Gross capital formation in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross capital formation was 7.0% in 2016. ◆ Volatile
Gross capital formation in Lao People's Democratic Republic, 2001–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for gross capital formation in Lao People's Democratic Republic is 7.0%, measured in 2016.
The figure is down 25.4% on the previous year and down 74.4% over ten years.
Over the whole period, 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 64th of 168 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.
Gross capital formation in Lao People's Democratic Republic, year by year
| Year | annual % growth | 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)
- Services, value added (constant LCU), per capita 7.46 million constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 7.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.91 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8935 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 2,077 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.43 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 18,267 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 42.47 million current LCU per person (2025)
Frequently asked questions
- What is gross capital formation in Lao People's Democratic Republic?
- Gross capital formation in Lao People's Democratic Republic was 7.0% in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Lao People's Democratic Republic?
- The highest recorded value was 35.5% in 2007.
- What is the lowest 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 gross capital formation?
- Lao People's Democratic Republic ranks 64th out of 168 countries with data for 2016.
- Is 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.