Gross fixed capital formation, General government, Current prices in Thailand
Thailand: Gross fixed capital formation, General government, Current prices was 965.03 in 2019. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Thailand, 1970–2019
Source: International Monetary Fund.
Analysis
In 2019, gross fixed capital formation, general government, current prices in Thailand stood at 965.03. That is the highest value across all 50 years on record.
That represents a change of up 0.7% on the previous year and up 48.5% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Thailand peaked at 965.03 in 2019 and was at its lowest, 9.76, in 1972.
Thailand ranks 36th of 174 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, General government, Current prices in Thailand, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 11.43 | — |
| 1971 | 10.27 | -10.2% |
| 1972 | 9.76 | -4.9% |
| 1973 | 13.12 | +34.4% |
| 1974 | 18.14 | +38.3% |
| 1975 | 18.86 | +4.0% |
| 1976 | 20.1 | +6.6% |
| 1977 | 39.51 | +96.6% |
| 1978 | 45.6 | +15.4% |
| 1979 | 57.52 | +26.2% |
| 1980 | 65.8 | +14.4% |
| 1981 | 77.73 | +18.1% |
| 1982 | 79.22 | +1.9% |
| 1983 | 89.42 | +12.9% |
| 1984 | 98.34 | +10.0% |
| 1985 | 92.93 | -5.5% |
| 1986 | 84.5 | -9.1% |
| 1987 | 78.33 | -7.3% |
| 1988 | 79.58 | +1.6% |
| 1989 | 94.74 | +19.1% |
| 1990 | 135.52 | +43.0% |
| 1991 | 182.63 | +34.8% |
| 1992 | 231.45 | +26.7% |
| 1993 | 251.79 | +8.8% |
| 1994 | 322.06 | +27.9% |
| 1995 | 378.33 | +17.5% |
| 1996 | 485.14 | +28.2% |
| 1997 | 559.29 | +15.3% |
| 1998 | 457.7 | -18.2% |
| 1999 | 437.24 | -4.5% |
| 2000 | 409.5 | -6.3% |
| 2001 | 401.89 | -1.9% |
| 2002 | 390.23 | -2.9% |
| 2003 | 391.99 | +0.4% |
| 2004 | 433.13 | +10.5% |
| 2005 | 534.87 | +23.5% |
| 2006 | 575.59 | +7.6% |
| 2007 | 626.03 | +8.8% |
| 2008 | 639.06 | +2.1% |
| 2009 | 649.64 | +1.7% |
| 2010 | 661.01 | +1.8% |
| 2011 | 644.37 | -2.5% |
| 2012 | 728.14 | +13.0% |
| 2013 | 737.09 | +1.2% |
| 2014 | 690.59 | -6.3% |
| 2015 | 864.9 | +25.2% |
| 2016 | 929.94 | +7.5% |
| 2017 | 926.12 | -0.4% |
| 2018 | 958.2 | +3.5% |
| 2019 | 965.03 | +0.7% |
Thailand compared with similar countries
- Thailand's 965.03 is above the median for upper middle income countries, which is 78.55, 12.3× the median. (50 countries reporting)
- Thailand's 965.03 is above the median for East Asia & Pacific, which is 949.31, 1.0× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, General government, Current prices 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 | +96.6% | 20.1 | 39.51 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.43 | 9.76 | 57.52 | 10 |
| 1980s | 84.06 | 65.8 | 98.34 | 10 |
| 1990s | 344.12 | 135.52 | 559.29 | 10 |
| 2000s | 505.19 | 390.23 | 649.64 | 10 |
| 2010s | 810.54 | 644.37 | 965.03 | 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, current prices in Thailand?
- Gross fixed capital formation, general government, current prices in Thailand was 965.03 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, current prices recorded in Thailand?
- The highest recorded value was 965.03 in 2019.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Thailand?
- The lowest recorded value was 9.76 in 1972.
- How does Thailand rank for gross fixed capital formation, general government, current prices?
- Thailand ranks 36th out of 174 countries with data for 2019.
- Is gross fixed capital formation, general government, current prices rising or falling in Thailand?
- Over the last ten years it is up 48.5%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, General government, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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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.