High income vs Lao People's Democratic Republic: Gross fixed capital formation
Gross fixed capital formation over time
- High income
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports 29.0% against 22.2% in High income, a difference of 6.8%.
That makes Lao People's Democratic Republic's figure about 1.3 times High income's.
The two have swapped places 1 time across 22 shared years of data; in 1984 it was High income ahead.
High income ranks 28th and Lao People's Democratic Republic ranks 28th of 43 groups.
Across the 3 decades both report, High income averaged higher in 1 and Lao People's Democratic Republic in 2.
Head to head by decade
| Decade | High income | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 24.8% | 8.8% | 16.0% | High income |
| 2000s | 22.8% | 27.8% | 4.9% | Lao People's Democratic Republic |
| 2010s | 21.3% | 29.9% | 8.6% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, High income or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at 29.0% against 22.2% in High income as of 2016.
- What is the difference in gross fixed capital formation between High income and Lao People's Democratic Republic?
- 6.8%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for High income and Lao People's Democratic Republic?
- 22 years are reported by both, from 1984 to 2016.
- How do High income and Lao People's Democratic Republic rank globally for gross fixed capital formation?
- High income ranks 28th and Lao People's Democratic Republic ranks 28th of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed 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 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 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.