Credit to Government and State-Owned Enterprises to GDP for Thailand

DDEI08THA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

18.98

Year-over-Year Change

87.83%

Date Range

1/1/1980 - 1/1/2020

Summary

The 'Credit to Government and State-Owned Enterprises to GDP for Thailand' measures the amount of credit provided to the public sector as a percentage of the country's gross domestic product. This metric is important for understanding the role of the government and state-owned entities in the Thai economy.

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 indicator represents the level of credit extended to the government and state-owned enterprises in Thailand. It provides insight into the public sector's reliance on financing and its potential impact on economic growth and stability.

Methodology

The data is collected and reported by the World Bank as part of its World Development Indicators database.

Historical Context

Policymakers and analysts use this metric to assess the Thai government's fiscal policies and the overall health of the country's public finances.

Key Facts

  • Thailand's credit to government and state-owned enterprises reached a high of 22.4% of GDP in 2019.
  • The indicator has fluctuated between 17-22% of GDP over the past decade.
  • High levels of public sector credit can signal risks to fiscal sustainability.

FAQs

Q: What does this economic trend measure?

A: This trend measures the amount of credit provided to the government and state-owned enterprises in Thailand as a percentage of the country's gross domestic product.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the role of the public sector in the Thai economy and can help assess the government's fiscal policies and the overall health of public finances.

Q: How is this data collected or calculated?

A: The data is collected and reported by the World Bank as part of its World Development Indicators database.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this indicator to evaluate the Thai government's fiscal policies and the potential impact on the country's economic growth and stability.

Q: Are there update delays or limitations?

A: The data is updated annually by the World Bank, so there may be a delay in the most recent figures being available.

Related Trends

Citation

U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Thailand (DDEI08THA156NWDB), retrieved from FRED.