Norway vs Thailand: Gross fixed capital formation
Gross fixed capital formation over time
- Norway
- Thailand
How they compare
Thailand currently reports 116.14 billion constant 2015 US$ against 113.93 billion constant 2015 US$ in Norway, a difference of 2.21 billion constant 2015 US$.
The two have swapped places 11 times across 56 shared years of data; in 1970 it was Norway ahead.
Norway ranks 26th and Thailand ranks 24th of 160 countries.
Across the 6 decades both report, Norway averaged higher in 5 and Thailand in 1.
Head to head by decade
| Decade | Norway | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 37.93 billion constant 2015 US$ | 15.70 billion constant 2015 US$ | 22.23 billion constant 2015 US$ | Norway |
| 1980s | 46.05 billion constant 2015 US$ | 31.03 billion constant 2015 US$ | 15.03 billion constant 2015 US$ | Norway |
| 1990s | 48.57 billion constant 2015 US$ | 80.13 billion constant 2015 US$ | 31.56 billion constant 2015 US$ | Thailand |
| 2000s | 72.91 billion constant 2015 US$ | 68.24 billion constant 2015 US$ | 4.68 billion constant 2015 US$ | Norway |
| 2010s | 98.97 billion constant 2015 US$ | 97.94 billion constant 2015 US$ | 1.03 billion constant 2015 US$ | Norway |
| 2020s | 114.10 billion constant 2015 US$ | 109.87 billion constant 2015 US$ | 4.24 billion constant 2015 US$ | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Norway or Thailand?
- Thailand, at 116.14 billion constant 2015 US$ against 113.93 billion constant 2015 US$ in Norway as of 2025.
- What is the difference in gross fixed capital formation between Norway and Thailand?
- 2.21 billion constant 2015 US$, with Thailand ahead.
- How many years of comparable data are there for Norway and Thailand?
- 56 years are reported by both, from 1970 to 2025.
- How do Norway and Thailand rank globally for gross fixed capital formation?
- Norway ranks 26th and Thailand ranks 24th of 160 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.