Gross fixed capital formation, Private sector, Constant prices in Thailand

Thailand: Gross fixed capital formation, Private sector, Constant prices was 14.72 in 2019. ▼ Falling

Latest (2019)
14.72
Change on year
up 0.3%
World rank
94th
of 173 countries
All-time high
39.34
in 1960
All-time low
10.27
in 1999
Years of data
60
1960–2019

Gross fixed capital formation, Private sector, Constant prices in Thailand, 1960–2019

10203040196019892019

Source: International Monetary Fund.

Analysis

Thailand recorded 14.72 for gross fixed capital formation, private sector, constant prices in 2019.

That represents a change of up 0.3% on the previous year and up 7.4% over ten years.

Over the whole period, gross fixed capital formation, private sector, constant prices in Thailand peaked at 39.34 in 1960 and was at its lowest, 10.27, in 1999.

That places Thailand 94th out of 173 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 60 years of available data.

Gross fixed capital formation, Private sector, Constant prices in Thailand, year by year

Annual values for Gross fixed capital formation, Private sector, Constant prices, Percent of GDP in Thailand, 1960 to 2019.
Year Value Change
1960 39.34
1961 38.86 -1.2%
1962 37.39 -3.8%
1963 35.89 -4.0%
1964 35.01 -2.4%
1965 33.76 -3.6%
1966 31.29 -7.3%
1967 30.19 -3.5%
1968 29.02 -3.9%
1969 26.64 -8.2%
1970 21.33 -19.9%
1971 21.39 +0.3%
1972 21.57 +0.9%
1973 21.36 -1.0%
1974 20.06 -6.1%
1975 19.13 -4.7%
1976 20.19 +5.6%
1977 19.63 -2.8%
1978 19.94 +1.6%
1979 18.86 -5.4%
1980 18.79 -0.4%
1981 18.69 -0.6%
1982 18.07 -3.3%
1983 19.84 +9.8%
1984 19.67 -0.9%
1985 18.72 -4.8%
1986 18.47 -1.3%
1987 21.87 +18.4%
1988 25.03 +14.4%
1989 27.91 +11.5%
1990 32.34 +15.9%
1991 32.07 -0.9%
1992 30.45 -5.0%
1993 30.95 +1.6%
1994 31.14 +0.6%
1995 32.27 +3.6%
1996 31.25 -3.1%
1997 22.05 -29.5%
1998 11.4 -48.3%
1999 10.27 -9.9%
2000 11.47 +11.7%
2001 12.01 +4.7%
2002 12.48 +3.9%
2003 13.86 +11.1%
2004 15.5 +11.8%
2005 16.94 +9.2%
2006 16.52 -2.5%
2007 15.6 -5.5%
2008 16.17 +3.6%
2009 13.7 -15.3%
2010 14.95 +9.1%
2011 16.26 +8.8%
2012 16.84 +3.6%
2013 16.09 -4.4%
2014 15.85 -1.5%
2015 15.13 -4.6%
2016 14.8 -2.1%
2017 14.69 -0.8%
2018 14.67 -0.2%
2019 14.72 +0.3%

Averages by decade

DecadeAverage LowestHighest Years
1960s 33.74 26.64 39.34 10
1970s 20.35 18.86 21.57 10
1980s 20.71 18.07 27.91 10
1990s 26.42 10.27 32.34 10
2000s 14.43 11.47 16.94 10
2010s 15.4 14.67 16.84 10

Countries ranked near Thailand

  1. 91 Mexico 15.01 compare
  2. 92 Senegal 14.97 compare
  3. 93 Sri Lanka 14.88 compare
  4. 95 Albania 14.61 compare
  5. 96 Belize 14.57 compare
  6. 97 North Macedonia 14.56 compare

See the full ranking of 173 places →

More economy & growth data for Thailand

All data for Thailand →

Frequently asked questions

What is gross fixed capital formation, private sector, constant prices in Thailand?
Gross fixed capital formation, private sector, constant prices in Thailand was 14.72 in 2019, according to International Monetary Fund.
What is the highest gross fixed capital formation, private sector, constant prices recorded in Thailand?
The highest recorded value was 39.34 in 1960.
What is the lowest gross fixed capital formation, private sector, constant prices recorded in Thailand?
The lowest recorded value was 10.27 in 1999.
How does Thailand rank for gross fixed capital formation, private sector, constant prices?
Thailand ranks 94th out of 173 countries with data for 2019.
Is gross fixed capital formation, private sector, constant prices rising or falling in Thailand?
Over the last ten years it is up 7.4%. The long-run trend across the full record is falling.
Where does this Thailand data come from?
The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.

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Gross fixed capital formation, Private sector, Constant prices in Thailand. Statizoid, drawing on International Monetary Fund. Retrieved 09 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-private-sector-constant-prices-percent-of-gdp/thailand/

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About this data

Indicator
Gross fixed capital formation, Private sector, Constant prices, Percent of GDP
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
173 places, 9,224 data points, 1960–2019
Last refreshed

This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.