Annual growth of the gross capital formation in Lao People's Democratic Republic
Lao People's Democratic Republic: Annual growth of the gross capital formation was 7.0% in 2016. ◆ Volatile
Annual growth of the gross capital formation in Lao People's Democratic Republic, 2001–2016
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2016, annual growth of the gross capital formation in Lao People's Democratic Republic stood at 7.0%.
The figure is down 25.4% on the previous year and down 74.4% over ten years.
Over the whole period, annual growth of the gross capital formation in Lao People's Democratic Republic peaked at 35.5% in 2007 and was at its lowest, -12.8%, in 2010.
That places Lao People's Democratic Republic 54th out of 174 countries with data for 2016, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Lao People's Democratic Republic, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 7.3% | — |
| 2002 | 31.8% | +337.7% |
| 2003 | 1.3% | -95.8% |
| 2004 | 23.8% | +1671.1% |
| 2005 | 11.9% | -50.1% |
| 2006 | 27.4% | +130.8% |
| 2007 | 35.5% | +29.8% |
| 2008 | 1.6% | -95.4% |
| 2009 | 1.3% | -18.8% |
| 2010 | -12.8% | -1068.3% |
| 2011 | 17.5% | -236.4% |
| 2012 | 29.0% | +65.4% |
| 2013 | 0.2% | -99.3% |
| 2014 | 11.0% | +5006.1% |
| 2015 | 9.4% | -14.5% |
| 2016 | 7.0% | -25.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.8% | 1.3% | 35.5% | 9 |
| 2010s | 8.7% | -12.8% | 29.0% | 7 |
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)
- Households and NPISHs Final consumption expenditure (current LCU) 1.69 % change on previous year (2016)
- Households and NPISHs Final consumption expenditure (current LCU) 5,337 current LCU per US$ of GDP (2016)
- Households and NPISHs Final consumption expenditure (current LCU) 12.29 million current LCU per person (2016)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.53 % change on previous year (2016)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.675 constant 2015 US$ per US$ of GDP (2016)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,555 constant 2015 US$ per person (2016)
- Final consumption expenditure (current US$), annual growth rate 1.78 % change on previous year (2016)
- Final consumption expenditure (current US$), per unit of GDP 0.7967 current US$ per US$ of GDP (2016)
Frequently asked questions
- What is annual growth of the gross capital formation in Lao People's Democratic Republic?
- Annual growth of the gross capital formation in Lao People's Democratic Republic was 7.0% in 2016, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Lao People's Democratic Republic?
- The highest recorded value was 35.5% in 2007.
- What is the lowest annual growth of the gross capital formation recorded in Lao People's Democratic Republic?
- The lowest recorded value was -12.8% in 2010.
- How does Lao People's Democratic Republic rank for annual growth of the gross capital formation?
- Lao People's Democratic Republic ranks 54th out of 174 countries with data for 2016.
- Is annual growth of the gross capital formation rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 74.4%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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