Thailand - 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

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts