Thailand | Claims on central government (annual growth as % of broad money)

Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Kingdom of Thailand
Records
63
Source
Thailand | Claims on central government (annual growth as % of broad money)
1960
-2.67438453 1961
2.16984178 1962
-5.21759206 1963
-3.09336651 1964
-0.78815261 1965
1.24202024 1966
2.84121178 1967
13.49155763 1968
7.68375722 1969
10.98904173 1970
16.36647544 1971
12.88218297 1972
4.41771851 1973
-4.98414958 1974
5.93047188 1975
9.02611238 1976
6.99929391 1977
6.67962849 1978
4.83654696 1979
11.18292014 1980
7.5302379 1981
11.97842461 1982
4.64797517 1983
5.87123115 1984
3.38733757 1985
6.01288057 1986
1.27631485 1987
-4.20709546 1988
-4.7702695 1989
-4.39854789 1990
-6.71792809 1991
-3.79553116 1992
-2.55178991 1993
-4.63373337 1994
-4.21250064 1995
-5.04194723 1996
1.95806325 1997
10.0893665 1998
2.93231857 1999
0.47510373 2000
1.12181698 2001
-0.05102357 2002
1.07985663 2003
-0.70809649 2004
-0.53567595 2005
-1.57474791 2006
0.41254114 2007
0.78735209 2008
0.88612682 2009
-1.28671013 2010
0.38513754 2011
1.11441119 2012
-0.78168442 2013
1.02419169 2014
0.1079984 2015
0.36466808 2016
0.09910294 2017
-0.47725353 2018
0.27969053 2019
3.12699903 2020
5.06413091 2021
1.06068802 2022

Thailand | Claims on central government (annual growth as % of broad money)

Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Kingdom of Thailand
Records
63
Source