Laos vs Latin America & Caribbean (excluding high income): Gross capital formation
Gross capital formation over time
- Laos
- Latin America & Caribbean (excluding high income)
How they compare
Laos currently reports 29.0% against 18.7% in Latin America & Caribbean (excluding high income), a difference of 10.3%.
That makes Laos's figure about 1.6 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 1 time across 22 shared years of data; in 1984 it was Latin America & Caribbean (excluding high income) ahead.
Laos ranks 45th and Latin America & Caribbean (excluding high income) ranks 42nd of 187 countries.
Across the 3 decades both report, Laos averaged higher in 2 and Latin America & Caribbean (excluding high income) in 1.
Head to head by decade
| Decade | Laos | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 8.8% | 21.3% | 12.5% | Latin America & Caribbean (excluding high income) |
| 2000s | 27.8% | 20.0% | 7.7% | Laos |
| 2010s | 29.9% | 21.0% | 8.9% | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Laos or Latin America & Caribbean (excluding high income)?
- Laos, at 29.0% against 18.7% in Latin America & Caribbean (excluding high income) as of 2016.
- What is the difference in gross capital formation between Laos and Latin America & Caribbean (excluding high income)?
- 10.3%, with Laos ahead.
- How many years of comparable data are there for Laos and Latin America & Caribbean (excluding high income)?
- 22 years are reported by both, from 1984 to 2016.
- How do Laos and Latin America & Caribbean (excluding high income) rank globally for gross capital formation?
- Laos ranks 45th and Latin America & Caribbean (excluding high income) ranks 42nd of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.