Thailand - Gross fixed capital formation

Gross fixed capital formation, private sector (current LCU)

The value for Gross fixed capital formation, private sector (current LCU) in Thailand was 2,609,750,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 2,842,690,000,000 in 2019 and a minimum value of 24,600,000,000 in 1970.

Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 24,600,000,000
1971 25,500,000,000
1972 27,200,000,000
1973 38,500,000,000
1974 54,600,000,000
1975 53,700,000,000
1976 55,900,000,000
1977 74,900,000,000
1978 85,900,000,000
1979 100,500,000,000
1980 125,376,000,000
1981 144,835,000,000
1982 160,326,000,000
1983 188,493,000,000
1984 200,523,000,000
1985 195,080,000,000
1986 208,614,000,000
1987 281,787,000,000
1988 399,821,000,000
1989 549,200,000,000
1990 747,700,000,000
1991 862,598,000,000
1992 881,454,000,000
1993 1,023,050,000,000
1994 1,153,560,000,000
1995 1,364,440,000,000
1996 1,447,070,000,000
1997 1,071,020,000,000
1998 583,782,000,000
1999 540,362,000,000
2000 684,307,000,000
2001 799,685,000,000
2002 873,974,000,000
2003 1,063,010,000,000
2004 1,295,990,000,000
2005 1,575,290,000,000
2006 1,679,700,000,000
2007 1,684,450,000,000
2008 1,928,200,000,000
2009 1,582,370,000,000
2010 1,932,150,000,000
2011 2,276,920,000,000
2012 2,607,560,000,000
2013 2,541,240,000,000
2014 2,572,180,000,000
2015 2,506,160,000,000
2016 2,529,340,000,000
2017 2,653,500,000,000
2018 2,767,230,000,000
2019 2,842,690,000,000
2020 2,609,750,000,000

Gross fixed capital formation, private sector (% of GDP)

Gross fixed capital formation, private sector (% of GDP) in Thailand was 16.62 as of 2020. Its highest value over the past 50 years was 34.41 in 1991, while its lowest value was 11.28 in 1999.

Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 16.69
1971 16.62
1972 15.99
1973 17.33
1974 19.56
1975 17.71
1976 16.13
1977 18.56
1978 17.60
1979 17.98
1980 18.93
1981 19.05
1982 19.05
1983 20.47
1984 20.29
1985 18.46
1986 18.41
1987 21.68
1988 25.63
1989 29.57
1990 34.24
1991 34.41
1992 31.14
1993 31.35
1994 31.27
1995 32.35
1996 31.20
1997 22.74
1998 12.42
1999 11.28
2000 13.50
2001 14.96
2002 15.15
2003 16.83
2004 18.64
2005 20.69
2006 19.99
2007 18.56
2008 19.86
2009 16.38
2010 17.88
2011 20.14
2012 21.10
2013 19.68
2014 19.44
2015 18.24
2016 17.34
2017 17.13
2018 16.91
2019 16.82
2020 16.62

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Thailand was $115,705,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $122,569,000,000 in 2019 and $356,674,100 in 1960.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $356,674,100
1961 $394,854,300
1962 $483,381,200
1963 $580,172,800
1964 $698,028,900
1965 $768,557,700
1966 $979,038,500
1967 $1,198,413,000
1968 $1,321,010,000
1969 $1,479,519,000
1970 $1,682,452,000
1971 $1,720,529,000
1972 $1,857,260,000
1973 $2,436,950,000
1974 $3,191,690,000
1975 $3,404,435,000
1976 $3,890,520,000
1977 $5,128,504,000
1978 $6,060,601,000
1979 $6,996,410,000
1980 $8,985,319,000
1981 $9,753,304,000
1982 $9,857,697,000
1983 $11,397,260,000
1984 $11,954,580,000
1985 $10,567,400,000
1986 $11,110,460,000
1987 $13,966,950,000
1988 $18,918,950,000
1989 $25,012,680,000
1990 $34,463,420,000
1991 $40,896,660,000
1992 $43,751,120,000
1993 $50,350,130,000
1994 $58,673,000,000
1995 $69,948,150,000
1996 $76,243,180,000
1997 $51,979,670,000
1998 $25,181,170,000
1999 $25,853,170,000
2000 $27,269,030,000
2001 $27,043,090,000
2002 $29,427,450,000
2003 $35,073,130,000
2004 $42,989,130,000
2005 $52,465,140,000
2006 $59,534,610,000
2007 $66,935,300,000
2008 $77,064,140,000
2009 $65,100,330,000
2010 $81,840,260,000
2011 $95,806,200,000
2012 $107,315,000,000
2013 $106,695,000,000
2014 $100,456,000,000
2015 $98,431,950,000
2016 $98,024,100,000
2017 $105,457,000,000
2018 $115,288,000,000
2019 $122,569,000,000
2020 $115,705,000,000

