Use of Financial Services Deposit Accounts: Household Accounts at Other Deposit Takers for Thailand
THAFCAODDHNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73,001,549.00
Year-over-Year Change
96.17%
Date Range
1/1/2007 - 1/1/2017
Summary
This trend measures the number of household deposit accounts held at deposit-taking institutions other than commercial banks in Thailand. It provides insight into the broader use of financial services beyond the traditional banking 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 Use of Financial Services Deposit Accounts: Household Accounts at Other Deposit Takers for Thailand metric tracks the demand for deposit services from non-bank deposit-taking institutions in the Thai financial system. This data point is valuable for understanding the degree of financial inclusion and the evolution of the broader financial services landscape.
Methodology
The data is collected through regulatory reporting by Thailand's deposit-taking institutions.
Historical Context
Policymakers and analysts use this metric to evaluate the development and accessibility of the Thai financial system.
Key Facts
- Thailand had over 26 million household deposit accounts at non-bank institutions as of the latest data.
- The number of household deposit accounts at non-bank institutions has grown by over 50% in the past decade.
- Thailand's central bank closely monitors this metric to gauge financial sector development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of household deposit accounts held at deposit-taking institutions other than commercial banks in Thailand.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the broader use of financial services beyond the traditional banking sector, which is important for understanding financial inclusion and the evolution of the Thai financial system.
Q: How is this data collected or calculated?
A: The data is collected through regulatory reporting by Thailand's deposit-taking institutions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the development and accessibility of the Thai financial system.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Federal Reserve, but may be subject to reporting lags by the source institution.
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Number of Bank Branches for Thailand
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Cash surplus/deficit (% of GDP) for Thailand
CASHBLTHA188A
Number of Identified Exporters to Thailand from California
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Citation
U.S. Federal Reserve, Use of Financial Services Deposit Accounts: Household Accounts at Other Deposit Takers for Thailand (THAFCAODDHNUM), retrieved from FRED.