Gross fixed capital formation in Thailand
Thailand: Gross fixed capital formation was 116.14 billion constant 2015 US$ in 2025. ◆ Volatile
Gross fixed capital formation in Thailand, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross fixed capital formation in Thailand stood at 116.14 billion constant 2015 US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 4.9% on the previous year and up 18.0% over ten years.
Over the whole period, gross fixed capital formation in Thailand peaked at 116.14 billion constant 2015 US$ in 2025 and was at its lowest, 2.88 billion constant 2015 US$, in 1960.
That places Thailand 24th out of 160 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.07 billion constant 2015 US$ | 2.88 billion constant 2015 US$ | 10.58 billion constant 2015 US$ | 10 |
| 1970s | 15.70 billion constant 2015 US$ | 12.41 billion constant 2015 US$ | 22.18 billion constant 2015 US$ | 10 |
| 1980s | 31.03 billion constant 2015 US$ | 22.99 billion constant 2015 US$ | 49.99 billion constant 2015 US$ | 10 |
| 1990s | 80.13 billion constant 2015 US$ | 47.48 billion constant 2015 US$ | 113.56 billion constant 2015 US$ | 10 |
| 2000s | 68.24 billion constant 2015 US$ | 48.95 billion constant 2015 US$ | 84.36 billion constant 2015 US$ | 10 |
| 2010s | 97.94 billion constant 2015 US$ | 83.91 billion constant 2015 US$ | 109.31 billion constant 2015 US$ | 10 |
| 2020s | 109.87 billion constant 2015 US$ | 104.13 billion constant 2015 US$ | 116.14 billion constant 2015 US$ | 6 |
Countries ranked near Thailand
- 21 Vietnam 141.05 billion constant 2015 US$ compare
- 22 Poland 130.74 billion constant 2015 US$ compare
- 23 Belgium 129.57 billion constant 2015 US$ compare
- 25 Ireland 115.27 billion constant 2015 US$ compare
- 26 Norway 113.93 billion constant 2015 US$ compare
- 27 Algeria 109.39 billion constant 2015 US$ compare
More economy & growth data for Thailand
- 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)
- Net primary income (Net income from abroad) -14.91 billion current US$ (2025)
- GNI per capita 258,075 current LCU (2025)
- GNI per capita, Atlas method 7,690 current US$ (2025)
- GNI 18.48 trillion current LCU (2025)
- GNI 562.10 billion current US$ (2025)
- GNI, Atlas method 550.62 billion current US$ (2025)
Frequently asked questions
- What is gross fixed capital formation in Thailand?
- Gross fixed capital formation in Thailand was 116.14 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Thailand?
- The highest recorded value was 116.14 billion constant 2015 US$ in 2025.
- What is the lowest gross fixed capital formation recorded in Thailand?
- The lowest recorded value was 2.88 billion constant 2015 US$ in 1960.
- How does Thailand rank for gross fixed capital formation?
- Thailand ranks 24th out of 160 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Thailand?
- Over the last ten years it is up 18.0%. The long-run trend across the full record is volatile.
- Where does this Thailand data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.