Singapore vs Thailand: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Singapore
- Thailand
How they compare
Singapore currently reports 132.7% against 126.8% in Thailand, a difference of 5.9%.
The two have swapped places 4 times across 58 shared years of data; in 1963 it was Singapore ahead.
Singapore ranks 13th and Thailand ranks 15th of 187 countries.
Across the 7 decades both report, Singapore averaged higher in 6 and Thailand in 1.
Head to head by decade
| Decade | Singapore | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 37.5% | 14.2% | 23.2% | Singapore |
| 1970s | 54.9% | 29.3% | 25.6% | Singapore |
| 1980s | 80.4% | 54.7% | 25.6% | Singapore |
| 1990s | 89.1% | 122.8% | 33.7% | Thailand |
| 2000s | 96.7% | 93.1% | 3.6% | Singapore |
| 2010s | 117.0% | 108.9% | 8.1% | Singapore |
| 2020s | 132.7% | 125.6% | 7.1% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Singapore or Thailand?
- Singapore, at 132.7% against 126.8% in Thailand as of 2020.
- What is the difference in private credit by deposit money banks to gdp between Singapore and Thailand?
- 5.9%, 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 private credit by deposit money banks to gdp?
- Singapore ranks 13th and Thailand ranks 15th of 187 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Private credit by deposit money banks to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks (IFS line 22d); 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).