Thailand - Listed domestic companies, total

The value for Listed domestic companies, total in Thailand was 704.00 as of 2018. As the graph below shows, over the past 38 years this indicator reached a maximum value of 704.00 in 2018 and a minimum value of 72.00 in 1980.

Definition: Listed domestic companies, including foreign companies which are exclusively listed, are those which have shares listed on an exchange at the end of the year. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies, such as holding companies and investment companies, regardless of their legal status, are excluded. A company with several classes of shares is counted once. Only companies admitted to listing on the exchange are included.

Source: World Federation of Exchanges database.

See also:

Year Value
1980 72.00
1981 76.00
1982 78.00
1983 85.00
1984 93.00
1985 95.00
1986 92.00
1987 102.00
1988 122.00
1989 145.00
1990 159.00
1991 270.00
1992 315.00
1993 347.00
1994 389.00
1995 416.00
1996 454.00
1997 431.00
1998 418.00
1999 392.00
2000 381.00
2001 382.00
2002 398.00
2003 419.00
2004 463.00
2005 504.00
2006 518.00
2007 523.00
2008 525.00
2009 535.00
2010 541.00
2011 545.00
2012 558.00
2013 584.00
2014 613.00
2015 639.00
2016 656.00
2017 688.00
2018 704.00

Development Relevance: Stock market size can be measured in various ways, and each may produce a different ranking of countries. The development of an economy's financial markets is closely related to its overall development. Well-functioning financial systems provide good and easily accessible information which can lower transaction costs and subsequently improve resource allocation and boosts economic growth. Both banking systems and stock markets enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient relative to domestic banks. Open economies with sound macroeconomic policies, good legal systems, and shareholder protection attract capital and therefore have larger financial markets. Recent research on stock market development shows that modern communications technology and increased financial integration have resulted in more cross-border capital flows, a stronger presence of financial firms around the world, and the migration of stock exchange activities to international exchanges. Many firms in emerging markets now cross-list on international exchanges, which provides them with lower cost capital and more liquidity-traded shares. However, this also means that exchanges in emerging markets may not have enough financial activity to sustain them, putting pressure on them to rethink their operations.

Limitations and Exceptions: Data cover measures of size (market capitalization, number of listed domestic companies) and liquidity (value of shares traded as a percentage of gross domestic product, value of shares traded as a percentage of market capitalization). The comparability of such data across countries may be limited by conceptual and statistical weaknesses, such as inaccurate reporting and differences in accounting standards.

Statistical Concept and Methodology: A company is considered domestic when it is incorporated in the same country as where the exchange is located. The only exception is the case of foreign companies which are exclusively listed on an exchange (i.e., the foreign company is not listed on any other exchange as defined in the domestic market capitalization definition).

Aggregation method: Sum

Periodicity: Annual

General Comments: Stock market data were previously sourced from Standard & Poor's until they discontinued their "Global Stock Markets Factbook" and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and

Classification

Topic: Financial Sector Indicators

Sub-Topic: Capital markets