Gross Fixed Capital Formation Deflator — Value Standard Local in Thailand
Thailand: Gross Fixed Capital Formation Deflator — Value Standard Local was 108.66 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Thailand, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gross fixed capital formation deflator — value standard local in Thailand is 108.66 SLC, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 0.4% on the previous year and up 7.6% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Thailand peaked at 108.66 SLC in 2024 and was at its lowest, 9.45 SLC, in 1970.
Thailand ranks 174th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation Deflator — Value Standard Local in Thailand, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 9.45 SLC | — |
| 1971 | 9.63 SLC | +1.8% |
| 1972 | 10.29 SLC | +6.9% |
| 1973 | 12.1 SLC | +17.5% |
| 1974 | 15.78 SLC | +30.5% |
| 1975 | 16.98 SLC | +7.6% |
| 1976 | 17.18 SLC | +1.2% |
| 1977 | 18.26 SLC | +6.3% |
| 1978 | 19.36 SLC | +6.0% |
| 1979 | 21.59 SLC | +11.5% |
| 1980 | 24.17 SLC | +11.9% |
| 1981 | 26.25 SLC | +8.6% |
| 1982 | 28.1 SLC | +7.1% |
| 1983 | 28.36 SLC | +0.9% |
| 1984 | 28.87 SLC | +1.8% |
| 1985 | 30.47 SLC | +5.5% |
| 1986 | 31.23 SLC | +2.5% |
| 1987 | 32.43 SLC | +3.8% |
| 1988 | 35.42 SLC | +9.2% |
| 1989 | 38.86 SLC | +9.7% |
| 1990 | 41.1 SLC | +5.8% |
| 1991 | 42.77 SLC | +4.1% |
| 1992 | 42.88 SLC | +0.3% |
| 1993 | 43.76 SLC | +2.0% |
| 1994 | 45.41 SLC | +3.8% |
| 1995 | 47.94 SLC | +5.6% |
| 1996 | 49.68 SLC | +3.6% |
| 1997 | 53.6 SLC | +7.9% |
| 1998 | 61.17 SLC | +14.1% |
| 1999 | 60.12 SLC | -1.7% |
| 2000 | 65.25 SLC | +8.5% |
| 2001 | 70.39 SLC | +7.9% |
| 2002 | 69.74 SLC | -0.9% |
| 2003 | 71.26 SLC | +2.2% |
| 2004 | 73.09 SLC | +2.6% |
| 2005 | 78.05 SLC | +6.8% |
| 2006 | 81.29 SLC | +4.2% |
| 2007 | 81.84 SLC | +0.7% |
| 2008 | 88.86 SLC | +8.6% |
| 2009 | 86.68 SLC | -2.5% |
| 2010 | 90.24 SLC | +4.1% |
| 2011 | 96.94 SLC | +7.4% |
| 2012 | 99.97 SLC | +3.1% |
| 2013 | 99.25 SLC | -0.7% |
| 2014 | 101.01 SLC | +1.8% |
| 2015 | 100 SLC | -1.0% |
| 2016 | 99.76 SLC | -0.2% |
| 2017 | 101.33 SLC | +1.6% |
| 2018 | 101.63 SLC | +0.3% |
| 2019 | 101.83 SLC | +0.2% |
| 2020 | 101.94 SLC | +0.1% |
| 2021 | 103.48 SLC | +1.5% |
| 2022 | 108 SLC | +4.4% |
| 2023 | 108.21 SLC | +0.2% |
| 2024 | 108.66 SLC | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.06 SLC | 9.45 SLC | 21.59 SLC | 10 |
| 1980s | 30.41 SLC | 24.17 SLC | 38.86 SLC | 10 |
| 1990s | 48.84 SLC | 41.1 SLC | 61.17 SLC | 10 |
| 2000s | 76.64 SLC | 65.25 SLC | 88.86 SLC | 10 |
| 2010s | 99.2 SLC | 90.24 SLC | 101.83 SLC | 10 |
| 2020s | 106.06 SLC | 101.94 SLC | 108.66 SLC | 5 |
Countries ranked near Thailand
- 171 Albania 112 SLC compare
- 172 Greece 111.09 SLC compare
- 173 Liechtenstein 109.54 SLC compare
- 175 Sint Maarten (Dutch part) 108.5 SLC compare
- 176 Oman 106.69 SLC compare
- 177 Burkina Faso 106.61 SLC compare
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)
- Industry (including construction), value added (constant 2015 US$) 0.8074 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2672 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,153 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.8072 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 6.45 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 52,000 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 10.67 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6018 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Thailand?
- Gross fixed capital formation deflator — value standard local in Thailand was 108.66 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Thailand?
- The highest recorded value was 108.66 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Thailand?
- The lowest recorded value was 9.45 SLC in 1970.
- How does Thailand rank for gross fixed capital formation deflator — value standard local?
- Thailand ranks 174th out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Thailand?
- Over the last ten years it is up 7.6%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).