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