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
The most recent figure for annual growth of the gross capital formation in Lao People's Democratic Republic is 7.0%, measured in 2016.
Compared with earlier readings it 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.
Lao People's Democratic Republic ranks 54th of 175 countries on this measure, 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% |
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in Lao People's Democratic Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +5006.1% | 0.2% | 11.0% |
| 2004 | +1671.1% | 1.3% | 23.8% |
| 2010 | -1068.3% | 1.3% | -12.8% |
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
- Gross Fixed Capital Formation Deflator — Value Standard Local 1.97 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -6.93 % change on previous year (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 13.91 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -16.69 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate -2.97 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 4.26 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 4.26 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 8 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 5.92 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -11.76 % change on previous year (2024)
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 175 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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