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: World Bank – processed by Our World in Data. Measured in %.
Analysis
Lao People's Democratic Republic recorded 7.0% for annual growth of the gross capital formation in 2016.
That represents a change of 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 53rd out of 167 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% | +337.9% |
| 2003 | 1.3% | -95.8% |
| 2004 | 23.8% | +1675.4% |
| 2005 | 11.9% | -50.1% |
| 2006 | 27.4% | +130.9% |
| 2007 | 35.5% | +29.8% |
| 2008 | 1.6% | -95.4% |
| 2009 | 1.3% | -18.4% |
| 2010 | -12.8% | -1065.4% |
| 2011 | 17.5% | -236.4% |
| 2012 | 29.0% | +65.4% |
| 2013 | 0.2% | -99.3% |
| 2014 | 11.0% | +5123.8% |
| 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)
- Gross capital formation (constant 2015 US$), annual growth rate 7 % change on previous year (2016)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3061 constant 2015 US$ per US$ of GDP (2016)
- Gross capital formation (constant 2015 US$), per capita 705.07 constant 2015 US$ per person (2016)
- Imports of goods and services (current US$), annual growth rate -10.9 % change on previous year (2016)
- Imports of goods and services (current US$), per unit of GDP 0.4188 current US$ per US$ of GDP (2016)
- Imports of goods and services (current US$), per capita 964.65 current US$ per person (2016)
- Imports of goods and services (current LCU), annual growth rate -10.93 % change on previous year (2016)
- Imports of goods and services (current LCU), per unit of GDP 3,403 current LCU 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 World Bank – processed by Our World in Data.
- 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 53rd out of 167 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 World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).