Thailand Domestic Credit
Domestic credit provided by financial sector as % of GDP FS.AST.DOMS.GD.ZS
Thailand's domestic credit was 197.01% in 2025, ranked 3rd globally. This represents a 0.3% increase from 2024. Data from World Bank, covering 2007–2025.
Overview
Thailand's domestic credit stood at 197.01% in 2025, a rise of +0.53% from 2024. Based on recent trends, this figure is projected to reach 197.01% by 2025. Thailand ranked 3rd globally.
Thailand’s domestic credit to the private sector has risen sharply over the 19‑year series, climbing from 123.59 in 2007 to 197.01 in 2025, the third‑highest level among all economies tracked by the World Bank. The indicator reached its all‑time peak of 203.55 in 2021, shortly after the post‑COVID‑19 stimulus phase, while the lowest point occurred in 2008 at 122.09, reflecting the global financial crisis. The recent 2025 figure remains well below the United States’ 242.68 but exceeds New Zealand’s 155.56, indicating Thailand’s credit expansion is more vigorous than many advanced Pacific economies yet still modest relative to the world’s largest borrowers. Persistent credit growth has been driven by accommodative monetary policy and rising demand for corporate financing, but future trajectories will hinge on the Bank of Thailand’s policy stance, external financing conditions, and the resilience of domestic demand.
Data & projection
| Year | Domestic Credit | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 196.61% | - | - |
| 2026* trend | 196.81% | - | - |
| 2025* trend | 197.01% | - | - |
| 2025 | 197.01% | +0.53% | #3 |
| 2024 | 196.48% | −0.96% | #37 |
| 2023 | 197.44% | +1.26% | #47 |
| 2022 | 196.18% | −7.37% | #50 |
| 2021 | 203.55% | +9.12% | #50 |
| 2020 | 194.44% | +25.39% | #50 |
| 2019 | 169.05% | +2.61% | #51 |
| 2018 | 166.44% | −2.85% | #49 |
| 2017 | 169.29% | −0.62% | #51 |
| 2016 | 169.91% | −1.25% | #49 |
| 2015 | 171.16% | +3.99% | #46 |
| 2014 | 167.17% | +7.41% | #44 |
| 2013 | 159.76% | +3.90% | #42 |
| 2012 | 155.86% | +7.65% | #42 |
| 2011 | 148.21% | +14.79% | #41 |
Detected Pattern
Analysis
Thailand matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw domestic credit improve within 24 months. View full analysis →
Frequently Asked Questions
Thailand's domestic credit was 197.01% in 2025. Ranked 3rd globally. This represents a 0.3% increase from the previous year.
Thailand's domestic credit peaked at 203.55% in 2021.
The lowest domestic credit in Thailand was 122.09% in 2008.
Thailand ranks 3rd globally in domestic credit as of 2025.
The World Bank indicator code is FS.AST.DOMS.GD.ZS. Data sourced from World Bank.
Thailand's domestic credit is projected to reach 197.01% by 2025 based on trend extrapolation.
The domestic credit of Thailand in 2025 was 197.01%. This ranks 3rd in the world.
Cite this page
@misc{historysaid_thailand_domestic-credit,
title = {Thailand Domestic Credit},
url = {https://historysaid.com/thailand/domestic-credit/},
publisher = {HistorySaid},
year = {2026}
}