Singapore vs Thailand: Financial system deposits to GDP

Singapore
144.2%
in 2020
Thailand
135.6%
in 2021
Singapore rank
9th
Thailand rank
12th

Financial system deposits to GDP over time

  • Singapore
  • Thailand
050100150196019902021

How they compare

Singapore currently reports 144.2% against 135.6% in Thailand, a difference of 8.6%.

That makes Singapore's figure about 1.1 times Thailand's.

The two have swapped places 4 times across 58 shared years of data; in 1963 it was Singapore ahead.

Singapore ranks 9th 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 46.4% 17.6% 28.8% Singapore
1970s 55.9% 30.0% 25.9% Singapore
1980s 71.2% 51.6% 19.6% Singapore
1990s 94.0% 81.9% 12.1% Singapore
2000s 109.6% 96.1% 13.5% Singapore
2010s 120.1% 109.8% 10.3% Singapore
2020s 144.2% 135.0% 9.2% Singapore

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financial system deposits to gdp, Singapore or Thailand?
Singapore, at 144.2% against 135.6% in Thailand as of 2020.
What is the difference in financial system deposits to gdp between Singapore and Thailand?
8.6%, 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 financial system deposits to gdp?
Singapore ranks 9th and Thailand ranks 12th of 185 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Financial system deposits to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Singapore vs Thailand: Financial system deposits to GDP. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 06 September 2026, from https://financial-sector.statizoid.com/compare/financial-system-deposits-to-gdp-percent/singapore/thailand/

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About this data

Indicator
Financial system deposits to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,595 data points, 1960–2021
Last refreshed

Demand, time and saving deposits in deposit money banks and other financial institutions 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. Financial system deposits (IFS lines 24, 25, 44, and 45); 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).