Consumption of Fixed Capital (Agriculture, Forestry and Fishing) in Thailand
Thailand: Consumption of Fixed Capital (Agriculture, Forestry and Fishing) was 198,500 million SLC in 2023. ▲ Rising
Consumption of Fixed Capital (Agriculture, Forestry and Fishing) in Thailand, 1995–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, consumption of fixed capital (agriculture, forestry and fishing) in Thailand stood at 198,500 million SLC. That is the highest value across all 29 years on record.
The figure is up 7.6% on the previous year and up 29.7% over ten years.
Over the whole period, consumption of fixed capital (agriculture, forestry and fishing) in Thailand peaked at 198,500 million SLC in 2023 and was at its lowest, 105,070 million SLC, in 1995.
That places Thailand 25th out of 181 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Consumption of Fixed Capital (Agriculture, Forestry and Fishing) in Thailand, year by year
| Year | million SLC | Change |
|---|---|---|
| 1995 | 105,070 million SLC | — |
| 1996 | 108,766 million SLC | +3.5% |
| 1997 | 111,920 million SLC | +2.9% |
| 1998 | 113,642 million SLC | +1.5% |
| 1999 | 114,164 million SLC | +0.5% |
| 2000 | 113,976 million SLC | -0.2% |
| 2001 | 113,581 million SLC | -0.3% |
| 2002 | 113,532 million SLC | -0.0% |
| 2003 | 114,409 million SLC | +0.8% |
| 2004 | 116,183 million SLC | +1.6% |
| 2005 | 118,443 million SLC | +1.9% |
| 2006 | 121,141 million SLC | +2.3% |
| 2007 | 124,290 million SLC | +2.6% |
| 2008 | 127,900 million SLC | +2.9% |
| 2009 | 131,420 million SLC | +2.8% |
| 2010 | 135,444 million SLC | +3.1% |
| 2011 | 140,744 million SLC | +3.9% |
| 2012 | 146,752 million SLC | +4.3% |
| 2013 | 153,022 million SLC | +4.3% |
| 2014 | 158,242 million SLC | +3.4% |
| 2015 | 161,885 million SLC | +2.3% |
| 2016 | 164,957 million SLC | +1.9% |
| 2017 | 168,097 million SLC | +1.9% |
| 2018 | 171,335 million SLC | +1.9% |
| 2019 | 174,649 million SLC | +1.9% |
| 2020 | 177,901 million SLC | +1.9% |
| 2021 | 181,078 million SLC | +1.8% |
| 2022 | 184,466 million SLC | +1.9% |
| 2023 | 198,500 million SLC | +7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 110,712 million SLC | 105,070 million SLC | 114,164 million SLC | 5 |
| 2000s | 119,488 million SLC | 113,532 million SLC | 131,420 million SLC | 10 |
| 2010s | 157,513 million SLC | 135,444 million SLC | 174,649 million SLC | 10 |
| 2020s | 185,486 million SLC | 177,901 million SLC | 198,500 million SLC | 4 |
Countries ranked near Thailand
More environment data for Thailand
- Historical exposure to drought — Land soil moisture anomaly 1.44 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly 1.54 Percentage change (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.306 °C (2025)
- Temperature change 1.01 °C (2025)
- Industrial roundwood — Import quantity, per unit of GDP 0 m3 per US$ of GDP (2024)
- Industrial roundwood — Import quantity, per capita 0.001 m3 per person (2024)
- Industrial roundwood — Import value, per unit of GDP 0 1000 USD per US$ of GDP (2024)
- Industrial roundwood — Import value, per capita 0.0001 1000 USD per person (2024)
- Industrial roundwood — Export quantity, annual growth rate 16.98 % change on previous year (2024)
Frequently asked questions
- What is consumption of fixed capital (agriculture, forestry and fishing) in Thailand?
- Consumption of fixed capital (agriculture, forestry and fishing) in Thailand was 198,500 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest consumption of fixed capital (agriculture, forestry and fishing) recorded in Thailand?
- The highest recorded value was 198,500 million SLC in 2023.
- What is the lowest consumption of fixed capital (agriculture, forestry and fishing) recorded in Thailand?
- The lowest recorded value was 105,070 million SLC in 1995.
- How does Thailand rank for consumption of fixed capital (agriculture, forestry and fishing)?
- Thailand ranks 25th out of 181 countries with data for 2023.
- Is consumption of fixed capital (agriculture, forestry and fishing) rising or falling in Thailand?
- Over the last ten years it is up 29.7%. The long-run trend across the full record is rising.
- Where does this Thailand data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Consumption of Fixed Capital (Agriculture, Forestry and Fishing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
As part of the FAO Agriculture Capital Stock (ACS) database, the Statistics Division of FAO publishes country-by-country data on physical investment in agriculture, forestry and fishing as measured by the System of National Accounts (SNA) concept of Gross Fixed Capital Formation (GFCF). Additional variables included in the ACS are Net and Gross Capital Stock, Consumption of Fixed Capital, the Agriculture Investment ratio, and the Gross Fixed Capital Formation Agriculture Orientation Index. The FAO Agriculture Capital Stock Database is an analytical database: whenever available, the database integrates official National Accounts data harvested from the UNSD National Accounts Main Aggregates Database (UNSD AMA) and the OECD Annual National Accounts Database (OECD ANA). The database is further supplemented by OECD Structural Analysis database (OECD STAN) and, in a few cases, data from country’s statistics websites. If the full set of official data is not available for any specific country, imputation methods are applied to obtain estimates over the complete time series. Many data points in ACS are estimated and are flagged as such; they do not represent official submissions by Member Countries. With a view of producing internationally comparable net capital stock estimates, the Perpetual Inventory Method (PIM) with a constant geometric depreciation rate is employed to impute missing data. The Perpetual Inventory Method is a well-established economic model to calculate Net Capital Stocks (NCS) and Consumption of Fixed Capital (CFC) from time series of Gross Fixed Capital Formation (GFCF). Specifically, annual measures of the NCS are obtained from cumulating historical series on physical investment flows and deducting the part of assets that are depreciated (the Consumption of Fixed Capital that occurs in every period). In order to implement the PIM, long time series on aggregate GFCF in agriculture, forestry and fishing is required.An attempt is made to rely as much as possible on National Accounts data published by the OECD and UNSD. When country data are partially or fully missing, econometric techniques to impute missing observations are employed. Depending on the pattern of data missingness for the countries, different imputation methods are applied (from among the ARIMAX, PANEL regression, and OLS approaches) for the data series from 1995 to 2022. The values of Agriculture Capital Stock related indicators for 2023, including Agriculture Investment Ratio, Agriculture Orientation Index, Net Capital Stock, Gross Fixed Capital Formation and Consumption of Fixed Capital, are estimated using the Holt-Winters (HW) method (Cipra et al., 1995). The HW method is an exponential smoothing method for forecasting the annual values of economic variables. In this context, the HW method relies on existing (historical) values of the Agriculture Capital Stock. The predicted value is an extrapolation of the historical values to the specified target date, which extends the timeline without considering seasonality in the annual series.All data series in the database are provided both in national currencies and in US dollars as well as in current prices and constant prices with base year 2015.