Abstract Compact star-forming clumps observed in distant galaxies are often suggested to play a crucial role in galaxy assembly. In this paper, we use a novel approach of applying finite-resolution deconvolution on ground-based images of the COSMOS field to resolve 20,185 star-forming galaxies (SFGs) at 0.5 < z < 2 to an angular resolution of 0.″3 and study their clump fractions. A comparison between the deconvolved images and HST images across four different filters shows good agreement and validates image deconvolution. We model spectral energy distributions using the deconvolved 14-band images to provide resolved surface brightness and stellar-mass density maps for these galaxies. We find that the fraction of clumpy galaxies decreases with increasing stellar masses and with increasing redshift: from ∼30% at z ∼ 0.7 to ∼50% at z ∼ 1.7. Using abundance matching, we also trace the progenitors for galaxies at z ∼ 0.7 and measure the fractional mass contribution of clumps toward their total mass budget. Clumps are observed to have a higher fractional mass contribution toward galaxies at higher redshift: increasing from ∼1% at z ∼ 0.7 to ∼5% at z ∼ 1.7. Finally, the majority of clumpy SFGs have higher specific star formation rates (sSFR) compared to the average SFGs at fixed stellar mass. We discuss the implication of this result for in situ clump formation due to disk instability.