Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Deposit Takers for Thailand
THAFCLODDHXDC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,984,187,259,466.59
Year-over-Year Change
97.66%
Date Range
1/1/2004 - 1/1/2024
Summary
This economic trend measures the outstanding deposits held by households at non-bank financial institutions in Thailand. It provides insights into the public's usage of alternative financial services beyond traditional banks.
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, Liabilities: Outstanding Deposits by Households at Other Deposit Takers for Thailand indicator tracks the total value of deposits maintained by Thai households at non-bank financial intermediaries. This metric offers a window into the public's engagement with the broader financial system beyond commercial banks.
Methodology
The data is collected and reported by the Bank of Thailand.
Historical Context
This trend is useful for policymakers and analysts studying the development of Thailand's financial sector and household savings behavior.
Key Facts
- Deposits at non-bank financial institutions in Thailand totaled over $200 billion as of 2022.
- Household deposits account for a significant portion of total deposits at Thai non-bank deposit takers.
- Growth in household deposits at alternative financial providers may indicate increasing financial inclusion in Thailand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of deposits held by Thai households at non-bank financial institutions, providing insights into the public's usage of alternative financial services.
Q: Why is this trend relevant for users or analysts?
A: This metric offers important context on the development of Thailand's financial sector and household savings behavior, which is useful for policymakers and economists studying financial inclusion and intermediation.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Bank of Thailand.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the growth and diversification of Thailand's financial system beyond traditional banking.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and procedures of the Bank of Thailand.
Related Trends
Geographical Outreach: Key Indicators, Credit Union and Financial Cooperative Branches Per 1000 Km2 for Thailand
THAFCBODUKNUM
Outstanding International Private Debt Securities to GDP for Thailand
DDDM05THA156NWDB
Use of Financial Services: Number of Loan Accounts for Households at Commercial Banks for Thailand
THAFCNODCHNUM
Number of Identified Exporters to Thailand from West Virginia
WVTHAA475SCEN
Number of Identified Exporters to Thailand from Vermont
VTTHAA475SCEN
Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Thailand
THAFCAKNUM
Citation
U.S. Federal Reserve, Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Deposit Takers for Thailand (THAFCLODDHXDC), retrieved from FRED.