Armenia vs Thailand: Total factoring volume to GDP

Armenia
1.6%
in 2020
Thailand
1.4%
in 2020
Armenia rank
50th
Thailand rank
51st

Total factoring volume to GDP over time

  • Armenia
  • Thailand
00.511.5200720132020

How they compare

Armenia currently reports 1.6% against 1.4% in Thailand, a difference of 0.2%.

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

The two have swapped places 1 time across 14 shared years of data; in 2007 it was Thailand ahead.

Armenia ranks 50th and Thailand ranks 51st of 73 countries.

Across the 3 decades both report, Armenia averaged higher in 1 and Thailand in 2.

Head to head by decade

Decade Armenia Thailand Difference Ahead
2000s 0.3% 1.1% 0.8% Thailand
2010s 0.7% 1.2% 0.5% Thailand
2020s 1.6% 1.4% 0.1% Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total factoring volume to gdp, Armenia or Thailand?
Armenia, at 1.6% against 1.4% in Thailand as of 2020.
What is the difference in total factoring volume to gdp between Armenia and Thailand?
0.2%, with Armenia ahead.
How many years of comparable data are there for Armenia and Thailand?
14 years are reported by both, from 2007 to 2020.
How do Armenia and Thailand rank globally for total factoring volume to gdp?
Armenia ranks 50th and Thailand ranks 51st of 73 countries.
Where does this data come from?
Factors Chain International, published as Total factoring volume to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Thailand: Total factoring volume to GDP. Statizoid, drawing on Factors Chain International. Retrieved 02 September 2026, from https://financial-sector.statizoid.com/compare/total-factoring-volume-to-gdp-percent/armenia/thailand/

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About this data

Indicator
Total factoring volume to GDP (%)
Unit
%
Source
Factors Chain International
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
73 places, 947 data points, 2007–2020
Last refreshed

GDP data provided by IFS and converted into USD using IFS exchange rates.