Gross capital formation growth Thailand 2010-2019

Published by Kankanit Ciba, Mar 1, 2023
In 2019, the annual growth of gross capital formation in Thailand decreased by approximately 3.7 percent from the previous year. The annual growth of gross capital formation in the country continuously fluctuated from year to year.

Gross capital formation growth in Thailand from 2010 to 2019

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Release date

February 2021

Region

Thailand

Survey time period

2010 to 2019

Supplementary notes

According to The World Bank, Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress."

Figures have been rounded.

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