Gross capital formation as a share of GDP reached 24.1 % in 2019 in Thailand, according to the National Statistical Office. This is 3.09 % more than in the previous year.
Historically, gross capital formation as a share of GDP in Thailand reached an all time high of 24.1 % in 2019 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 %, 24.7 % in Malaysia and 22.2 % in Myanmar in 2019.
Thailand has been ranked 69th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 41 places above 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.