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Thailand was 3,620,840,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 3,805,470,000,000 in 2019 and a minimum value of 7,555,000,000 in 1960.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 7,555,000,000
1961 8,315,000,000
1962 10,093,000,000
1963 12,085,000,000
1964 14,519,000,000
1965 15,986,000,000
1966 20,364,000,000
1967 24,927,000,000
1968 27,477,000,000
1969 30,774,000,000
1970 34,995,000,000
1971 35,787,000,000
1972 38,631,000,000
1973 49,937,000,000
1974 65,031,000,000
1975 69,380,000,000
1976 79,367,000,000
1977 104,622,000,000
1978 123,249,000,000
1979 142,859,000,000
1980 183,987,000,000
1981 212,821,000,000
1982 226,728,000,000
1983 262,138,000,000
1984 282,599,000,000
1985 286,999,000,000
1986 292,193,000,000
1987 359,269,000,000
1988 478,534,000,000
1989 642,876,000,000
1990 881,764,000,000
1991 1,043,550,000,000
1992 1,111,280,000,000
1993 1,274,850,000,000
1994 1,475,630,000,000
1995 1,742,770,000,000
1996 1,932,210,000,000
1997 1,630,310,000,000
1998 1,041,480,000,000
1999 977,604,000,000
2000 1,093,810,000,000
2001 1,201,580,000,000
2002 1,264,210,000,000
2003 1,455,000,000,000
2004 1,729,130,000,000
2005 2,110,150,000,000
2006 2,255,290,000,000
2007 2,310,490,000,000
2008 2,567,260,000,000
2009 2,232,020,000,000
2010 2,593,170,000,000
2011 2,921,290,000,000
2012 3,335,700,000,000
2013 3,278,320,000,000
2014 3,262,780,000,000
2015 3,371,070,000,000
2016 3,459,900,000,000
2017 3,579,180,000,000
2018 3,724,970,000,000
2019 3,805,470,000,000
2020 3,620,840,000,000

Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Thailand was 103,883,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 113,557,000,000 in 1996 and 2,884,950,000 in 1960.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 2,884,950,000
1961 3,071,077,000
1962 3,629,448,000
1963 4,311,916,000
1964 5,304,588,000
1965 5,769,892,000
1966 7,041,767,000
1967 8,685,854,000
1968 9,430,394,000
1969 10,578,160,000
1970 12,406,770,000
1971 12,471,910,000
1972 12,569,620,000
1973 13,839,570,000
1974 13,807,000,000
1975 13,709,290,000
1976 15,500,290,000
1977 19,212,600,000
1978 21,329,230,000
1979 22,175,840,000
1980 22,989,950,000
1981 24,485,770,000
1982 24,367,590,000
1983 27,916,780,000
1984 29,556,780,000
1985 28,448,410,000
1986 28,253,070,000
1987 33,458,970,000
1988 40,802,570,000
1989 49,992,860,000
1990 64,790,900,000
1991 73,006,860,000
1992 77,852,080,000
1993 85,073,580,000
1994 94,879,370,000
1995 106,141,000,000
1996 113,557,000,000
1997 88,813,330,000
1998 49,711,950,000
1999 47,480,210,000
2000 48,948,240,000
2001 49,846,400,000
2002 52,932,970,000
2003 59,622,960,000
2004 69,082,010,000
2005 78,946,500,000
2006 81,009,380,000
2007 82,430,970,000
2008 84,356,420,000
2009 75,186,270,000
2010 83,907,320,000
2011 87,993,090,000
2012 97,431,790,000
2013 96,446,280,000
2014 94,313,990,000
2015 98,431,950,000
2016 101,266,000,000
2017 103,133,000,000
2018 107,015,000,000
2019 109,155,000,000
2020 103,883,000,000

