Thailand - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts