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

Laos
0.0047 million SLC per US$ of GDP
in 2024
Vietnam
0.007 million SLC per US$ of GDP
in 2024
Laos rank
4th
Vietnam rank
2nd

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

  • Laos
  • Vietnam
00.0020.0040.0060.008198420042024

How they compare

Vietnam currently reports 0.007 million SLC per US$ of GDP against 0.0047 million SLC per US$ of GDP in Laos, a difference of 0.0023 million SLC per US$ of GDP.

That makes Vietnam's figure about 1.5 times Laos's.

The two have swapped places 1 time across 40 shared years of data; in 1985 it was Laos ahead.

Laos ranks 4th and Vietnam ranks 2nd 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 million SLC per US$ of GDP 0.0001 million SLC per US$ of GDP 0.0001 million SLC per US$ of GDP Vietnam
1990s 0.0003 million SLC per US$ of GDP 0.0025 million SLC per US$ of GDP 0.0022 million SLC per US$ of GDP Vietnam
2000s 0.0028 million SLC per US$ of GDP 0.0054 million SLC per US$ of GDP 0.0025 million SLC per US$ of GDP Vietnam
2010s 0.0026 million SLC per US$ of GDP 0.0065 million SLC per US$ of GDP 0.0038 million SLC per US$ of GDP Vietnam
2020s 0.0042 million SLC per US$ of GDP 0.0071 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, per, Laos or Vietnam?
Vietnam, at 0.007 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 Vietnam?
0.0023 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, per?
Laos ranks 4th and Vietnam ranks 2nd 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 Vietnam: 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/viet-nam/

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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.