Gross capital formation (constant LCU), per unit of GDP in Laos
Laos: Gross capital formation (constant LCU), per unit of GDP was 2,170 constant LCU per US$ of GDP in 2016. ▼ Falling
Gross capital formation (constant LCU), per unit of GDP in Laos, 2000–2016
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Laos recorded 2,170 constant LCU per US$ of GDP for gross capital formation (constant lcu), per unit of gdp in 2016. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 3.0% on the previous year and down 47.9% over ten years.
Over the whole period, gross capital formation (constant lcu), per unit of gdp in Laos peaked at 4,618 constant LCU per US$ of GDP in 2007 and was at its lowest, 2,170 constant LCU per US$ of GDP, in 2016.
That places Laos 5th out of 170 countries with data for 2016, putting it in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Gross capital formation (constant LCU), per unit of GDP in Laos, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2000 | 3,289 constant LCU per US$ of GDP | — |
| 2001 | 3,453 constant LCU per US$ of GDP | +5.0% |
| 2002 | 4,578 constant LCU per US$ of GDP | +32.6% |
| 2003 | 4,031 constant LCU per US$ of GDP | -11.9% |
| 2004 | 4,267 constant LCU per US$ of GDP | +5.8% |
| 2005 | 4,129 constant LCU per US$ of GDP | -3.2% |
| 2006 | 4,164 constant LCU per US$ of GDP | +0.9% |
| 2007 | 4,618 constant LCU per US$ of GDP | +10.9% |
| 2008 | 3,639 constant LCU per US$ of GDP | -21.2% |
| 2009 | 3,441 constant LCU per US$ of GDP | -5.4% |
| 2010 | 2,454 constant LCU per US$ of GDP | -28.7% |
| 2011 | 2,351 constant LCU per US$ of GDP | -4.2% |
| 2012 | 2,602 constant LCU per US$ of GDP | +10.7% |
| 2013 | 2,218 constant LCU per US$ of GDP | -14.8% |
| 2014 | 2,222 constant LCU per US$ of GDP | +0.1% |
| 2015 | 2,237 constant LCU per US$ of GDP | +0.7% |
| 2016 | 2,170 constant LCU per US$ of GDP | -3.0% |
Laos compared with similar countries
- Laos's 2,170 constant LCU per US$ of GDP is above the median for lower middle income countries, which is 4.74 constant LCU per US$ of GDP, 458.1× the median. (43 countries reporting)
- Laos's 2,170 constant LCU per US$ of GDP is above the median for East Asia & Pacific, which is 1.01 constant LCU per US$ of GDP, 2155.4× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,961 constant LCU per US$ of GDP | 3,289 constant LCU per US$ of GDP | 4,618 constant LCU per US$ of GDP | 10 |
| 2010s | 2,322 constant LCU per US$ of GDP | 2,170 constant LCU per US$ of GDP | 2,602 constant LCU per US$ of GDP | 7 |
Countries ranked near Laos
- 2 Somalia 7,505 constant LCU per US$ of GDP compare
- 3 Vietnam 4,761 constant LCU per US$ of GDP compare
- 4 Indonesia 3,057 constant LCU per US$ of GDP compare
- 6 Guinea 1,486 constant LCU per US$ of GDP compare
- 7 Paraguay 1,416 constant LCU per US$ of GDP compare
- 8 Cambodia 1,064 constant LCU per US$ of GDP compare
More economy & growth data for Laos
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6,670 BoP, current US$ (2022)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2022)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0009 BoP, current US$ per person (2022)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 988.46 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -44.51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0599 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 127.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gross capital formation (constant lcu), per unit of gdp in Laos?
- Gross capital formation (constant lcu), per unit of gdp in Laos was 2,170 constant LCU per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per unit of gdp recorded in Laos?
- The highest recorded value was 4,618 constant LCU per US$ of GDP in 2007.
- What is the lowest gross capital formation (constant lcu), per unit of gdp recorded in Laos?
- The lowest recorded value was 2,170 constant LCU per US$ of GDP in 2016.
- How does Laos rank for gross capital formation (constant lcu), per unit of gdp?
- Laos ranks 5th out of 170 countries with data for 2016.
- Is gross capital formation (constant lcu), per unit of gdp rising or falling in Laos?
- Over the last ten years it is down 47.9%. The long-run trend across the full record is falling.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.