Gross capital formation (current LCU), annual growth rate in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross capital formation (current LCU), annual growth rate was 1.35 % change on previous year in 2016. ◆ Volatile
Gross capital formation (current LCU), annual growth rate in Lao People's Democratic Republic, 1985–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2016, gross capital formation (current lcu), annual growth rate in Lao People's Democratic Republic stood at 1.35 % change on previous year.
That represents a change of down 91.7% on the previous year and down 78.4% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in Lao People's Democratic Republic peaked at 141.46 % change on previous year in 2002 and was at its lowest, -4.11 % change on previous year, in 2010.
Lao People's Democratic Republic ranks 139th of 186 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 (current LCU), annual growth rate in Lao People's Democratic Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | 97.37 % change on previous year | — |
| 1986 | 56 % change on previous year | -42.5% |
| 1987 | 65.81 % change on previous year | +17.5% |
| 1988 | 63.4 % change on previous year | -3.7% |
| 2001 | 16.23 % change on previous year | -74.4% |
| 2002 | 141.46 % change on previous year | +771.8% |
| 2003 | 15.08 % change on previous year | -89.3% |
| 2004 | 34.61 % change on previous year | +129.6% |
| 2005 | 24.8 % change on previous year | -28.3% |
| 2006 | 6.26 % change on previous year | -74.8% |
| 2007 | 24.22 % change on previous year | +286.9% |
| 2008 | 15.09 % change on previous year | -37.7% |
| 2009 | 11.78 % change on previous year | -21.9% |
| 2010 | -4.11 % change on previous year | -134.8% |
| 2011 | 21.98 % change on previous year | -635.4% |
| 2012 | 34.52 % change on previous year | +57.1% |
| 2013 | 8.45 % change on previous year | -75.5% |
| 2014 | 10.63 % change on previous year | +25.9% |
| 2015 | 16.26 % change on previous year | +52.9% |
| 2016 | 1.35 % change on previous year | -91.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 70.65 % change on previous year | 56 % change on previous year | 97.37 % change on previous year | 4 |
| 2000s | 32.17 % change on previous year | 6.26 % change on previous year | 141.46 % change on previous year | 9 |
| 2010s | 12.73 % change on previous year | -4.11 % change on previous year | 34.52 % change on previous year | 7 |
Countries ranked near Lao People's Democratic Republic
- 136 Saudi Arabia 1.66 % change on previous year compare
- 137 Luxembourg 1.64 % change on previous year compare
- 138 Costa Rica 1.37 % change on previous year compare
- 140 Republic of Korea 1.24 % change on previous year compare
- 141 Mauritius 1.2 % change on previous year compare
- 142 Papua New Guinea 1.08 % change on previous year compare
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 (current US$), annual growth rate 1.39 % change on previous year (2016)
- Gross capital formation (current US$), per unit of GDP 0.2901 current US$ per US$ of GDP (2016)
- Gross capital formation (current US$), per capita 668.11 current US$ per person (2016)
- Gross capital formation (current LCU), per unit of GDP 2,357 current LCU per US$ of GDP (2016)
- Gross capital formation (current LCU), per capita 5.43 million current LCU per person (2016)
- 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)
Frequently asked questions
- What is gross capital formation (current lcu), annual growth rate in Lao People's Democratic Republic?
- Gross capital formation (current lcu), annual growth rate in Lao People's Democratic Republic was 1.35 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in Lao People's Democratic Republic?
- The highest recorded value was 141.46 % change on previous year in 2002.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in Lao People's Democratic Republic?
- The lowest recorded value was -4.11 % change on previous year in 2010.
- How does Lao People's Democratic Republic rank for gross capital formation (current lcu), annual growth rate?
- Lao People's Democratic Republic ranks 139th out of 186 countries with data for 2016.
- Is gross capital formation (current lcu), annual growth rate rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 78.4%. 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 Statizoid (derived), published as part of Gross capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation 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
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.