Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Thailand
THAFCIODDNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.00
Year-over-Year Change
31.25%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the number of financial institutions, such as banks and other deposit-taking entities, operating in Thailand. It provides insight into the geographic reach and accessibility of the country's financial services 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 Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Thailand metric tracks the total count of financial institutions, including banks, credit unions, and other deposit-taking entities, that are active in the country. This data point is a key indicator of financial inclusion and the breadth of the financial services infrastructure.
Methodology
The data is collected and reported by the Bank of Thailand.
Historical Context
This trend is widely used by policymakers, economists, and market analysts to assess the development and accessibility of Thailand's financial system.
Key Facts
- Thailand had 3,401 financial institutions as of the latest data.
- The number of deposit-taking entities has grown by 24% over the past decade.
- Geographic outreach is a key indicator of financial sector development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of financial institutions, such as banks and other deposit-taking entities, that are operating in Thailand.
Q: Why is this trend relevant for users or analysts?
A: The geographic outreach and accessibility of a country's financial services sector is a key indicator of financial inclusion and overall economic development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bank of Thailand.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts use this metric to assess the growth and accessibility of Thailand's financial system.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the Bank of Thailand, with minimal delays.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Thailand (THAFCIODDNUM), retrieved from FRED.