The high and low temperature thermodynamical properties of the two-parameter deformed quantum group Bose and Fermi gases with SU p/q (2) symmetry are studied. Starting with a SU p/q (2)-invariant bosonic as well as fermionic Hamiltonian, several thermodynamical functions of the system such as the average number of particles, internal energy and equation of state are derived. The effects of two real independent deformation parameters p and q on the properties of the systems are discussed. Particular emphasis is given to a discussion of the Bose-Einstein condensation phenomenon for the two-parameter deformed quantum group Bose gas. The results are also compared with earlier undeformed and one-parameter deformed versions of Bose and Fermi gas models.After the promoting studies of Ubriaco [1-4] related with the high and low temperature behaviour of the one-parameter deformed quantum group SU q (2)-invariant bosonic and fermionic gases, two-parameter generalizations of these works have recently been developed [5][6][7][8][9][10][11]. In particular, the generalizations in [5-10] contain quantum group bosonic as well as fermionic gas structures, whose particle algebras under consideration are invariant under the two-parameter deformed quantum group SU r (2) with r = p/q where p = q, (p, q) ∈ R + .The two-parameter generalized bosonic quantum gas with SU p/q (2) symmetry is generated by the quantum group invariant bosonic c i oscillators and is defined by the following deformed commutation relations [12]:where N is the total boson number operator and q = p, (p, q) ∈ R + . The total deformed number operator for this system is c 1 c 1 + c 2 c 2 = [N 1 + N 2 ] = [N ], whose spectrum is defined by the following Fibonacci basic number [n]:[n] = p 2n − q 2n p 2 − q 2 .(1)