Laos vs Vietnam: Gross Fixed Capital Formation — Value Standard Local Currency, 2015
Laos
0.0032 million SLC per US$ of GDP
in 2024
Vietnam
0.0057 million SLC per US$ of GDP
in 2024
Laos rank
4th
Vietnam rank
1st
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 over time
- Laos
- Vietnam
How they compare
Vietnam currently reports 0.0057 million SLC per US$ of GDP against 0.0032 million SLC per US$ of GDP in Laos, a difference of 0.0025 million SLC per US$ of GDP.
That makes Vietnam's figure about 1.8 times Laos's.
The two have swapped places 2 times across 40 shared years of data; in 1985 it was Vietnam ahead.
Laos ranks 4th and Vietnam ranks 1st of 193 countries.
Vietnam has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Laos | Vietnam | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.0028 million SLC per US$ of GDP | 0.0033 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | Vietnam |
| 1990s | 0.0041 million SLC per US$ of GDP | 0.01 million SLC per US$ of GDP | 0.0058 million SLC per US$ of GDP | Vietnam |
| 2000s | 0.0045 million SLC per US$ of GDP | 0.0104 million SLC per US$ of GDP | 0.0059 million SLC per US$ of GDP | Vietnam |
| 2010s | 0.0027 million SLC per US$ of GDP | 0.0067 million SLC per US$ of GDP | 0.004 million SLC per US$ of GDP | Vietnam |
| 2020s | 0.0033 million SLC per US$ of GDP | 0.0062 million SLC per US$ of GDP | 0.0029 million SLC per US$ of GDP | Vietnam |
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 Vietnam?
- Vietnam, at 0.0057 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 Vietnam?
- 0.0025 million SLC per US$ of GDP, with Vietnam ahead.
- How many years of comparable data are there for Laos and Vietnam?
- 40 years are reported by both, from 1985 to 2024.
- How do Laos and Vietnam rank globally for gross fixed capital formation — value standard local currency, 2015?
- Laos ranks 4th and Vietnam ranks 1st 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.