Gross capital formation (current LCU), per unit of GDP in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross capital formation (current LCU), per unit of GDP was 2,357 current LCU per US$ of GDP in 2016. ◆ Volatile
Gross capital formation (current LCU), per unit of GDP in Lao People's Democratic Republic, 1984–2016
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Lao People's Democratic Republic recorded 2,357 current LCU per US$ of GDP for gross capital formation (current lcu), per unit of gdp in 2016.
Compared with earlier readings it is down 8.1% on the previous year and down 22.8% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in Lao People's Democratic Republic peaked at 3,629 current LCU per US$ of GDP in 2005 and was at its lowest, 2.16 current LCU per US$ of GDP, in 1984.
Lao People's Democratic Republic ranks 7th of 187 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), per unit of GDP in Lao People's Democratic Republic, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1984 | 2.16 current LCU per US$ of GDP | — |
| 1985 | 3.17 current LCU per US$ of GDP | +46.5% |
| 1986 | 6.58 current LCU per US$ of GDP | +107.8% |
| 1987 | 17.84 current LCU per US$ of GDP | +171.0% |
| 1988 | 52.92 current LCU per US$ of GDP | +196.6% |
| 2000 | 1,057 current LCU per US$ of GDP | +1897.0% |
| 2001 | 1,202 current LCU per US$ of GDP | +13.8% |
| 2002 | 2,921 current LCU per US$ of GDP | +142.9% |
| 2003 | 2,920 current LCU per US$ of GDP | -0.0% |
| 2004 | 3,361 current LCU per US$ of GDP | +15.1% |
| 2005 | 3,629 current LCU per US$ of GDP | +8.0% |
| 2006 | 3,053 current LCU per US$ of GDP | -15.9% |
| 2007 | 3,103 current LCU per US$ of GDP | +1.6% |
| 2008 | 2,769 current LCU per US$ of GDP | -10.8% |
| 2009 | 2,889 current LCU per US$ of GDP | +4.3% |
| 2010 | 2,267 current LCU per US$ of GDP | -21.5% |
| 2011 | 2,254 current LCU per US$ of GDP | -0.6% |
| 2012 | 2,602 current LCU per US$ of GDP | +15.5% |
| 2013 | 2,401 current LCU per US$ of GDP | -7.8% |
| 2014 | 2,397 current LCU per US$ of GDP | -0.2% |
| 2015 | 2,565 current LCU per US$ of GDP | +7.0% |
| 2016 | 2,357 current LCU per US$ of GDP | -8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 16.54 current LCU per US$ of GDP | 2.16 current LCU per US$ of GDP | 52.92 current LCU per US$ of GDP | 5 |
| 2000s | 2,690 current LCU per US$ of GDP | 1,057 current LCU per US$ of GDP | 3,629 current LCU per US$ of GDP | 10 |
| 2010s | 2,406 current LCU per US$ of GDP | 2,254 current LCU per US$ of GDP | 2,602 current LCU per US$ of GDP | 7 |
Countries ranked near Lao People's Democratic Republic
- 4 Indonesia 5,045 current LCU per US$ of GDP compare
- 5 Uzbekistan 4,186 current LCU per US$ of GDP compare
- 6 Guinea 3,196 current LCU per US$ of GDP compare
- 8 Paraguay 1,908 current LCU per US$ of GDP compare
- 9 Lebanon 1,293 current LCU per US$ of GDP compare
- 10 Cambodia 1,265 current LCU per US$ of GDP 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), annual growth rate 1.35 % change on previous year (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), per unit of gdp in Lao People's Democratic Republic?
- Gross capital formation (current lcu), per unit of gdp in Lao People's Democratic Republic was 2,357 current LCU per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in Lao People's Democratic Republic?
- The highest recorded value was 3,629 current LCU per US$ of GDP in 2005.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in Lao People's Democratic Republic?
- The lowest recorded value was 2.16 current LCU per US$ of GDP in 1984.
- How does Lao People's Democratic Republic rank for gross capital formation (current lcu), per unit of gdp?
- Lao People's Democratic Republic ranks 7th out of 187 countries with data for 2016.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 22.8%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
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 (current 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.