Thailand - 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

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts