Norway vs Thailand: Gross Fixed Capital Formation β€” Value US$

Norway
114,611 million USD
in 2024
Thailand
117,076 million USD
in 2024
Norway rank
29th
Thailand rank
28th

Gross Fixed Capital Formation β€” Value US$ over time

  • Norway
  • Thailand
025.0k50.0k75.0k100.0k125.0k197019972024

How they compare

Thailand currently reports 117,076 million USD against 114,611 million USD in Norway, a difference of 2,465 million USD.

The two have swapped places 5 times across 55 shared years of data; in 1970 it was Norway ahead.

Norway ranks 29th and Thailand ranks 28th of 200 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 9,967 million USD 4,190 million USD 5,778 million USD Norway
1980s 21,349 million USD 13,652 million USD 7,696 million USD Norway
1990s 31,970 million USD 48,020 million USD 16,050 million USD Thailand
2000s 62,566 million USD 48,290 million USD 14,276 million USD Norway
2010s 104,942 million USD 103,229 million USD 1,713 million USD Norway
2020s 112,246 million USD 117,247 million USD 5,001 million USD Thailand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation β€” value us$, Norway or Thailand?
Thailand, at 117,076 million USD against 114,611 million USD in Norway as of 2024.
What is the difference in gross fixed capital formation β€” value us$ between Norway and Thailand?
2,465 million USD, with Thailand ahead.
How many years of comparable data are there for Norway and Thailand?
55 years are reported by both, from 1970 to 2024.
How do Norway and Thailand rank globally for gross fixed capital formation β€” value us$?
Norway ranks 29th and Thailand ranks 28th of 200 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation β€” Value US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Thailand: Gross Fixed Capital Formation β€” Value US$. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 20 August 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-us/norway/thailand/

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About this data

Indicator
Gross Fixed Capital Formation β€” Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).