Gross capital formation in Laos
Laos: Gross capital formation was 4.87 billion constant 2015 US$ in 2016. ▲ Rising
Gross capital formation in Laos, 2000–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2016, gross capital formation in Laos stood at 4.87 billion constant 2015 US$. That is the highest value across all 17 years on record.
The figure is up 7.0% on the previous year and up 140.0% over ten years.
Over the whole period, gross capital formation in Laos peaked at 4.87 billion constant 2015 US$ in 2016 and was at its lowest, 803.21 million constant 2015 US$, in 2000.
That places Laos 110th out of 161 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.74 billion constant 2015 US$ | 803.21 million constant 2015 US$ | 2.83 billion constant 2015 US$ | 10 |
| 2010s | 3.78 billion constant 2015 US$ | 2.47 billion constant 2015 US$ | 4.87 billion constant 2015 US$ | 7 |
Countries ranked near Laos
- 107 Mauritania 5.28 billion constant 2015 US$ compare
- 108 Burkina Faso 5.24 billion constant 2015 US$ compare
- 109 Armenia 5.00 billion constant 2015 US$ compare
- 111 Mozambique 4.84 billion constant 2015 US$ compare
- 112 Rwanda 4.70 billion constant 2015 US$ compare
- 113 Albania 4.51 billion constant 2015 US$ compare
More economy & growth data for Laos
- External balance on goods and services as a percent of GDP -8.7% (2016)
- Inflation of consumer prices 7.7% (2025)
- GDP per capita 2,807 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 9.1% (2025)
- Gross domestic product (GDP) 22.10 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,807 constant 2015 US$ (2025)
- DEC alternative conversion factor 20,444 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.36 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 604.50 million current US$ (2025)
- Taxes less subsidies on products 39.84 trillion current LCU (2025)
Frequently asked questions
- What is gross capital formation in Laos?
- Gross capital formation in Laos was 4.87 billion constant 2015 US$ in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Laos?
- The highest recorded value was 4.87 billion constant 2015 US$ in 2016.
- What is the lowest gross capital formation recorded in Laos?
- The lowest recorded value was 803.21 million constant 2015 US$ in 2000.
- How does Laos rank for gross capital formation?
- Laos ranks 110th out of 161 countries with data for 2016.
- Is gross capital formation rising or falling in Laos?
- Over the last ten years it is up 140.0%. The long-run trend across the full record is rising.
- Where does this Laos data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.