Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Thailand
THAFCBODDNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,370.00
Year-over-Year Change
56.13%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the number of bank branches, excluding headquarters, operated by other deposit-taking institutions in Thailand. It provides insights into the geographical outreach and accessibility of the country's financial services.
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 Other Deposit Takers for Thailand data series tracks the total number of bank branches, excluding central headquarters, operated by non-bank deposit-taking institutions in the country. This metric is used to assess the physical presence and accessibility of financial services across Thailand's regions.
Methodology
The data is collected by the Bank of Thailand through surveys of financial institutions.
Historical Context
This trend is relevant for policymakers and analysts assessing the geographic distribution and accessibility of financial services in Thailand.
Key Facts
- The number of bank branches in Thailand has grown from 5,000 in 2010 to over 7,000 in 2020.
- The provinces with the highest number of bank branches are Bangkok and Chonburi.
- Rural areas of Thailand still have limited access to physical banking services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of bank branches, excluding central headquarters, operated by non-bank deposit-taking institutions in Thailand.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the geographic distribution and accessibility of financial services across Thailand, which is important for policymakers and analysts assessing financial inclusion and regional 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 regulators use this data to monitor the expansion of financial services and identify underserved regions, informing policies to promote greater financial inclusion and access.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in the financial services landscape.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Thailand (THAFCBODDNUM), retrieved from FRED.