Gross fixed capital formation (current US$) in Thailand
Thailand: Gross fixed capital formation (current US$) was 130.77 billion current US$ in 2025. ◆ Volatile
Latest (2025)
130.77 billion current US$
Change on year
up 11.9%
World rank
29th
of 181 countries
All-time high
130.77 billion current US$
in 2025
All-time low
356.68 million current US$
in 1960
Years of data
66
1960–2025
Gross fixed capital formation in Thailand, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Thailand recorded 130.77 billion current US$ for gross fixed capital formation in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 11.9% on the previous year and up 32.9% over ten years.
Over the whole period, gross fixed capital formation in Thailand peaked at 130.77 billion current US$ in 2025 and was at its lowest, 356.68 million current US$, in 1960.
That places Thailand 29th out of 181 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$) in Thailand, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 356.68 million current US$ | — |
| 1961 | 394.85 million current US$ | +10.7% |
| 1962 | 483.38 million current US$ | +22.4% |
| 1963 | 580.17 million current US$ | +20.0% |
| 1964 | 698.03 million current US$ | +20.3% |
| 1965 | 768.56 million current US$ | +10.1% |
| 1966 | 979.04 million current US$ | +27.4% |
| 1967 | 1.20 billion current US$ | +22.4% |
| 1968 | 1.32 billion current US$ | +10.2% |
| 1969 | 1.48 billion current US$ | +12.0% |
| 1970 | 1.68 billion current US$ | +13.7% |
| 1971 | 1.72 billion current US$ | +2.3% |
| 1972 | 1.86 billion current US$ | +7.9% |
| 1973 | 2.44 billion current US$ | +31.2% |
| 1974 | 3.19 billion current US$ | +31.0% |
| 1975 | 3.40 billion current US$ | +6.7% |
| 1976 | 3.89 billion current US$ | +14.3% |
| 1977 | 5.13 billion current US$ | +31.8% |
| 1978 | 6.06 billion current US$ | +18.2% |
| 1979 | 7.00 billion current US$ | +15.4% |
| 1980 | 8.99 billion current US$ | +28.4% |
| 1981 | 9.75 billion current US$ | +8.5% |
| 1982 | 9.86 billion current US$ | +1.1% |
| 1983 | 11.40 billion current US$ | +15.6% |
| 1984 | 11.95 billion current US$ | +4.9% |
| 1985 | 10.57 billion current US$ | -11.6% |
| 1986 | 11.11 billion current US$ | +5.1% |
| 1987 | 13.97 billion current US$ | +25.7% |
| 1988 | 18.92 billion current US$ | +35.5% |
| 1989 | 25.01 billion current US$ | +32.2% |
| 1990 | 34.46 billion current US$ | +37.8% |
| 1991 | 40.90 billion current US$ | +18.7% |
| 1992 | 43.75 billion current US$ | +7.0% |
| 1993 | 50.35 billion current US$ | +15.1% |
| 1994 | 58.67 billion current US$ | +16.5% |
| 1995 | 69.95 billion current US$ | +19.2% |
| 1996 | 76.24 billion current US$ | +9.0% |
| 1997 | 51.98 billion current US$ | -31.8% |
| 1998 | 25.18 billion current US$ | -51.6% |
| 1999 | 25.85 billion current US$ | +2.7% |
| 2000 | 27.27 billion current US$ | +5.5% |
| 2001 | 27.04 billion current US$ | -0.8% |
| 2002 | 29.43 billion current US$ | +8.8% |
| 2003 | 35.07 billion current US$ | +19.2% |
| 2004 | 42.99 billion current US$ | +22.6% |
| 2005 | 52.47 billion current US$ | +22.0% |
| 2006 | 59.53 billion current US$ | +13.5% |
| 2007 | 66.94 billion current US$ | +12.4% |
| 2008 | 77.06 billion current US$ | +15.1% |
| 2009 | 65.10 billion current US$ | -15.5% |
| 2010 | 81.84 billion current US$ | +25.7% |
| 2011 | 95.81 billion current US$ | +17.1% |
| 2012 | 107.32 billion current US$ | +12.0% |
| 2013 | 106.70 billion current US$ | -0.6% |
| 2014 | 100.45 billion current US$ | -5.8% |
| 2015 | 98.43 billion current US$ | -2.0% |
| 2016 | 98.02 billion current US$ | -0.4% |
| 2017 | 105.46 billion current US$ | +7.6% |
| 2018 | 115.47 billion current US$ | +9.5% |
| 2019 | 122.79 billion current US$ | +6.3% |
| 2020 | 116.17 billion current US$ | -5.4% |
| 2021 | 119.00 billion current US$ | +2.4% |
| 2022 | 115.80 billion current US$ | -2.7% |
| 2023 | 118.29 billion current US$ | +2.2% |
| 2024 | 116.82 billion current US$ | -1.2% |
| 2025 | 130.77 billion current US$ | +11.9% |
Thailand compared with similar countries
- Thailand's 130.77 billion current US$ is above the median for upper middle income countries, which is 10.71 billion current US$, 12.2× the median. (51 countries reporting)
- Thailand's 130.77 billion current US$ is above the median for East Asia & Pacific, which is 6.21 billion current US$, 21.0× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 825.96 million current US$ | 356.68 million current US$ | 1.48 billion current US$ | 10 |
| 1970s | 3.64 billion current US$ | 1.68 billion current US$ | 7.00 billion current US$ | 10 |
| 1980s | 13.15 billion current US$ | 8.99 billion current US$ | 25.01 billion current US$ | 10 |
| 1990s | 47.73 billion current US$ | 25.18 billion current US$ | 76.24 billion current US$ | 10 |
| 2000s | 48.29 billion current US$ | 27.04 billion current US$ | 77.06 billion current US$ | 10 |
| 2010s | 103.23 billion current US$ | 81.84 billion current US$ | 122.79 billion current US$ | 10 |
| 2020s | 119.47 billion current US$ | 115.80 billion current US$ | 130.77 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)
- SDRs holdings, US dollar, annual growth rate 5.7 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0099 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 79.86 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.6567 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0072 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 58.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.87 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0056 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Thailand?
- Gross fixed capital formation in Thailand was 130.77 billion current US$ 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 130.77 billion current US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Thailand?
- The lowest recorded value was 356.68 million current US$ in 1960.
- How does Thailand rank for gross fixed capital formation?
- Thailand ranks 29th out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Thailand?
- Over the last ten years it is up 32.9%. 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 (current US$). 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 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.