The temple was started in 2325 B.E. during the reign of King Rama I and finished in 2327 B.E. The temple was built to hold the Buddha statue which is believed to have been made in Thailand in the 14th century. Captured by the Cambodians in 1552, the statue was kept in Laos for 214 years until King Rama I recaptured it. He brought it with him when he moved his capital to Bangkok in 1784. The design of this temple was copied from Wat Phrasrisanphet in the Ayudhaya period. Because Wat Phrasri Rattana Sasadaram is important, it is renovated every 50 years.