Norway vs Thailand: Gross fixed capital formation
Gross fixed capital formation over time
- Norway
- Thailand
How they compare
Thailand currently reports 130.77 billion current US$ against 124.08 billion current US$ in Norway, a difference of 6.69 billion current US$.
That makes Thailand's figure about 1.1 times Norway's.
The two have swapped places 7 times across 56 shared years of data; in 1970 it was Norway ahead.
Norway ranks 32nd and Thailand ranks 30th of 181 countries.
Across the 6 decades both report, Norway averaged higher in 4 and Thailand in 2.
Head to head by decade
| Decade | Norway | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 9.98 billion current US$ | 3.64 billion current US$ | 6.34 billion current US$ | Norway |
| 1980s | 21.38 billion current US$ | 13.15 billion current US$ | 8.23 billion current US$ | Norway |
| 1990s | 32.05 billion current US$ | 47.73 billion current US$ | 15.68 billion current US$ | Thailand |
| 2000s | 64.23 billion current US$ | 48.29 billion current US$ | 15.94 billion current US$ | Norway |
| 2010s | 110.41 billion current US$ | 103.23 billion current US$ | 7.18 billion current US$ | Norway |
| 2020s | 117.64 billion current US$ | 119.47 billion current US$ | 1.83 billion current US$ | Thailand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Norway or Thailand?
- Thailand, at 130.77 billion current US$ against 124.08 billion current US$ in Norway as of 2025.
- What is the difference in gross fixed capital formation between Norway and Thailand?
- 6.69 billion current US$, with Thailand ahead.
- How many years of comparable data are there for Norway and Thailand?
- 56 years are reported by both, from 1970 to 2025.
- How do Norway and Thailand rank globally for gross fixed capital formation?
- Norway ranks 32nd and Thailand ranks 30th of 181 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.