Lao People's Democratic Republic vs OECD members: Gross fixed capital formation
Gross fixed capital formation over time
- Lao People's Democratic Republic
- OECD members
How they compare
Lao People's Democratic Republic currently reports 29.0% against 22.2% in OECD members, a difference of 6.8%.
That makes Lao People's Democratic Republic's figure about 1.3 times OECD members's.
The two have swapped places 1 time across 22 shared years of data; in 1984 it was OECD members ahead.
Lao People's Democratic Republic ranks 28th and OECD members ranks 27th of 181 countries.
Across the 3 decades both report, Lao People's Democratic Republic averaged higher in 2 and OECD members in 1.
Head to head by decade
| Decade | Lao People's Democratic Republic | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 8.8% | 24.6% | 15.8% | OECD members |
| 2000s | 27.8% | 22.8% | 4.9% | Lao People's Democratic Republic |
| 2010s | 29.9% | 21.4% | 8.5% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Lao People's Democratic Republic or OECD members?
- Lao People's Democratic Republic, at 29.0% against 22.2% in OECD members as of 2016.
- What is the difference in gross fixed capital formation between Lao People's Democratic Republic and OECD members?
- 6.8%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and OECD members?
- 22 years are reported by both, from 1984 to 2016.
- How do Lao People's Democratic Republic and OECD members rank globally for gross fixed capital formation?
- Lao People's Democratic Republic ranks 28th and OECD members ranks 27th of 181 countries.
- 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.