Use of Financial Services, Assets: Outstanding Loans at Other Deposit Takers for Thailand
THAFCSODDXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,482,787,823,562.26
Year-over-Year Change
66.88%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding loans at other deposit takers in Thailand, providing insights into the usage of financial services and asset allocation in the country.
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, Assets: Outstanding Loans at Other Deposit Takers for Thailand' series represents the total value of loans outstanding from institutions other than commercial banks, such as credit unions and microfinance providers. This metric is used to analyze the depth and accessibility of Thailand's financial system.
Methodology
The data is collected by the Bank of Thailand through surveys of financial institutions.
Historical Context
This trend is relevant for policymakers and economists evaluating the financial health and inclusion in the Thai economy.
Key Facts
- Thailand has a diversified financial system beyond commercial banks.
- Loans from non-bank deposit takers are an important source of credit.
- The trend has shown steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of outstanding loans from financial institutions in Thailand other than commercial banks, such as credit unions and microfinance providers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the depth and accessibility of Thailand's financial system beyond the traditional banking sector, which is important for evaluating financial inclusion and economic development.
Q: How is this data collected or calculated?
A: The data is collected by the Bank of Thailand through surveys of financial institutions operating in the country.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the overall health and inclusiveness of Thailand's financial system, which can inform policy decisions related to financial regulation, access to credit, and economic development.
Q: Are there update delays or limitations?
A: The data is published with a relatively short delay, typically within a few months of the reference period. However, the coverage may be limited to certain types of financial institutions, and the methodology can vary over time.
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Citation
U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Other Deposit Takers for Thailand (THAFCSODDXDC), retrieved from FRED.