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

Thailand: Gross fixed capital formation, Private sector, Current prices was 2,849 in 2019. ◆ Volatile

Latest (2019)
2,849
Change on year
up 2.9%
World rank
42nd
of 174 countries
All-time high
2,849
in 2019
All-time low
28.9
in 1970
Years of data
50
1970–2019

Gross fixed capital formation, Private sector, Current prices in Thailand, 1970–2019

01.0k2.0k3.0k197019942019

Source: International Monetary Fund.

Analysis

The most recent figure for gross fixed capital formation, private sector, current prices in Thailand is 2,849, measured in 2019. That is the highest value across all 50 years on record.

That represents a change of up 2.9% on the previous year and up 80.1% over ten years.

Over the whole period, gross fixed capital formation, private sector, current prices in Thailand peaked at 2,849 in 2019 and was at its lowest, 28.9, in 1970.

Thailand ranks 42nd of 174 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

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

Annual values for Gross fixed capital formation, Private sector, Current prices, Domestic currency in Thailand, 1970 to 2019.
Year Value Change
1970 28.9
1971 30.97 +7.2%
1972 34.76 +12.2%
1973 44.43 +27.8%
1974 56.81 +27.8%
1975 61.1 +7.6%
1976 71.37 +16.8%
1977 81.06 +13.6%
1978 96.44 +19.0%
1979 107.11 +11.1%
1980 125.17 +16.9%
1981 143.17 +14.4%
1982 156.12 +9.0%
1983 182.67 +17.0%
1984 194.99 +6.7%
1985 204.97 +5.1%
1986 218.79 +6.7%
1987 294.58 +34.6%
1988 417.13 +41.6%
1989 572.68 +37.3%
1990 779.98 +36.2%
1991 872.53 +11.9%
1992 907.5 +4.0%
1993 1,023 +12.7%
1994 1,154 +12.8%
1995 1,364 +18.3%
1996 1,447 +6.1%
1997 1,071 -26.0%
1998 583.78 -45.5%
1999 540.36 -7.4%
2000 684.31 +26.6%
2001 799.68 +16.9%
2002 873.97 +9.3%
2003 1,063 +21.6%
2004 1,296 +21.9%
2005 1,575 +21.6%
2006 1,680 +6.6%
2007 1,684 +0.3%
2008 1,928 +14.5%
2009 1,582 -17.9%
2010 1,932 +22.1%
2011 2,277 +17.8%
2012 2,608 +14.5%
2013 2,541 -2.5%
2014 2,572 +1.2%
2015 2,506 -2.6%
2016 2,528 +0.9%
2017 2,655 +5.0%
2018 2,769 +4.3%
2019 2,849 +2.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 61.29 28.9 107.11 10
1980s 251.03 125.17 572.68 10
1990s 974.33 540.36 1,447 10
2000s 1,317 684.31 1,928 10
2010s 2,524 1,932 2,849 10

Countries ranked near Thailand

  1. 39 Sri Lanka 3,284 compare
  2. 40 Senegal 2,976 compare
  3. 41 Sierra Leone 2,885 compare
  4. 43 Argentina 2,286 compare
  5. 44 Gabon 1,851 compare
  6. 45 Benin 1,793 compare

See the full ranking of 174 places →

More economy & growth data for Thailand

All data for Thailand →

Frequently asked questions

What is gross fixed capital formation, private sector, current prices in Thailand?
Gross fixed capital formation, private sector, current prices in Thailand was 2,849 in 2019, according to International Monetary Fund.
What is the highest gross fixed capital formation, private sector, current prices recorded in Thailand?
The highest recorded value was 2,849 in 2019.
What is the lowest gross fixed capital formation, private sector, current prices recorded in Thailand?
The lowest recorded value was 28.9 in 1970.
How does Thailand rank for gross fixed capital formation, private sector, current prices?
Thailand ranks 42nd out of 174 countries with data for 2019.
Is gross fixed capital formation, private sector, current prices rising or falling in Thailand?
Over the last ten years it is up 80.1%. The long-run trend across the full record is volatile.
Where does this Thailand data come from?
The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency. Statizoid updates them automatically from the source API.

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Gross fixed capital formation, Private sector, Current prices in Thailand. Statizoid, drawing on International Monetary Fund. Retrieved 02 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-private-sector-current-prices-domestic-currency/thailand/

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About this data

Indicator
Gross fixed capital formation, Private sector, Current prices, Domestic currency
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
174 places, 7,964 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.