Gross fixed capital formation, Private sector … Private Percent in Thailand
Thailand: Gross fixed capital formation, Private sector … Private Percent was 14.72 in 2019. ▼ Falling
Gross fixed capital formation, Private sector, Constant prices in Thailand, 1960–2019
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 … Private Percent in Thailand, year by year
| 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% |
Thailand compared with similar countries
- Thailand's 14.72 is below the median for upper middle income countries, which is 14.94, 98% of the median. (50 countries reporting)
- Thailand's 14.72 is below the median for East Asia & Pacific, which is 17.15, 86% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector … Private Percent in Thailand changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | -48.3% | 22.05 | 11.4 |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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, 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.
Download this data
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About this data
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.