Gross Fixed Capital Formation — Value US$ in Thailand
Thailand: Gross Fixed Capital Formation — Value US$ was 117,076 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Thailand, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Thailand recorded 117,076 million USD for gross fixed capital formation — value us$ in 2024.
That represents a change of down 1.0% on the previous year and up 16.5% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Thailand peaked at 122,792 million USD in 2019 and was at its lowest, 1,939 million USD, in 1970.
That places Thailand 31st out of 219 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,190 million USD | 1,939 million USD | 8,063 million USD | 10 |
| 1980s | 13,652 million USD | 9,327 million USD | 25,968 million USD | 10 |
| 1990s | 48,020 million USD | 25,181 million USD | 76,243 million USD | 10 |
| 2000s | 48,290 million USD | 27,043 million USD | 77,064 million USD | 10 |
| 2010s | 103,229 million USD | 81,840 million USD | 122,792 million USD | 10 |
| 2020s | 117,247 million USD | 115,789 million USD | 118,936 million USD | 5 |
Countries ranked near Thailand
- 28 Israel 122,978 million USD compare
- 29 Iran (Islamic Republic of) 118,690 million USD compare
- 30 Singapore 117,825 million USD compare
- 32 Norway 114,611 million USD compare
- 33 United Arab Emirates 111,374 million USD compare
- 34 Philippines 108,789 million USD compare
More economy & growth data for Thailand
- External balance on goods and services as a percent of gdp 3.88 (2025)
- Inflation of consumer prices -0.1336 (2025)
- Gdp per capita worldbank constant usd 6,783 (2025)
- Manufacturing value added to gdp 23.74 (2025)
- Gdp worldbank constant usd 485.78 billion (2025)
- Gdp per capita in international and market dollars 6,783 (2025)
- DEC alternative conversion factor 32.88 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 310.09 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 9.43 billion current US$ (2025)
- Net primary income (Net income from abroad) -490.45 billion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Thailand?
- Gross fixed capital formation — value us$ in Thailand was 117,076 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Thailand?
- The highest recorded value was 122,792 million USD in 2019.
- What is the lowest gross fixed capital formation — value us$ recorded in Thailand?
- The lowest recorded value was 1,939 million USD in 1970.
- How does Thailand rank for gross fixed capital formation — value us$?
- Thailand ranks 31st out of 219 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Thailand?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).