Thailand - Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Thailand was 125.13 as of 2020. Its highest value over the past 60 years was 166.50 in 1997, while its lowest value was 10.12 in 1960.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 10.12
1961 10.99
1962 11.98
1963 11.87
1964 12.87
1965 13.64
1966 13.59
1967 14.95
1968 15.82
1969 16.86
1970 19.30
1971 20.54
1972 20.94
1973 22.48
1974 24.18
1975 27.66
1976 34.45
1977 38.24
1978 41.66
1979 43.18
1980 40.75
1981 41.89
1982 44.64
1983 52.98
1984 56.73
1985 58.27
1986 56.79
1987 59.44
1988 64.06
1989 71.90
1990 83.37
1991 89.10
1992 98.47
1993 108.01
1994 125.68
1995 138.79
1996 146.31
1997 166.50
1998 153.41
1999 127.72
2000 105.12
2001 93.08
2002 96.87
2003 94.13
2004 95.14
2005 93.83
2006 88.91
2007 86.23
2008 87.71
2009 90.34
2010 90.68
2011 101.43
2012 106.37
2013 111.52
2014 113.99
2015 115.86
2016 113.74
2017 112.08
2018 112.17
2019 111.23
2020 125.13

Development Relevance: Private sector development and investment - tapping private sector initiative and investment for socially useful purposes - are critical for poverty reduction. In parallel with public sector efforts, private investment, especially in competitive markets, has tremendous potential to contribute to growth. Private markets are the engine of productivity growth, creating productive jobs and higher incomes. And with government playing a complementary role of regulation, funding, and service provision, private initiative and investment can help provide the basic services and conditions that empower poor people - by improving health, education, and infrastructure.

Limitations and Exceptions: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises.

Statistical Concept and Methodology: Credit is an important link in money transmission; it finances production, consumption, and capital formation, which in turn affect economic activity. The data on domestic credit provided to the private sector by banks are taken from the other depository corporations survey (line 22D) of the International Monetary Fund's (IMF) International Financial Statistics. The other depository corporations include all deposit taking corporations (deposit money banks) except monetary authorities (the central bank).

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets