Gross Fixed Capital Formation — Value Standard Local Currency, per in Thailand

Thailand: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0577 million SLC per person in 2024. ◆ Volatile

Latest (2024)
0.0577 million SLC per person
Change on year
up 0.4%
World rank
76th
of 194 countries
All-time high
0.0577 million SLC per person
in 2024
All-time low
0.0011 million SLC per person
in 1971
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value Standard Local Currency, per in Thailand, 1970–2024

00.020.040.06197019972024

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

In 2024, gross fixed capital formation — value standard local currency, per in Thailand stood at 0.0577 million SLC per person. That is the highest value across all 55 years on record.

The figure is up 0.4% on the previous year and up 24.1% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, per in Thailand peaked at 0.0577 million SLC per person in 2024 and was at its lowest, 0.0011 million SLC per person, in 1971.

That places Thailand 76th out of 194 countries with data for 2024, putting it in the middle of the range.

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

Gross Fixed Capital Formation — Value Standard Local Currency, per in Thailand, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, per capita in Thailand, 1970 to 2024.
Year million SLC per person Change
1970 0.0011 million SLC per person
1971 0.0011 million SLC per person -0.5%
1972 0.0012 million SLC per person +5.1%
1973 0.0015 million SLC per person +25.9%
1974 0.0019 million SLC per person +26.9%
1975 0.002 million SLC per person +4.1%
1976 0.0022 million SLC per person +11.8%
1977 0.0028 million SLC per person +28.9%
1978 0.0032 million SLC per person +15.3%
1979 0.0037 million SLC per person +13.5%
1980 0.0042 million SLC per person +13.6%
1981 0.0047 million SLC per person +13.4%
1982 0.005 million SLC per person +4.5%
1983 0.0056 million SLC per person +13.4%
1984 0.0059 million SLC per person +5.8%
1985 0.0059 million SLC per person -0.3%
1986 0.0059 million SLC per person +0.0%
1987 0.0072 million SLC per person +20.8%
1988 0.0094 million SLC per person +30.9%
1989 0.0124 million SLC per person +32.2%
1990 0.0167 million SLC per person +34.9%
1991 0.019 million SLC per person +13.4%
1992 0.0201 million SLC per person +6.2%
1993 0.0222 million SLC per person +10.2%
1994 0.0253 million SLC per person +14.1%
1995 0.0295 million SLC per person +16.4%
1996 0.0322 million SLC per person +9.3%
1997 0.0268 million SLC per person -16.7%
1998 0.0169 million SLC per person -36.9%
1999 0.0157 million SLC per person -7.3%
2000 0.0174 million SLC per person +10.6%
2001 0.0189 million SLC per person +8.7%
2002 0.0197 million SLC per person +4.2%
2003 0.0224 million SLC per person +14.0%
2004 0.0264 million SLC per person +17.8%
2005 0.032 million SLC per person +21.0%
2006 0.0339 million SLC per person +6.0%
2007 0.0344 million SLC per person +1.6%
2008 0.038 million SLC per person +10.3%
2009 0.0328 million SLC per person -13.7%
2010 0.0378 million SLC per person +15.4%
2011 0.0423 million SLC per person +12.0%
2012 0.048 million SLC per person +13.5%
2013 0.0469 million SLC per person -2.3%
2014 0.0465 million SLC per person -1.0%
2015 0.0478 million SLC per person +2.8%
2016 0.0488 million SLC per person +2.2%
2017 0.0503 million SLC per person +3.0%
2018 0.0523 million SLC per person +3.9%
2019 0.0533 million SLC per person +2.0%
2020 0.0507 million SLC per person -4.8%
2021 0.053 million SLC per person +4.5%
2022 0.0566 million SLC per person +6.7%
2023 0.0574 million SLC per person +1.4%
2024 0.0577 million SLC per person +0.4%

Thailand compared with similar countries

  • Thailand's 0.0577 million SLC per person is above the median for upper middle income countries, which is 0.0292 million SLC per person, 2.0× the median. (54 countries reporting)
  • Thailand's 0.0577 million SLC per person is above the median for East Asia & Pacific, which is 0.0231 million SLC per person, 2.5× the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0021 million SLC per person 0.0011 million SLC per person 0.0037 million SLC per person 10
1980s 0.0066 million SLC per person 0.0042 million SLC per person 0.0124 million SLC per person 10
1990s 0.0225 million SLC per person 0.0157 million SLC per person 0.0322 million SLC per person 10
2000s 0.0276 million SLC per person 0.0174 million SLC per person 0.038 million SLC per person 10
2010s 0.0474 million SLC per person 0.0378 million SLC per person 0.0533 million SLC per person 10
2020s 0.0551 million SLC per person 0.0507 million SLC per person 0.0577 million SLC per person 5

Countries ranked near Thailand

  1. 73 Mexico 0.0626 million SLC per person compare
  2. 74 Monaco 0.059 million SLC per person compare
  3. 75 South Sudan 0.058 million SLC per person compare
  4. 77 Philippines 0.0538 million SLC per person compare
  5. 78 Kenya 0.0525 million SLC per person compare
  6. 79 Yemen 0.0505 million SLC per person compare

See the full ranking of 194 places →

More economy & growth data for Thailand

All data for Thailand →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, per in Thailand?
Gross fixed capital formation — value standard local currency, per in Thailand was 0.0577 million SLC per person in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, per recorded in Thailand?
The highest recorded value was 0.0577 million SLC per person in 2024.
What is the lowest gross fixed capital formation — value standard local currency, per recorded in Thailand?
The lowest recorded value was 0.0011 million SLC per person in 1971.
How does Thailand rank for gross fixed capital formation — value standard local currency, per?
Thailand ranks 76th out of 194 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, per rising or falling in Thailand?
Over the last ten years it is up 24.1%. The long-run trend across the full record is volatile.
Where does this Thailand data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, per in Thailand. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-per-capita/thailand/

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How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross Fixed Capital Formation — Value Standard Local Currency ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,949 data points, 1970–2024
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.