Thailand | Domestic credit to private sector by banks (% of GDP)
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. 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).
Publisher
The World Bank
Origin
Kingdom of Thailand
Records
63
Source
Thailand | Domestic credit to private sector by banks (% of GDP)
1960 10.12182429
1961 10.98727331
1962 11.98435101
1963 11.86902111
1964 12.87488876
1965 13.64444432
1966 13.58644167
1967 14.95139862
1968 15.81655028
1969 16.86132131
1970 19.29960726
1971 20.53672679
1972 20.94348282
1973 22.48381888
1974 24.18157218
1975 27.65596374
1976 34.44871514
1977 38.23776882
1978 41.65935991
1979 43.18345068
1980 40.74802071
1981 41.89036385
1982 44.6383595
1983 52.97958996
1984 56.73089854
1985 58.27108248
1986 56.79240289
1987 59.44408667
1988 64.05809378
1989 71.89808751
1990 83.36905192
1991 89.09621705
1992 98.46947258
1993 108.0099037
1994 125.67893036
1995 138.78664759
1996 146.31208831
1997 166.50368659
1998 153.4058576
1999 127.71730121
2000 105.12180117
2001 93.07865611
2002 96.86939149
2003 94.13452815
2004 95.14207178
2005 93.82807278
2006 88.90583475
2007 86.22632173
2008 87.70824347
2009 90.34107424
2010 90.68259275
2011 101.42897243
2012 106.37238629
2013 111.52003737
2014 113.99412953
2015 115.85610616
2016 113.74096293
2017 112.08406915
2018 112.13754216
2019 111.28733011
2020 125.42893516
2021 126.93246878
2022 120.95875786
Thailand | Domestic credit to private sector by banks (% of GDP)
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. 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).
Publisher
The World Bank
Origin
Kingdom of Thailand
Records
63
Source