Thailand: Financial institutions development, depth

* indicates monthly or quarterly data series
 Thailand

Financial institutions development, depth

 Latest value 0.625
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.376
 Min - Max 0.128 - 0.625
 Source International Monetary Fund
 Available for Data download
The latest value from 2021 is 0.625 index points, an increase from 0.623 index points in 2020. In comparison, the world average is 0.291 index points, based on data from 175 countries. Historically, the average for Thailand from 1980 to 2021 is 0.376 index points. The minimum value, 0.128 index points, was reached in 1980 while the maximum of 0.625 index points was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Thailand: Financial institutions development, depth
 2021 0.625
 2020 0.623
 2019 0.580
 2018 0.570
 2017 0.586
 2016 0.579
 2015 0.589
 2014 0.579




Definition: Measures the development of financial institutions in terms of depth. Constructed as a principal component of the following variables: Private-sector credit to GDP; Pension fund assets to GDP; Mutual fund assets to GDP; and Insurance premiums, life and non-life, to GDP. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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 Related indicators Latest Reference Measure
 Financial development 0.731 2021 index points
 Financial institutions development 0.710 2021 index points
 Financial institutions development, depth 0.625 2021 index points
 Financial institutions development, access 0.588 2021 index points
 Financial institutions development, efficiency 0.687 2021 index points
 Financial markets development 0.724 2021 index points
 Financial markets development, depth 0.746 2021 index points
 Financial markets development, access 0.390 2021 index points
 Financial markets development, efficiency 1.000 2021 index points
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