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Thailand was -4.83 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 29.60 in 1990 and a minimum value of -44.03 in 1998.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 6.45
1962 18.18
1963 18.80
1964 23.02
1965 8.77
1966 22.04
1967 23.35
1968 8.57
1969 12.17
1970 17.29
1971 0.53
1972 0.78
1973 10.10
1974 -0.24
1975 -0.71
1976 13.06
1977 23.95
1978 11.02
1979 3.97
1980 3.67
1981 6.51
1982 -0.48
1983 14.57
1984 5.87
1985 -3.75
1986 -0.69
1987 18.43
1988 21.95
1989 22.52
1990 29.60
1991 12.68
1992 6.64
1993 9.28
1994 11.53
1995 11.87
1996 6.99
1997 -21.79
1998 -44.03
1999 -4.49
2000 3.09
2001 1.83
2002 6.19
2003 12.64
2004 15.86
2005 14.28
2006 2.61
2007 1.75
2008 2.34
2009 -10.87
2010 11.60
2011 4.87
2012 10.73
2013 -1.01
2014 -2.21
2015 4.37
2016 2.88
2017 1.84
2018 3.76
2019 2.00
2020 -4.83

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Thailand was 2,481,060,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 2,712,100,000,000 in 1996 and a minimum value of 68,901,700,000 in 1960.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 68,901,700,000
1961 73,346,990,000
1962 86,682,660,000
1963 102,982,000,000
1964 126,690,000,000
1965 137,803,000,000
1966 168,180,000,000
1967 207,446,000,000
1968 225,228,000,000
1969 252,640,000,000
1970 296,313,000,000
1971 297,868,000,000
1972 300,202,000,000
1973 330,533,000,000
1974 329,755,000,000
1975 327,421,000,000
1976 370,196,000,000
1977 458,857,000,000
1978 509,409,000,000
1979 529,629,000,000
1980 549,072,000,000
1981 584,797,000,000
1982 581,975,000,000
1983 666,741,000,000
1984 705,909,000,000
1985 679,438,000,000
1986 674,772,000,000
1987 799,106,000,000
1988 974,494,000,000
1989 1,193,990,000,000
1990 1,547,410,000,000
1991 1,743,630,000,000
1992 1,859,350,000,000
1993 2,031,830,000,000
1994 2,266,020,000,000
1995 2,534,990,000,000
1996 2,712,100,000,000
1997 2,121,140,000,000
1998 1,187,280,000,000
1999 1,133,980,000,000
2000 1,169,040,000,000
2001 1,190,490,000,000
2002 1,264,210,000,000
2003 1,423,980,000,000
2004 1,649,900,000,000
2005 1,885,490,000,000
2006 1,934,760,000,000
2007 1,968,710,000,000
2008 2,014,700,000,000
2009 1,795,690,000,000
2010 2,003,970,000,000
2011 2,101,550,000,000
2012 2,326,980,000,000
2013 2,303,440,000,000
2014 2,252,520,000,000
2015 2,350,870,000,000
2016 2,418,540,000,000
2017 2,463,150,000,000
2018 2,555,860,000,000
2019 2,606,960,000,000
2020 2,481,060,000,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Thailand was 23.07 as of 2020. Its highest value over the past 60 years was 41.65 in 1996, while its lowest value was 12.92 in 1960.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 12.92
1961 13.01
1962 14.61
1963 16.39
1964 17.95
1965 17.51
1966 18.55
1967 21.25
1968 21.72
1969 22.10
1970 23.74
1971 23.33
1972 22.71
1973 22.48
1974 23.29
1975 22.88
1976 22.91
1977 25.93
1978 25.25
1979 25.56
1980 27.77
1981 27.99
1982 26.94
1983 28.46
1984 28.60
1985 27.17
1986 25.78
1987 27.64
1988 30.68
1989 34.62
1990 40.38
1991 41.63
1992 39.26
1993 39.06
1994 40.00
1995 41.32
1996 41.65
1997 34.61
1998 22.15
1999 20.41
2000 21.57
2001 22.48
2002 21.91
2003 23.03
2004 24.86
2005 27.71
2006 26.85
2007 25.46
2008 26.45
2009 23.11
2010 23.99
2011 25.84
2012 26.99
2013 25.38
2014 24.66
2015 24.53
2016 23.71
2017 23.11
2018 22.76
2019 22.52
2020 23.07

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts