Adjusted savings: consumption of fixed capital in Lao People's Democratic Republic
Lao People's Democratic Republic: Adjusted savings: consumption of fixed capital was 19.1% in 2021. ▲ Rising
Adjusted savings: consumption of fixed capital in Lao People's Democratic Republic, 1984–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Lao People's Democratic Republic recorded 19.1% for adjusted savings: consumption of fixed capital in 2021. That is the highest value across all 38 years on record.
The figure is up 4.2% on the previous year and up 28.6% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Lao People's Democratic Republic peaked at 19.1% in 2021 and was at its lowest, 10.0%, in 1986.
Lao People's Democratic Republic ranks 30th of 204 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 38 years of available data.
Adjusted savings: consumption of fixed capital in Lao People's Democratic Republic, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1984 | 10.9% | — |
| 1985 | 10.0% | -7.9% |
| 1986 | 10.0% | -0.1% |
| 1987 | 10.2% | +1.9% |
| 1988 | 10.1% | -0.4% |
| 1989 | 10.4% | +2.7% |
| 1990 | 12.0% | +15.6% |
| 1991 | 13.4% | +11.0% |
| 1992 | 14.3% | +6.8% |
| 1993 | 14.7% | +3.0% |
| 1994 | 14.6% | -0.9% |
| 1995 | 14.8% | +1.3% |
| 1996 | 14.4% | -2.4% |
| 1997 | 15.1% | +4.9% |
| 1998 | 16.4% | +8.2% |
| 1999 | 15.3% | -6.7% |
| 2000 | 16.1% | +5.5% |
| 2001 | 13.4% | -16.6% |
| 2002 | 12.0% | -10.6% |
| 2003 | 13.1% | +9.0% |
| 2004 | 12.9% | -1.9% |
| 2005 | 13.2% | +2.7% |
| 2006 | 12.7% | -3.6% |
| 2007 | 12.7% | -0.0% |
| 2008 | 14.5% | +13.6% |
| 2009 | 14.6% | +0.7% |
| 2010 | 15.9% | +9.2% |
| 2011 | 14.9% | -6.6% |
| 2012 | 13.0% | -12.2% |
| 2013 | 13.1% | +0.5% |
| 2014 | 13.2% | +1.0% |
| 2015 | 14.5% | +9.2% |
| 2016 | 15.1% | +4.5% |
| 2017 | 15.8% | +4.5% |
| 2018 | 16.9% | +6.9% |
| 2019 | 17.6% | +4.2% |
| 2020 | 18.4% | +4.4% |
| 2021 | 19.1% | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.3% | 10.0% | 10.9% | 6 |
| 1990s | 14.5% | 12.0% | 16.4% | 10 |
| 2000s | 13.5% | 12.0% | 16.1% | 10 |
| 2010s | 15.0% | 13.0% | 17.6% | 10 |
| 2020s | 18.7% | 18.4% | 19.1% | 2 |
Countries ranked near Lao People's Democratic Republic
More economy & growth data for Lao People's Democratic Republic
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6,670 BoP, current US$ (2022)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2022)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0009 BoP, current US$ per person (2022)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 988.46 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -44.51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0599 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 127.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Lao People's Democratic Republic?
- Adjusted savings: consumption of fixed capital in Lao People's Democratic Republic was 19.1% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Lao People's Democratic Republic?
- The highest recorded value was 19.1% in 2021.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Lao People's Democratic Republic?
- The lowest recorded value was 10.0% in 1986.
- How does Lao People's Democratic Republic rank for adjusted savings: consumption of fixed capital?
- Lao People's Democratic Republic ranks 30th out of 204 countries with data for 2021.
- Is adjusted savings: consumption of fixed capital rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 28.6%. The long-run trend across the full record is rising.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.