Gross Fixed Capital … Deflator Standard Local Currency in Thailand
Thailand: Gross Fixed Capital … Deflator Standard Local Currency 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 184th of 208 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 … Deflator Standard Local Currency 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% |
Thailand compared with similar countries
- Thailand's 108.66 SLC is below the median for upper middle income countries, which is 141.35 SLC, 77% of the median. (51 countries reporting)
- Thailand's 108.66 SLC is below the median for East Asia & Pacific, which is 123.7 SLC, 88% of the median. (24 countries reporting)
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
- 181 Albania 112 SLC compare
- 182 Greece 111.09 SLC compare
- 183 Liechtenstein 109.54 SLC compare
- 185 Sint Maarten (Dutch part) 108.5 SLC compare
- 186 Bolivia (Plurinational State of) 107.28 SLC compare
- 187 Oman 106.69 SLC compare
More economy & growth data for Thailand
- Real gdp growth, annual growth rate -18.06 % change on previous year (2025)
- 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)
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 184th out of 208 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).