Laos vs Somalia: Gross Fixed Capital Formation — Value Standard Local Currency, per

Laos
0.0047 million SLC per US$ of GDP
in 2024
Somalia
0.0058 million SLC per US$ of GDP
in 2024
Laos rank
4th
Somalia rank
3rd

Gross Fixed Capital Formation — Value Standard Local Currency, per over time

  • Laos
  • Somalia
00.0020.0040.006197019972024

How they compare

Somalia currently reports 0.0058 million SLC per US$ of GDP against 0.0047 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 1.2 times Laos's.

The two have swapped places 6 times across 41 shared years of data; in 1984 it was Somalia ahead.

Laos ranks 4th and Somalia ranks 3rd 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 million SLC per US$ of GDP 0 million SLC per US$ of GDP 0 million SLC per US$ of GDP Somalia
1990s 0.0003 million SLC per US$ of GDP 0.0009 million SLC per US$ of GDP 0.0006 million SLC per US$ of GDP Somalia
2000s 0.0028 million SLC per US$ of GDP 0.0023 million SLC per US$ of GDP 0.0005 million SLC per US$ of GDP Laos
2010s 0.0026 million SLC per US$ of GDP 0.0033 million SLC per US$ of GDP 0.0007 million SLC per US$ of GDP Somalia
2020s 0.0042 million SLC per US$ of GDP 0.005 million SLC per US$ of GDP 0.0009 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, per, Laos or Somalia?
Somalia, at 0.0058 million SLC per US$ of GDP against 0.0047 million SLC per US$ of GDP in Laos as of 2024.
What is the difference in gross fixed capital formation — value standard local currency, per 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, per?
Laos ranks 4th and Somalia ranks 3rd of 193 countries.
Where does this data come from?
Statizoid (derived), published as Gross Fixed Capital Formation — Value Standard Local Currency, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Laos vs Somalia: Gross Fixed Capital Formation — Value Standard Local Currency, per. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-value-standard-local-currency-per-unit-of-gdp/lao-pdr/somalia-fed-rep/

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About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, per unit of GDP
Unit
million SLC per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 9,436 data points, 1970–2024
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.