Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Thailand
CRDQTHANABIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,260.59
Year-over-Year Change
6.61%
Date Range
10/1/1991 - 10/1/2024
Summary
The 'Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Thailand' measures the total borrowing by Thai companies from banks and other lenders. This data provides insight into the financing conditions and investment trends for Thailand's private 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
This economic indicator tracks the total outstanding credit and loans extended to non-financial corporations in Thailand. It is an important measure of business investment, liquidity, and private sector health that economists use to assess Thailand's economic growth and financial stability.
Methodology
The data is collected and compiled by the Bank of Thailand, the country's central banking authority.
Historical Context
Policymakers and market analysts monitor this trend to understand financing conditions and the flow of credit to support business activity in Thailand.
Key Facts
- Thailand's total corporate credit reached a record high of 16.9 trillion Thai baht in 2021.
- Loans to non-financial firms account for over 70% of total bank lending in Thailand.
- The growth rate of corporate credit has fluctuated between 2-10% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total outstanding credit and loans extended to non-financial corporations in Thailand, providing insight into business investment and private sector financing conditions.
Q: Why is this trend relevant for users or analysts?
A: This data is closely watched by policymakers, economists, and investors to assess the financial health and investment activity of Thailand's private sector, which is a key driver of the country's overall economic growth.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the Bank of Thailand, the country's central banking authority.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts monitor this trend to understand financing conditions and the flow of credit to support business activity in Thailand, which informs decisions on monetary policy, financial regulations, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published quarterly by the Bank of Thailand, with a typical lag of 1-2 months. There may be revisions to historical data due to changes in reporting or accounting methodologies.
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Citation
U.S. Federal Reserve, Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Thailand (CRDQTHANABIS), retrieved from FRED.