Stock market capitalization to GDP in Thailand
Thailand: Stock market capitalization to GDP was 108.7% in 2020. ▲ Rising
Stock market capitalization to GDP in Thailand, 1989–2020
Source: Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Measured in %.
Analysis
In 2020, stock market capitalization to gdp in Thailand stood at 108.7%.
That represents a change of up 3.9% on the previous year and up 33.5% over ten years.
Over the whole period, stock market capitalization to gdp in Thailand peaked at 120.3% in 2017 and was at its lowest, 15.2%, in 1997.
That places Thailand 16th out of 91 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Stock market capitalization to GDP in Thailand, year by year
| Year | % | Change |
|---|---|---|
| 1989 | 32.0% | — |
| 1990 | 24.0% | -25.0% |
| 1991 | 38.8% | +61.7% |
| 1992 | 51.4% | +32.6% |
| 1993 | 99.4% | +93.4% |
| 1994 | 86.6% | -12.8% |
| 1995 | 82.9% | -4.4% |
| 1996 | 52.8% | -36.2% |
| 1997 | 15.2% | -71.2% |
| 1998 | 30.1% | +97.7% |
| 1999 | 45.1% | +49.8% |
| 2000 | 23.1% | -48.8% |
| 2001 | 29.9% | +29.3% |
| 2002 | 33.9% | +13.4% |
| 2003 | 78.2% | +130.7% |
| 2004 | 66.7% | -14.6% |
| 2005 | 65.4% | -2.0% |
| 2006 | 63.2% | -3.4% |
| 2007 | 75.0% | +18.6% |
| 2008 | 35.4% | -52.8% |
| 2009 | 62.8% | +77.5% |
| 2010 | 81.4% | +29.6% |
| 2011 | 72.4% | -11.1% |
| 2012 | 98.0% | +35.4% |
| 2013 | 84.3% | -14.0% |
| 2014 | 105.7% | +25.3% |
| 2015 | 86.9% | -17.7% |
| 2016 | 104.7% | +20.5% |
| 2017 | 120.3% | +14.8% |
| 2018 | 98.8% | -17.8% |
| 2019 | 104.6% | +5.9% |
| 2020 | 108.7% | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 32.0% | 32.0% | 32.0% | 1 |
| 1990s | 52.6% | 15.2% | 99.4% | 10 |
| 2000s | 53.4% | 23.1% | 78.2% | 10 |
| 2010s | 95.7% | 72.4% | 120.3% | 10 |
| 2020s | 108.7% | 108.7% | 108.7% | 1 |
Countries ranked near Thailand
More financial sector data for Thailand
- Net domestic credit (current LCU), per capita 389,633 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 48.36 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 3.25 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 263.90 million SDR (2025)
- Gold reserves at market value 24.05 billion SDR (2025)
- Reserves excluding gold, foreign exchange 177.04 billion SDR (2025)
- Reserves excluding gold 182.06 billion SDR (2025)
- Total reserves (gold at market value) 206.10 billion SDR (2025)
- Total reserves (gold at national valuation) 205.82 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 2,874 SDR per person (2025)
Frequently asked questions
- What is stock market capitalization to gdp in Thailand?
- Stock market capitalization to gdp in Thailand was 108.7% in 2020, according to Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's.
- What is the highest stock market capitalization to gdp recorded in Thailand?
- The highest recorded value was 120.3% in 2017.
- What is the lowest stock market capitalization to gdp recorded in Thailand?
- The lowest recorded value was 15.2% in 1997.
- How does Thailand rank for stock market capitalization to gdp?
- Thailand ranks 16th out of 91 countries with data for 2020.
- Is stock market capitalization to gdp rising or falling in Thailand?
- Over the last ten years it is up 33.5%. The long-run trend across the full record is rising.
- Where does this Thailand data come from?
- The figures come from Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's, published as part of Stock market capitalization to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Value of listed shares to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is stock market capitalization, P_e is end-of period CPI, and P_a is average annual CPI. 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).