Gross fixed capital formation, General government … General Percent in Thailand
Thailand: Gross fixed capital formation, General government … General Percent was 4.98 in 2019. ▼ Falling
Gross fixed capital formation, General government, Constant prices in Thailand, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, general government, constant prices in Thailand stood at 4.98.
Compared with earlier readings it is down 1.8% on the previous year and down 11.4% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Thailand peaked at 13.3 in 1960 and was at its lowest, 4.26, in 2014.
Thailand ranks 51st of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 60 years of available data.
Gross fixed capital formation, General government … General Percent in Thailand, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 13.3 | — |
| 1961 | 13.14 | -1.2% |
| 1962 | 12.64 | -3.8% |
| 1963 | 12.14 | -4.0% |
| 1964 | 11.84 | -2.4% |
| 1965 | 11.41 | -3.6% |
| 1966 | 10.58 | -7.3% |
| 1967 | 10.21 | -3.5% |
| 1968 | 9.81 | -3.9% |
| 1969 | 10.54 | +7.4% |
| 1970 | 8.44 | -19.9% |
| 1971 | 7.09 | -16.0% |
| 1972 | 6.06 | -14.6% |
| 1973 | 6.31 | +4.1% |
| 1974 | 6.41 | +1.6% |
| 1975 | 5.9 | -7.8% |
| 1976 | 5.69 | -3.7% |
| 1977 | 9.56 | +68.2% |
| 1978 | 9.43 | -1.4% |
| 1979 | 10.13 | +7.4% |
| 1980 | 9.88 | -2.5% |
| 1981 | 10.15 | +2.7% |
| 1982 | 9.17 | -9.6% |
| 1983 | 9.71 | +5.9% |
| 1984 | 9.92 | +2.1% |
| 1985 | 8.49 | -14.4% |
| 1986 | 7.13 | -16.0% |
| 1987 | 5.82 | -18.5% |
| 1988 | 4.78 | -17.9% |
| 1989 | 4.62 | -3.3% |
| 1990 | 5.62 | +21.7% |
| 1991 | 6.71 | +19.4% |
| 1992 | 7.77 | +15.7% |
| 1993 | 7.62 | -1.9% |
| 1994 | 8.69 | +14.1% |
| 1995 | 8.95 | +2.9% |
| 1996 | 10.48 | +17.1% |
| 1997 | 11.51 | +9.9% |
| 1998 | 8.94 | -22.4% |
| 1999 | 8.31 | -7.0% |
| 2000 | 6.86 | -17.4% |
| 2001 | 6.04 | -12.1% |
| 2002 | 5.57 | -7.7% |
| 2003 | 5.11 | -8.3% |
| 2004 | 5.18 | +1.4% |
| 2005 | 5.75 | +11.0% |
| 2006 | 5.66 | -1.6% |
| 2007 | 5.8 | +2.5% |
| 2008 | 5.36 | -7.6% |
| 2009 | 5.62 | +4.9% |
| 2010 | 5.11 | -9.1% |
| 2011 | 4.6 | -10.0% |
| 2012 | 4.7 | +2.2% |
| 2013 | 4.67 | -0.7% |
| 2014 | 4.26 | -8.8% |
| 2015 | 5.22 | +22.7% |
| 2016 | 5.45 | +4.3% |
| 2017 | 5.13 | -5.9% |
| 2018 | 5.08 | -0.9% |
| 2019 | 4.98 | -1.8% |
Thailand compared with similar countries
- Thailand's 4.98 is above the median for upper middle income countries, which is 3.85, 1.3× the median. (50 countries reporting)
- Thailand's 4.98 is above the median for East Asia & Pacific, which is 4.89, 1.0× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, General government … General Percent 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.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +68.2% | 5.69 | 9.56 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.56 | 9.81 | 13.3 | 10 |
| 1970s | 7.5 | 5.69 | 10.13 | 10 |
| 1980s | 7.97 | 4.62 | 10.15 | 10 |
| 1990s | 8.46 | 5.62 | 11.51 | 10 |
| 2000s | 5.7 | 5.11 | 6.86 | 10 |
| 2010s | 4.92 | 4.26 | 5.45 | 10 |
Countries ranked near Thailand
More public sector data for Thailand
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 33.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 1.02 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -74.91 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Thailand?
- Gross fixed capital formation, general government, constant prices in Thailand was 4.98 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in Thailand?
- The highest recorded value was 13.3 in 1960.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Thailand?
- The lowest recorded value was 4.26 in 2014.
- How does Thailand rank for gross fixed capital formation, general government, constant prices?
- Thailand ranks 51st out of 173 countries with data for 2019.
- Is gross fixed capital formation, general government, constant prices rising or falling in Thailand?
- Over the last ten years it is down 11.4%. The long-run trend across the full record is falling.
- Where does this Thailand data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.