Thailand - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts