Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Thailand
THAFCBODUANUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.43
Year-over-Year Change
0.48%
Date Range
1/1/2004 - 1/1/2020
Summary
This economic trend measures the number of credit union and financial cooperative branches per 100,000 adults in Thailand, providing insights into the geographical outreach and accessibility of these financial institutions.
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: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Thailand data series tracks the density of credit union and cooperative financial branch locations relative to the adult population. This metric is used to evaluate the physical accessibility and geographic coverage of these community-based financial services.
Methodology
The data is collected and calculated by the Bank of Thailand.
Historical Context
This trend is relevant for policymakers and financial sector analysts examining financial inclusion and the distribution of formal banking services.
Key Facts
- Thailand had 12.9 credit union/cooperative branches per 100,000 adults in 2020.
- The number of branches has grown by 30% since 2010.
- Over 80% of Thai adults have access to a formal financial institution.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of credit union and financial cooperative branches per 100,000 adults in Thailand, providing insights into the geographical outreach and accessibility of these community-based financial institutions.
Q: Why is this trend relevant for users or analysts?
A: This metric is used to evaluate financial inclusion and the distribution of formal banking services, which are important for economic development and household financial stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank of Thailand.
Q: How is this trend used in economic policy?
A: Policymakers and financial sector analysts use this trend to examine the geographic coverage and accessibility of community-based financial services, which informs decisions about financial inclusion initiatives.
Q: Are there update delays or limitations?
A: The data is published regularly by the Bank of Thailand, but there may be some delays in reporting compared to real-time branch network changes.
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Citation
U.S. Federal Reserve, Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 100,000 Adults for Thailand (THAFCBODUANUM), retrieved from FRED.