Gross capital formation as a share of GDP reached 23.4 % in 2018 in Thailand, according to the National Statistical Office. This is 10143 % more than in the previous year.
Historically, gross capital formation as a share of GDP in Thailand reached an all time high of 23.4 % in 2018 and an all time low of 0.140 % in 1961. When compared to Thailand's main peers, gross capital formation as a share of GDP in Cambodia amounted to 22.0 %, 24.3 % in Malaysia and 21.9 % in Myanmar in 2018.
Thailand has been ranked 77th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 17 places behind the position seen 10 years ago.
Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.