Gross fixed capital formation, private sector in Thailand
Thailand: Gross fixed capital formation, private sector was 16.5% in 2025. ▼ Falling
Gross fixed capital formation, private sector in Thailand, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross fixed capital formation, private sector in Thailand stood at 16.5%.
That represents a change of up 1.0% on the previous year and down 9.3% over ten years.
Over the whole period, gross fixed capital formation, private sector in Thailand peaked at 34.4% in 1991 and was at its lowest, 11.3%, in 1999.
That places Thailand 51st out of 106 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 56 years of available data.
Gross fixed capital formation, private sector in Thailand, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 16.7% | — |
| 1971 | 16.6% | -0.4% |
| 1972 | 16.0% | -3.8% |
| 1973 | 17.3% | +8.4% |
| 1974 | 19.6% | +12.8% |
| 1975 | 17.7% | -9.5% |
| 1976 | 16.1% | -8.9% |
| 1977 | 18.6% | +15.1% |
| 1978 | 17.6% | -5.2% |
| 1979 | 18.0% | +2.2% |
| 1980 | 18.9% | +5.2% |
| 1981 | 19.0% | +0.7% |
| 1982 | 19.1% | +0.0% |
| 1983 | 20.5% | +7.4% |
| 1984 | 20.3% | -0.8% |
| 1985 | 18.5% | -9.0% |
| 1986 | 18.4% | -0.3% |
| 1987 | 21.7% | +17.8% |
| 1988 | 25.6% | +18.2% |
| 1989 | 29.6% | +15.4% |
| 1990 | 34.2% | +15.8% |
| 1991 | 34.4% | +0.5% |
| 1992 | 31.1% | -9.5% |
| 1993 | 31.3% | +0.7% |
| 1994 | 31.3% | -0.3% |
| 1995 | 32.4% | +3.5% |
| 1996 | 31.2% | -3.6% |
| 1997 | 22.7% | -27.1% |
| 1998 | 12.4% | -45.4% |
| 1999 | 11.3% | -9.1% |
| 2000 | 13.5% | +19.6% |
| 2001 | 15.0% | +10.8% |
| 2002 | 15.1% | +1.2% |
| 2003 | 16.8% | +11.1% |
| 2004 | 18.6% | +10.7% |
| 2005 | 20.7% | +11.0% |
| 2006 | 20.0% | -3.4% |
| 2007 | 18.6% | -7.2% |
| 2008 | 19.9% | +7.0% |
| 2009 | 16.4% | -17.5% |
| 2010 | 17.9% | +9.1% |
| 2011 | 20.1% | +12.6% |
| 2012 | 21.1% | +4.8% |
| 2013 | 19.7% | -6.8% |
| 2014 | 19.4% | -1.2% |
| 2015 | 18.2% | -6.2% |
| 2016 | 17.3% | -4.9% |
| 2017 | 17.1% | -1.2% |
| 2018 | 16.9% | -1.1% |
| 2019 | 16.9% | -0.4% |
| 2020 | 16.8% | -0.5% |
| 2021 | 17.0% | +1.1% |
| 2022 | 17.3% | +2.0% |
| 2023 | 17.2% | -0.3% |
| 2024 | 16.4% | -5.1% |
| 2025 | 16.5% | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.4% | 16.0% | 19.6% | 10 |
| 1980s | 21.2% | 18.4% | 29.6% | 10 |
| 1990s | 27.2% | 11.3% | 34.4% | 10 |
| 2000s | 17.5% | 13.5% | 20.7% | 10 |
| 2010s | 18.5% | 16.9% | 21.1% | 10 |
| 2020s | 16.9% | 16.4% | 17.3% | 6 |
Countries ranked near Thailand
- 48 Ghana 17.0% compare
- 49 Guinea-Bissau 16.9% compare
- 50 Serbia 16.7% compare
- 52 Malaysia 16.5% compare
- 53 Turkmenistan 16.3% compare
- 54 Russian Federation 16.3% 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)
- Gross capital formation (current US$), annual growth rate 12.14 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2207 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 1,778 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 4.48 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 7.26 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 58,470 current LCU per person (2025)
- Imports of goods and services (current US$), annual growth rate 11 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.6727 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in Thailand?
- Gross fixed capital formation, private sector in Thailand was 16.5% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Thailand?
- The highest recorded value was 34.4% in 1991.
- What is the lowest gross fixed capital formation, private sector recorded in Thailand?
- The lowest recorded value was 11.3% in 1999.
- How does Thailand rank for gross fixed capital formation, private sector?
- Thailand ranks 51st out of 106 countries with data for 2025.
- Is gross fixed capital formation, private sector rising or falling in Thailand?
- Over the last ten years it is down 9.3%. The long-run trend across the full record is falling.
- Where does this Thailand data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.