Singapore vs Thailand: Bank deposits to GDP
Bank deposits to GDP over time
- Singapore
- Thailand
How they compare
Singapore currently reports 141.1% against 135.6% in Thailand, a difference of 5.5%.
The two have swapped places 8 times across 58 shared years of data; in 1963 it was Singapore ahead.
Singapore ranks 10th and Thailand ranks 12th of 185 countries.
Singapore has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Singapore | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 44.6% | 17.6% | 27.0% | Singapore |
| 1970s | 48.0% | 30.0% | 18.0% | Singapore |
| 1980s | 60.0% | 51.6% | 8.4% | Singapore |
| 1990s | 82.7% | 81.9% | 0.9% | Singapore |
| 2000s | 105.2% | 96.1% | 9.1% | Singapore |
| 2010s | 117.1% | 109.8% | 7.2% | Singapore |
| 2020s | 141.1% | 135.0% | 6.2% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank deposits to gdp, Singapore or Thailand?
- Singapore, at 141.1% against 135.6% in Thailand as of 2020.
- What is the difference in bank deposits to gdp between Singapore and Thailand?
- 5.5%, with Singapore ahead.
- How many years of comparable data are there for Singapore and Thailand?
- 58 years are reported by both, from 1963 to 2020.
- How do Singapore and Thailand rank globally for bank deposits to gdp?
- Singapore ranks 10th and Thailand ranks 12th of 185 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Bank deposits to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Demand, time and saving deposits in deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Bank deposits (IFS lines 24 and 25); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).