Gross capital formation in Thailand
Thailand: Gross capital formation was 127.35 billion current US$ in 2025. ◆ Volatile
Latest (2025)
127.35 billion current US$
Change on year
up 12.1%
World rank
33rd
of 187 countries
All-time high
145.12 billion current US$
in 2021
All-time low
399.31 million current US$
in 1960
Years of data
66
1960–2025
Gross capital formation in Thailand, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Thailand recorded 127.35 billion current US$ for gross capital formation in 2025.
The figure is up 12.1% on the previous year and up 42.0% over ten years.
Over the whole period, gross capital formation in Thailand peaked at 145.12 billion current US$ in 2021 and was at its lowest, 399.31 million current US$, in 1960.
Thailand ranks 33rd of 187 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Thailand, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 399.31 million current US$ | — |
| 1961 | 423.54 million current US$ | +6.1% |
| 1962 | 562.12 million current US$ | +32.7% |
| 1963 | 701.87 million current US$ | +24.9% |
| 1964 | 720.58 million current US$ | +2.7% |
| 1965 | 817.88 million current US$ | +13.5% |
| 1966 | 1.15 billion current US$ | +40.5% |
| 1967 | 1.23 billion current US$ | +7.4% |
| 1968 | 1.42 billion current US$ | +14.6% |
| 1969 | 1.63 billion current US$ | +15.1% |
| 1970 | 1.81 billion current US$ | +11.4% |
| 1971 | 1.79 billion current US$ | -1.6% |
| 1972 | 1.77 billion current US$ | -0.7% |
| 1973 | 2.93 billion current US$ | +65.1% |
| 1974 | 3.65 billion current US$ | +24.7% |
| 1975 | 3.98 billion current US$ | +9.1% |
| 1976 | 4.07 billion current US$ | +2.3% |
| 1977 | 5.32 billion current US$ | +30.5% |
| 1978 | 6.76 billion current US$ | +27.1% |
| 1979 | 7.45 billion current US$ | +10.1% |
| 1980 | 9.43 billion current US$ | +26.6% |
| 1981 | 10.34 billion current US$ | +9.7% |
| 1982 | 9.70 billion current US$ | -6.2% |
| 1983 | 12.00 billion current US$ | +23.7% |
| 1984 | 12.32 billion current US$ | +2.6% |
| 1985 | 10.99 billion current US$ | -10.8% |
| 1986 | 11.15 billion current US$ | +1.5% |
| 1987 | 14.09 billion current US$ | +26.3% |
| 1988 | 20.10 billion current US$ | +42.7% |
| 1989 | 25.34 billion current US$ | +26.1% |
| 1990 | 35.29 billion current US$ | +39.3% |
| 1991 | 42.09 billion current US$ | +19.2% |
| 1992 | 44.54 billion current US$ | +5.8% |
| 1993 | 51.11 billion current US$ | +14.8% |
| 1994 | 60.01 billion current US$ | +17.4% |
| 1995 | 72.56 billion current US$ | +20.9% |
| 1996 | 77.85 billion current US$ | +7.3% |
| 1997 | 51.47 billion current US$ | -33.9% |
| 1998 | 22.82 billion current US$ | -55.7% |
| 1999 | 25.55 billion current US$ | +12.0% |
| 2000 | 28.16 billion current US$ | +10.2% |
| 2001 | 27.80 billion current US$ | -1.3% |
| 2002 | 30.55 billion current US$ | +9.9% |
| 2003 | 36.29 billion current US$ | +18.8% |
| 2004 | 44.40 billion current US$ | +22.4% |
| 2005 | 57.59 billion current US$ | +29.7% |
| 2006 | 59.90 billion current US$ | +4.0% |
| 2007 | 67.04 billion current US$ | +11.9% |
| 2008 | 82.25 billion current US$ | +22.7% |
| 2009 | 58.13 billion current US$ | -29.3% |
| 2010 | 86.49 billion current US$ | +48.8% |
| 2011 | 99.35 billion current US$ | +14.9% |
| 2012 | 111.41 billion current US$ | +12.1% |
| 2013 | 115.41 billion current US$ | +3.6% |
| 2014 | 97.43 billion current US$ | -15.6% |
| 2015 | 89.71 billion current US$ | -7.9% |
| 2016 | 87.24 billion current US$ | -2.8% |
| 2017 | 104.66 billion current US$ | +20.0% |
| 2018 | 127.80 billion current US$ | +22.1% |
| 2019 | 129.55 billion current US$ | +1.4% |
| 2020 | 118.89 billion current US$ | -8.2% |
| 2021 | 145.12 billion current US$ | +22.1% |
| 2022 | 137.92 billion current US$ | -5.0% |
| 2023 | 115.78 billion current US$ | -16.1% |
| 2024 | 113.57 billion current US$ | -1.9% |
| 2025 | 127.35 billion current US$ | +12.1% |
Thailand compared with similar countries
- Thailand's 127.35 billion current US$ is above the median for upper middle income countries, which is 11.53 billion current US$, 11.0× the median. (52 countries reporting)
- Thailand's 127.35 billion current US$ is above the median for East Asia & Pacific, which is 6.38 billion current US$, 20.0× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 905.34 million current US$ | 399.31 million current US$ | 1.63 billion current US$ | 10 |
| 1970s | 3.95 billion current US$ | 1.77 billion current US$ | 7.45 billion current US$ | 10 |
| 1980s | 13.55 billion current US$ | 9.43 billion current US$ | 25.34 billion current US$ | 10 |
| 1990s | 48.33 billion current US$ | 22.82 billion current US$ | 77.85 billion current US$ | 10 |
| 2000s | 49.21 billion current US$ | 27.80 billion current US$ | 82.25 billion current US$ | 10 |
| 2010s | 104.91 billion current US$ | 86.49 billion current US$ | 129.55 billion current US$ | 10 |
| 2020s | 126.44 billion current US$ | 113.57 billion current US$ | 145.12 billion current US$ | 6 |
Countries ranked near Thailand
More economy & growth data for Thailand
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.97 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 9.33 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0162 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 130.33 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 18.84 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 31.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0327 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 263.07 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 19.13 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Thailand?
- Gross capital formation in Thailand was 127.35 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Thailand?
- The highest recorded value was 145.12 billion current US$ in 2021.
- What is the lowest gross capital formation recorded in Thailand?
- The lowest recorded value was 399.31 million current US$ in 1960.
- How does Thailand rank for gross capital formation?
- Thailand ranks 33rd out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Thailand?
- Over the last ten years it is up 42.0%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current US$). Statizoid updates them automatically from the source API.
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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.