Gross Fixed Capital Formation — Value Standard Local Currency, per in Thailand
Thailand: Gross Fixed Capital Formation — Value Standard Local Currency, per was 8.06 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
8.06 million SLC per square kilometre
Change on year
up 1.4%
World rank
66th
of 194 countries
All-time high
8.06 million SLC per square kilometre
in 2023
All-time low
0.0789 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per in Thailand, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, per in Thailand stood at 8.06 million SLC per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 1.4% on the previous year and up 25.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Thailand peaked at 8.06 million SLC per square kilometre in 2023 and was at its lowest, 0.0789 million SLC per square kilometre, in 1970.
That places Thailand 66th out of 194 countries with data for 2023, 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
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0789 million SLC per square kilometre | — |
| 1971 | 0.0807 million SLC per square kilometre | +2.3% |
| 1972 | 0.0871 million SLC per square kilometre | +7.9% |
| 1973 | 0.1126 million SLC per square kilometre | +29.3% |
| 1974 | 0.1467 million SLC per square kilometre | +30.2% |
| 1975 | 0.1565 million SLC per square kilometre | +6.7% |
| 1976 | 0.179 million SLC per square kilometre | +14.4% |
| 1977 | 0.236 million SLC per square kilometre | +31.8% |
| 1978 | 0.278 million SLC per square kilometre | +17.8% |
| 1979 | 0.3223 million SLC per square kilometre | +15.9% |
| 1980 | 0.3738 million SLC per square kilometre | +16.0% |
| 1981 | 0.4324 million SLC per square kilometre | +15.7% |
| 1982 | 0.4606 million SLC per square kilometre | +6.5% |
| 1983 | 0.5326 million SLC per square kilometre | +15.6% |
| 1984 | 0.5742 million SLC per square kilometre | +7.8% |
| 1985 | 0.5831 million SLC per square kilometre | +1.6% |
| 1986 | 0.5937 million SLC per square kilometre | +1.8% |
| 1987 | 0.7299 million SLC per square kilometre | +23.0% |
| 1988 | 0.9722 million SLC per square kilometre | +33.2% |
| 1989 | 1.31 million SLC per square kilometre | +34.4% |
| 1990 | 1.79 million SLC per square kilometre | +37.2% |
| 1991 | 2.07 million SLC per square kilometre | +15.3% |
| 1992 | 2.23 million SLC per square kilometre | +7.9% |
| 1993 | 2.5 million SLC per square kilometre | +11.9% |
| 1994 | 2.89 million SLC per square kilometre | +15.8% |
| 1995 | 3.41 million SLC per square kilometre | +18.1% |
| 1996 | 3.78 million SLC per square kilometre | +10.9% |
| 1997 | 3.19 million SLC per square kilometre | -15.6% |
| 1998 | 2.04 million SLC per square kilometre | -36.1% |
| 1999 | 1.91 million SLC per square kilometre | -6.1% |
| 2000 | 2.14 million SLC per square kilometre | +11.9% |
| 2001 | 2.35 million SLC per square kilometre | +9.9% |
| 2002 | 2.47 million SLC per square kilometre | +5.2% |
| 2003 | 2.85 million SLC per square kilometre | +15.1% |
| 2004 | 3.38 million SLC per square kilometre | +18.8% |
| 2005 | 4.13 million SLC per square kilometre | +22.0% |
| 2006 | 4.41 million SLC per square kilometre | +6.9% |
| 2007 | 4.52 million SLC per square kilometre | +2.4% |
| 2008 | 5.03 million SLC per square kilometre | +11.1% |
| 2009 | 4.37 million SLC per square kilometre | -13.1% |
| 2010 | 5.08 million SLC per square kilometre | +16.2% |
| 2011 | 5.72 million SLC per square kilometre | +12.7% |
| 2012 | 6.53 million SLC per square kilometre | +14.2% |
| 2013 | 6.42 million SLC per square kilometre | -1.7% |
| 2014 | 6.39 million SLC per square kilometre | -0.5% |
| 2015 | 6.6 million SLC per square kilometre | +3.3% |
| 2016 | 6.77 million SLC per square kilometre | +2.6% |
| 2017 | 7.01 million SLC per square kilometre | +3.4% |
| 2018 | 7.3 million SLC per square kilometre | +4.2% |
| 2019 | 7.46 million SLC per square kilometre | +2.2% |
| 2020 | 7.12 million SLC per square kilometre | -4.6% |
| 2021 | 7.44 million SLC per square kilometre | +4.6% |
| 2022 | 7.95 million SLC per square kilometre | +6.7% |
| 2023 | 8.06 million SLC per square kilometre | +1.4% |
Thailand compared with similar countries
- Thailand's 8.06 million SLC per square kilometre is above the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 3.8× the median. (54 countries reporting)
- Thailand's 8.06 million SLC per square kilometre is above the median for East Asia & Pacific, which is 2.25 million SLC per square kilometre, 3.6× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1678 million SLC per square kilometre | 0.0789 million SLC per square kilometre | 0.3223 million SLC per square kilometre | 10 |
| 1980s | 0.6559 million SLC per square kilometre | 0.3738 million SLC per square kilometre | 1.31 million SLC per square kilometre | 10 |
| 1990s | 2.58 million SLC per square kilometre | 1.79 million SLC per square kilometre | 3.78 million SLC per square kilometre | 10 |
| 2000s | 3.57 million SLC per square kilometre | 2.14 million SLC per square kilometre | 5.03 million SLC per square kilometre | 10 |
| 2010s | 6.53 million SLC per square kilometre | 5.08 million SLC per square kilometre | 7.46 million SLC per square kilometre | 10 |
| 2020s | 7.64 million SLC per square kilometre | 7.12 million SLC per square kilometre | 8.06 million SLC per square kilometre | 4 |
Countries ranked near Thailand
- 63 North Macedonia 8.83 million SLC per square kilometre compare
- 64 Djibouti 8.4 million SLC per square kilometre compare
- 65 Gabon 8.28 million SLC per square kilometre compare
- 67 Aruba 7.79 million SLC per square kilometre compare
- 68 Burkina Faso 7.75 million SLC per square kilometre compare
- 69 Congo 6.83 million SLC per square kilometre 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 9.33 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0162 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 130.33 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 18.84 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 31.73 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0327 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 263.07 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 19.13 % change on previous year (2025)
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 8.06 million SLC per square kilometre in 2023, 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 8.06 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Thailand?
- The lowest recorded value was 0.0789 million SLC per square kilometre in 1970.
- How does Thailand rank for gross fixed capital formation — value standard local currency, per?
- Thailand ranks 66th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Thailand?
- Over the last ten years it is up 25.5%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.