Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Thailand

Thailand: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth was -0.0216 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-0.0216 % change on previous year
Change on year
down 101.8%
World rank
178th
of 235 countries
All-time high
29.69 % change on previous year
in 1990
All-time low
-44.03 % change on previous year
in 1998
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Thailand, 1971–2024

-40-20020197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross fixed capital formation — value us$, 2015 prices, annual growth in Thailand stood at -0.0216 % change on previous year.

Compared with earlier readings it is down 101.8% on the previous year and up 99.0% over ten years.

Over the whole period, gross fixed capital formation — value us$, 2015 prices, annual growth in Thailand peaked at 29.69 % change on previous year in 1990 and was at its lowest, -44.03 % change on previous year, in 1998.

Thailand ranks 178th of 235 countries on this measure, in the bottom quarter.

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

Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Thailand, year by year

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate in Thailand, 1971 to 2024.
Year % change on previous year Change
1971 0.4126 % change on previous year
1972 0.9641 % change on previous year +133.7%
1973 9.99 % change on previous year +936.2%
1974 -0.172 % change on previous year -101.7%
1975 -0.8415 % change on previous year +389.1%
1976 13.07 % change on previous year -1653.1%
1977 23.99 % change on previous year +83.5%
1978 11.13 % change on previous year -53.6%
1979 3.94 % change on previous year -64.6%
1980 3.62 % change on previous year -8.2%
1981 6.51 % change on previous year +79.7%
1982 -0.4826 % change on previous year -107.4%
1983 14.57 % change on previous year -3117.9%
1984 5.87 % change on previous year -59.7%
1985 -3.75 % change on previous year -163.8%
1986 -0.6865 % change on previous year -81.7%
1987 18.43 % change on previous year -2784.1%
1988 21.95 % change on previous year +19.1%
1989 22.46 % change on previous year +2.3%
1990 29.69 % change on previous year +32.2%
1991 10.75 % change on previous year -63.8%
1992 7.67 % change on previous year -28.7%
1993 9.7 % change on previous year +26.4%
1994 11.53 % change on previous year +18.9%
1995 11.87 % change on previous year +3.0%
1996 6.99 % change on previous year -41.1%
1997 -21.79 % change on previous year -411.9%
1998 -44.03 % change on previous year +102.1%
1999 -4.49 % change on previous year -89.8%
2000 3.09 % change on previous year -168.9%
2001 1.83 % change on previous year -40.6%
2002 6.19 % change on previous year +237.5%
2003 12.64 % change on previous year +104.1%
2004 15.87 % change on previous year +25.5%
2005 14.28 % change on previous year -10.0%
2006 2.61 % change on previous year -81.7%
2007 1.75 % change on previous year -32.8%
2008 2.34 % change on previous year +33.1%
2009 -10.87 % change on previous year -565.4%
2010 11.6 % change on previous year -206.7%
2011 4.87 % change on previous year -58.0%
2012 10.73 % change on previous year +120.3%
2013 -1.01 % change on previous year -109.4%
2014 -2.21 % change on previous year +118.6%
2015 4.37 % change on previous year -297.5%
2016 2.88 % change on previous year -34.1%
2017 1.84 % change on previous year -36.0%
2018 3.94 % change on previous year +113.5%
2019 1.98 % change on previous year -49.7%
2020 -4.74 % change on previous year -339.5%
2021 3.05 % change on previous year -164.4%
2022 2.28 % change on previous year -25.4%
2023 1.19 % change on previous year -47.9%
2024 -0.0216 % change on previous year -101.8%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 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.

YearChange FromTo
1983 +3117.9% -0.4826 % change on previous year 14.57 % change on previous year
1987 +2784.1% -0.6865 % change on previous year 18.43 % change on previous year
1976 +1653.1% -0.8415 % change on previous year 13.07 % change on previous year
1973 +936.2% 0.9641 % change on previous year 9.99 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.94 % change on previous year -0.8415 % change on previous year 23.99 % change on previous year 9
1980s 8.85 % change on previous year -3.75 % change on previous year 22.46 % change on previous year 10
1990s 1.79 % change on previous year -44.03 % change on previous year 29.69 % change on previous year 10
2000s 4.97 % change on previous year -10.87 % change on previous year 15.87 % change on previous year 10
2010s 3.9 % change on previous year -2.21 % change on previous year 11.6 % change on previous year 10
2020s 0.3511 % change on previous year -4.74 % change on previous year 3.05 % change on previous year 5

Countries ranked near Thailand

  1. 175 French Polynesia 0.1928 % change on previous year compare
  2. 176 Canada 0.1085 % change on previous year compare
  3. 177 Cyprus 0.0887 % change on previous year compare
  4. 179 Jamaica -0.1393 % change on previous year compare
  5. 180 Guyana -0.3305 % change on previous year compare
  6. 181 Czechoslovakia -0.4679 % change on previous year compare

See the full ranking of 265 places →

More economy & growth data for Thailand

All data for Thailand →

Frequently asked questions

What is gross fixed capital formation — value us$, 2015 prices, annual growth in Thailand?
Gross fixed capital formation — value us$, 2015 prices, annual growth in Thailand was -0.0216 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Thailand?
The highest recorded value was 29.69 % change on previous year in 1990.
What is the lowest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Thailand?
The lowest recorded value was -44.03 % change on previous year in 1998.
How does Thailand rank for gross fixed capital formation — value us$, 2015 prices, annual growth?
Thailand ranks 178th out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$, 2015 prices, annual growth rising or falling in Thailand?
Over the last ten years it is up 99.0%. 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 US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Thailand. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices-annual-growth-rate/thailand/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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 US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
265 places, 13,249 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.