Laos vs Russia: Gross fixed capital formation
Gross fixed capital formation over time
- Laos
- Russia
How they compare
Laos currently reports 34.53 trillion constant LCU against 26.77 trillion constant LCU in Russia, a difference of 7.76 trillion constant LCU.
That makes Laos's figure about 1.3 times Russia's.
The two have swapped places 3 times across 17 shared years of data; in 2000 it was Russia ahead.
Laos ranks 16th and Russia ranks 17th of 167 countries.
Across the 2 decades both report, Laos averaged higher in 1 and Russia in 1.
Head to head by decade
| Decade | Laos | Russia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 12.32 trillion constant LCU | 12.84 trillion constant LCU | 519.35 billion constant LCU | Russia |
| 2010s | 26.78 trillion constant LCU | 19.61 trillion constant LCU | 7.17 trillion constant LCU | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Laos or Russia?
- Laos, at 34.53 trillion constant LCU against 26.77 trillion constant LCU in Russia as of 2016.
- What is the difference in gross fixed capital formation between Laos and Russia?
- 7.76 trillion constant LCU, with Laos ahead.
- How many years of comparable data are there for Laos and Russia?
- 17 years are reported by both, from 2000 to 2016.
- How do Laos and Russia rank globally for gross fixed capital formation?
- Laos ranks 16th and Russia ranks 17th of 167 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.