Financial System Deposits to GDP for Thailand

DDDI08THA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

135.63

Year-over-Year Change

44.69%

Date Range

1/1/1960 - 1/1/2021

Summary

The Financial System Deposits to GDP ratio for Thailand measures the total value of deposits held by the financial system as a percentage of the country's gross domestic product (GDP). This metric provides insights into the size and depth of Thailand's financial 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 Financial System Deposits to GDP ratio is an important indicator of financial development and intermediation. It reflects the extent to which the financial system is mobilizing and channeling domestic savings into productive investments, which is crucial for economic growth.

Methodology

The data is collected and calculated by the World Bank using national accounts and balance sheet information.

Historical Context

This trend is widely used by policymakers, economists, and investors to assess the stability and efficiency of Thailand's financial system.

Key Facts

  • Thailand's Financial System Deposits to GDP ratio was 119.05% in 2020.
  • The ratio has increased from 107.27% in 2010, indicating growth in the financial sector.
  • Thailand has one of the highest deposit-to-GDP ratios in Southeast Asia.

FAQs

Q: What does this economic trend measure?

A: The Financial System Deposits to GDP ratio for Thailand measures the total value of deposits held by the financial system as a percentage of the country's gross domestic product (GDP).

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

A: This metric provides insights into the size and depth of Thailand's financial sector, which is crucial for understanding the country's financial development and intermediation.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank using national accounts and balance sheet information.

Q: How is this trend used in economic policy?

A: This trend is widely used by policymakers, economists, and investors to assess the stability and efficiency of Thailand's financial system.

Q: Are there update delays or limitations?

A: The data is typically published with a 1-2 year lag, and may be subject to revisions by the World Bank.

Related Trends

Citation

U.S. Federal Reserve, Financial System Deposits to GDP for Thailand (DDDI08THA156NWDB), retrieved from FRED.