Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Thailand
THAFCSODCGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.36
Year-over-Year Change
13.77%
Date Range
1/1/2004 - 1/1/2023
Summary
This trend measures the outstanding loans from commercial banks in Thailand as a percentage of the country's GDP. It provides insights into the utilization of financial services and the overall credit conditions 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
The Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Thailand trend represents the total outstanding loans from commercial banks in Thailand, expressed as a percentage of the country's gross domestic product (GDP). This metric is a crucial indicator of the depth and breadth of financial intermediation within the Thai economy.
Methodology
The data is collected and calculated by the Bank of Thailand, the country's central banking institution.
Historical Context
Policymakers and market analysts use this trend to assess the overall level of financial intermediation and credit availability in the Thai economy.
Key Facts
- Thailand's outstanding commercial bank loans reached 119.3% of GDP in 2021.
- The trend has increased from 100.1% of GDP in 2010.
- Commercial bank loans are a significant source of financing for the Thai economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the outstanding loans from commercial banks in Thailand as a percentage of the country's GDP, providing insights into the utilization of financial services and credit conditions.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers and market analysts as it helps assess the depth and breadth of financial intermediation within the Thai economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank of Thailand, the country's central banking institution.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the overall level of financial intermediation and credit availability in the Thai economy.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Bank of Thailand, with minimal delays.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Thailand (THAFCSODCGGDPPT), retrieved from FRED.