Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Thailand
THAFCBODCNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,872.00
Year-over-Year Change
-23.98%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the number of bank branches, excluding headquarters, for commercial banks in Thailand. It provides insights into the geographical reach and accessibility of the 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 'Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Thailand' metric tracks the total number of physical bank branches across Thailand, excluding the central headquarters. This data point offers valuable information about the banking industry's footprint and its ability to serve customers nationwide.
Methodology
The data is collected and reported by the Bank of Thailand.
Historical Context
This trend is closely monitored by policymakers, regulators, and financial analysts to assess the banking sector's coverage and accessibility.
Key Facts
- The number of bank branches in Thailand has grown steadily over the past decade.
- The geographical reach of commercial banks is an important factor in financial inclusion.
- Policymakers use this data to evaluate the accessibility of banking services across the country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of bank branches, excluding headquarters, operated by commercial banks in Thailand. It provides insights into the geographical outreach and accessibility of the banking sector.
Q: Why is this trend relevant for users or analysts?
A: The number of bank branches is a key indicator of the banking industry's ability to serve customers across a country. Analysts and policymakers use this data to assess financial inclusion and the overall accessibility of banking services.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bank of Thailand, the country's central banking authority.
Q: How is this trend used in economic policy?
A: Policymakers and regulators monitor this trend to evaluate the geographical coverage of the banking sector and identify areas that may need improved access to financial services.
Q: Are there update delays or limitations?
A: The data is reported on a regular basis by the Bank of Thailand, though there may be some delay in the latest information being available publicly.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Thailand (THAFCBODCNUM), retrieved from FRED.