% year on year for September 2026, published by Bank of Thailand.
Where does this data come from?
It is collected directly from Bank of Thailand and is available through the Makrognosis API under the code TH.M2.M.NSA.

Last updated 2026-11-08. Source: Bank of Thailand. Original title: “Thailand: Broad Money (M2), Millions of Baht (BOT)”.