Gross fixed capital formation in Thailand
Thailand: Gross fixed capital formation was 4.9% in 2025. ◆ Volatile
Gross fixed capital formation in Thailand, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for gross fixed capital formation in Thailand is 4.9%, measured in 2025.
The figure is up 1,520.7% on the previous year and up 12.4% over ten years.
Over the whole period, gross fixed capital formation in Thailand peaked at 29.6% in 1990 and was at its lowest, -44.0%, in 1998.
Thailand ranks 82nd of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in Thailand, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1961 | 6.5% | — |
| 1962 | 18.2% | +181.8% |
| 1963 | 18.8% | +3.4% |
| 1964 | 23.0% | +22.4% |
| 1965 | 8.8% | -61.9% |
| 1966 | 22.0% | +151.3% |
| 1967 | 23.3% | +5.9% |
| 1968 | 8.6% | -63.3% |
| 1969 | 12.2% | +42.0% |
| 1970 | 17.3% | +42.0% |
| 1971 | 0.5% | -97.0% |
| 1972 | 0.8% | +49.2% |
| 1973 | 10.1% | +1189.5% |
| 1974 | -0.2% | -102.3% |
| 1975 | -0.7% | +200.7% |
| 1976 | 13.1% | -1946.0% |
| 1977 | 23.9% | +83.3% |
| 1978 | 11.0% | -54.0% |
| 1979 | 4.0% | -64.0% |
| 1980 | 3.7% | -7.5% |
| 1981 | 6.5% | +77.2% |
| 1982 | -0.5% | -107.4% |
| 1983 | 14.6% | -3117.8% |
| 1984 | 5.9% | -59.7% |
| 1985 | -3.7% | -163.8% |
| 1986 | -0.7% | -81.7% |
| 1987 | 18.4% | -2783.4% |
| 1988 | 21.9% | +19.1% |
| 1989 | 22.5% | +2.6% |
| 1990 | 29.6% | +31.4% |
| 1991 | 12.7% | -57.2% |
| 1992 | 6.6% | -47.7% |
| 1993 | 9.3% | +39.8% |
| 1994 | 11.5% | +24.3% |
| 1995 | 11.9% | +3.0% |
| 1996 | 7.0% | -41.1% |
| 1997 | -21.8% | -411.9% |
| 1998 | -44.0% | +102.1% |
| 1999 | -4.5% | -89.8% |
| 2000 | 3.1% | -168.9% |
| 2001 | 1.8% | -40.7% |
| 2002 | 6.2% | +237.5% |
| 2003 | 12.6% | +104.1% |
| 2004 | 15.9% | +25.5% |
| 2005 | 14.3% | -10.0% |
| 2006 | 2.6% | -81.7% |
| 2007 | 1.8% | -32.8% |
| 2008 | 2.3% | +33.1% |
| 2009 | -10.9% | -565.4% |
| 2010 | 11.6% | -206.7% |
| 2011 | 4.9% | -58.0% |
| 2012 | 10.7% | +120.3% |
| 2013 | -1.0% | -109.4% |
| 2014 | -2.2% | +118.6% |
| 2015 | 4.4% | -297.5% |
| 2016 | 2.9% | -34.1% |
| 2017 | 1.8% | -35.9% |
| 2018 | 3.9% | +113.4% |
| 2019 | 2.0% | -49.7% |
| 2020 | -4.7% | -339.5% |
| 2021 | 3.1% | -165.5% |
| 2022 | 2.3% | -27.3% |
| 2023 | 1.2% | -47.4% |
| 2024 | -0.3% | -129.1% |
| 2025 | 4.9% | -1520.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 15.7% | 6.5% | 23.3% | 9 |
| 1970s | 8.0% | -0.7% | 23.9% | 10 |
| 1980s | 8.9% | -3.7% | 22.5% | 10 |
| 1990s | 1.8% | -44.0% | 29.6% | 10 |
| 2000s | 5.0% | -10.9% | 15.9% | 10 |
| 2010s | 3.9% | -2.2% | 11.6% | 10 |
| 2020s | 1.1% | -4.7% | 4.9% | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 9 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 8,057 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 32.88 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 264,922 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.44 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8419 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Thailand?
- Gross fixed capital formation in Thailand was 4.9% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Thailand?
- The highest recorded value was 29.6% in 1990.
- What is the lowest gross fixed capital formation recorded in Thailand?
- The lowest recorded value was -44.0% in 1998.
- How does Thailand rank for gross fixed capital formation?
- Thailand ranks 82nd out of 166 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Thailand?
- Over the last ten years it is up 12.4%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.