Financial Development Index in Thailand
Thailand: Financial Development Index was 0.7372 in 2020. ▲ Rising
Financial Development Index in Thailand, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial development index in Thailand stood at 0.7372. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 5.7% on the previous year and up 16.6% over ten years.
Over the whole period, financial development index in Thailand peaked at 0.7372 in 2020 and was at its lowest, 0.3208, in 1980.
That places Thailand 14th out of 183 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Development Index in Thailand, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.3208 | — |
| 1981 | 0.3277 | +2.1% |
| 1982 | 0.3212 | -2.0% |
| 1983 | 0.3341 | +4.0% |
| 1984 | 0.3839 | +14.9% |
| 1985 | 0.4165 | +8.5% |
| 1986 | 0.4022 | -3.4% |
| 1987 | 0.4007 | -0.4% |
| 1988 | 0.3608 | -9.9% |
| 1989 | 0.3379 | -6.4% |
| 1990 | 0.3913 | +15.8% |
| 1991 | 0.3558 | -9.1% |
| 1992 | 0.4631 | +30.2% |
| 1993 | 0.4819 | +4.1% |
| 1994 | 0.4858 | +0.8% |
| 1995 | 0.4383 | -9.8% |
| 1996 | 0.3347 | -23.6% |
| 1997 | 0.4665 | +39.4% |
| 1998 | 0.4548 | -2.5% |
| 1999 | 0.4536 | -0.3% |
| 2000 | 0.4384 | -3.3% |
| 2001 | 0.4918 | +12.2% |
| 2002 | 0.4851 | -1.4% |
| 2003 | 0.5464 | +12.6% |
| 2004 | 0.5431 | -0.6% |
| 2005 | 0.533 | -1.9% |
| 2006 | 0.5228 | -1.9% |
| 2007 | 0.5123 | -2.0% |
| 2008 | 0.5597 | +9.3% |
| 2009 | 0.587 | +4.9% |
| 2010 | 0.6321 | +7.7% |
| 2011 | 0.6398 | +1.2% |
| 2012 | 0.6422 | +0.4% |
| 2013 | 0.6881 | +7.1% |
| 2014 | 0.7072 | +2.8% |
| 2015 | 0.7123 | +0.7% |
| 2016 | 0.7348 | +3.2% |
| 2017 | 0.6979 | -5.0% |
| 2018 | 0.7196 | +3.1% |
| 2019 | 0.6975 | -3.1% |
| 2020 | 0.7372 | +5.7% |
Thailand compared with similar countries
- Thailand's 0.7372 is above the median for upper middle income countries, which is 0.2539, 2.9× the median. (54 countries reporting)
- Thailand's 0.7372 is above the median for East Asia & Pacific, which is 0.3228, 2.3× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Financial Development Index in Thailand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +39.4% | 0.3347 | 0.4665 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3606 | 0.3208 | 0.4165 | 10 |
| 1990s | 0.4326 | 0.3347 | 0.4858 | 10 |
| 2000s | 0.522 | 0.4384 | 0.587 | 10 |
| 2010s | 0.6872 | 0.6321 | 0.7348 | 10 |
| 2020s | 0.7372 | 0.7372 | 0.7372 | 1 |
Countries ranked near Thailand
More financial sector data for Thailand
- Reserve position in the IMF, US dollar, annual growth rate 8.39 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 16.06 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 3.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 11.73 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 8.39 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 16.06 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 3.21 % change on previous year (2025)
Frequently asked questions
- What is financial development index in Thailand?
- Financial development index in Thailand was 0.7372 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Thailand?
- The highest recorded value was 0.7372 in 2020.
- What is the lowest financial development index recorded in Thailand?
- The lowest recorded value was 0.3208 in 1980.
- How does Thailand rank for financial development index?
- Thailand ranks 14th out of 183 countries with data for 2020.
- Is financial development index rising or falling in Thailand?
- Over the last ten years it is up 16.6%. The long-run trend across the full record is rising.
- Where does this Thailand data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.