Financial System Deposits to GDP for Thailand
DDDI08THA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.63
Year-over-Year Change
44.69%
Date Range
1/1/1960 - 1/1/2021
Summary
The Financial System Deposits to GDP ratio for Thailand measures the total value of deposits held by the financial system as a percentage of the country's gross domestic product (GDP). This metric provides insights into the size and depth of Thailand's financial sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Financial System Deposits to GDP ratio is an important indicator of financial development and intermediation. It reflects the extent to which the financial system is mobilizing and channeling domestic savings into productive investments, which is crucial for economic growth.
Methodology
The data is collected and calculated by the World Bank using national accounts and balance sheet information.
Historical Context
This trend is widely used by policymakers, economists, and investors to assess the stability and efficiency of Thailand's financial system.
Key Facts
- Thailand's Financial System Deposits to GDP ratio was 119.05% in 2020.
- The ratio has increased from 107.27% in 2010, indicating growth in the financial sector.
- Thailand has one of the highest deposit-to-GDP ratios in Southeast Asia.
FAQs
Q: What does this economic trend measure?
A: The Financial System Deposits to GDP ratio for Thailand measures the total value of deposits held by the financial system as a percentage of the country's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the size and depth of Thailand's financial sector, which is crucial for understanding the country's financial development and intermediation.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and balance sheet information.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, economists, and investors to assess the stability and efficiency of Thailand's financial system.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 year lag, and may be subject to revisions by the World Bank.
Related Trends
Population ages 65 and above for Thailand
SPPOP65UPTOZSTHA
Use of Financial Services: Key Indicators, Depositors with Commercial Banks Per 1000 Adults for Thailand
THAFCDODCANUM
Value of Exports to Thailand from Maryland
MDTHAA052SCEN
Number of Identified Exporters to Thailand from Texas
TXTHAA475SCEN
Credit to Private Non-Financial Sector by Domestic Banks, Unadjusted for Breaks, for Thailand
CRDQTHBPUBIS
Use of Financial Services Borrowers: Small and Medium Enterprises Borrowing from Commercial Banks for Thailand
THAFCRODCSPENUM
Citation
U.S. Federal Reserve, Financial System Deposits to GDP for Thailand (DDDI08THA156NWDB), retrieved from FRED.