Formal Borrowing Statistics in Thailand (2026)
16.9% of adults in Thailand borrowed from a formal financial institution in 2024, World Bank Global Findex data show. Down from 28.3% in 2021 to 16.9% in 2024 (−11.3 percentage points). Thailand ranks #9 of 16 economies in East Asia & Pacific on this measure, and #66 of 142 globally.
Key Statistics
- Latest value (2024)
- 16.9% (2024)
- Formal Borrowing in Thailand as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- −11.3 pp (2024)
- Down from 28.3% in 2021 to 16.9% in 2024 (−11.3 percentage points).
- Earliest value in this dataset (2014)
- 17.9% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 17.9% in 2014 to 16.9% in 2024.
- Peak value (2021)
- 28.3% (2021)
- Highest value in the available series; the 2024 value is 16.9%.
- Rank in East Asia & Pacific
- #9 of 16 (2024)
- Thailand ranks 9 of 16 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #66 of 142 (2024)
- Thailand ranks 66 of 142 countries with data globally.
- East Asia & Pacific average
- 33.4% (2024)
- Thailand (16.9%) is below the average of 33.4% across the 16 countries in East Asia & Pacific with data.
- Among women (2024)
- 17.9% (2024)
- Value for women in Thailand, same 2024 World Bank Global Findex data.
- Among men (2024)
- 15.9% (2024)
- Value for men in Thailand, same 2024 World Bank Global Findex data.
- Gender gap (women minus men)
- +2.1 pp (2024)
- In 2024, the figure was 17.9% for women and 15.9% for men — 2.1 percentage points higher among women.
- Among the poorest 40% (2024)
- 13.3% (2024)
- Value for adults in the poorest 40% of households in Thailand in 2024.
- Poorest-40% gap vs national
- −3.7 pp (2024)
- The poorest 40% (13.3%) are 3.7 percentage points below the national figure (16.9%).
- Internet use in Thailand (2024)
- 90.9% (2024)
- 90.9% of the population in Thailand used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 71.7 million (2024)
- Thailand had a population of 71.7 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 16.9% | −11.3 pp |
| 2021 | 28.3% | +7.9 pp |
| 2017 | 20.4% | +2.5 pp |
| 2014 | 17.9% | — |
Frequently asked questions
What share of adults in Thailand borrowed from a formal financial institution?
16.9% of adults in Thailand borrowed from a formal financial institution in 2024, according to World Bank Global Findex data.
How does Thailand compare with other countries in East Asia & Pacific?
Thailand ranks 9 of 16 countries in East Asia & Pacific with data, with 16.9% versus a regional average of 33.4% (latest values per country).
Where does Thailand rank globally on formal borrowing?
Thailand ranks 66 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
Is there a gender gap in formal borrowing in Thailand?
Yes — in 2024 the figure was 17.9% for women and 15.9% for men, a gap of 2.1 percentage points in favor of women.
Source & methodology
Source: World Bank Global Findex, indicator
fin22a, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .