Laos vs Somalia: Gross Fixed Capital Formation — Value Standard Local Currency, 2015
Laos
0.0032 million SLC per US$ of GDP
in 2024
Somalia
0.0043 million SLC per US$ of GDP
in 2024
Laos rank
4th
Somalia rank
2nd
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 over time
- Laos
- Somalia
How they compare
Somalia currently reports 0.0043 million SLC per US$ of GDP against 0.0032 million SLC per US$ of GDP in Laos, a difference of 0.0011 million SLC per US$ of GDP.
That makes Somalia's figure about 1.3 times Laos's.
The two have swapped places 4 times across 41 shared years of data; in 1984 it was Somalia ahead.
Laos ranks 4th and Somalia ranks 2nd of 193 countries.
Across the 5 decades both report, Laos averaged higher in 1 and Somalia in 4.
Head to head by decade
| Decade | Laos | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.0024 million SLC per US$ of GDP | 0.0089 million SLC per US$ of GDP | 0.0065 million SLC per US$ of GDP | Somalia |
| 1990s | 0.0041 million SLC per US$ of GDP | 0.0054 million SLC per US$ of GDP | 0.0013 million SLC per US$ of GDP | Somalia |
| 2000s | 0.0045 million SLC per US$ of GDP | 0.0022 million SLC per US$ of GDP | 0.0022 million SLC per US$ of GDP | Laos |
| 2010s | 0.0027 million SLC per US$ of GDP | 0.0032 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | Somalia |
| 2020s | 0.0033 million SLC per US$ of GDP | 0.0039 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value standard local currency, 2015, Laos or Somalia?
- Somalia, at 0.0043 million SLC per US$ of GDP against 0.0032 million SLC per US$ of GDP in Laos as of 2024.
- What is the difference in gross fixed capital formation — value standard local currency, 2015 between Laos and Somalia?
- 0.0011 million SLC per US$ of GDP, with Somalia ahead.
- How many years of comparable data are there for Laos and Somalia?
- 41 years are reported by both, from 1984 to 2024.
- How do Laos and Somalia rank globally for gross fixed capital formation — value standard local currency, 2015?
- Laos ranks 4th and Somalia ranks 2nd of 193 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.