Norway vs Thailand: Gross capital formation
Gross capital formation over time
- Norway
- Thailand
How they compare
Thailand currently reports 127.35 billion current US$ against 123.20 billion current US$ in Norway, a difference of 4.15 billion current US$.
The two have swapped places 5 times across 56 shared years of data; in 1970 it was Norway ahead.
Norway ranks 34th and Thailand ranks 33rd of 187 countries.
Across the 6 decades both report, Norway averaged higher in 4 and Thailand in 2.
Head to head by decade
| Decade | Norway | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 10.32 billion current US$ | 3.95 billion current US$ | 6.37 billion current US$ | Norway |
| 1980s | 22.07 billion current US$ | 13.55 billion current US$ | 8.53 billion current US$ | Norway |
| 1990s | 33.08 billion current US$ | 48.33 billion current US$ | 15.24 billion current US$ | Thailand |
| 2000s | 66.83 billion current US$ | 49.21 billion current US$ | 17.62 billion current US$ | Norway |
| 2010s | 118.45 billion current US$ | 104.91 billion current US$ | 13.54 billion current US$ | Norway |
| 2020s | 120.50 billion current US$ | 126.44 billion current US$ | 5.94 billion current US$ | Thailand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Norway or Thailand?
- Thailand, at 127.35 billion current US$ against 123.20 billion current US$ in Norway as of 2025.
- What is the difference in gross capital formation between Norway and Thailand?
- 4.15 billion current US$, with Thailand ahead.
- How many years of comparable data are there for Norway and Thailand?
- 56 years are reported by both, from 1970 to 2025.
- How do Norway and Thailand rank globally for gross capital formation?
- Norway ranks 34th and Thailand ranks 33rd of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.