Gross capital formation in Laos
Laos: Gross capital formation was 37.50 trillion current LCU in 2016. ◆ Volatile
Gross capital formation in Laos, 1984–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Laos recorded 37.50 trillion current LCU for gross capital formation in 2016. That is the highest value across all 22 years on record.
The figure is up 1.4% on the previous year and up 255.5% over ten years.
Over the whole period, gross capital formation in Laos peaked at 37.50 trillion current LCU in 2016 and was at its lowest, 3.80 billion current LCU, in 1984.
That places Laos 21st out of 187 countries with data for 2016, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Laos, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | 3.80 billion current LCU | — |
| 1985 | 7.50 billion current LCU | +97.4% |
| 1986 | 11.70 billion current LCU | +56.0% |
| 1987 | 19.40 billion current LCU | +65.8% |
| 1988 | 31.70 billion current LCU | +63.4% |
| 2000 | 1.83 trillion current LCU | +5671.9% |
| 2001 | 2.13 trillion current LCU | +16.2% |
| 2002 | 5.13 trillion current LCU | +141.5% |
| 2003 | 5.91 trillion current LCU | +15.1% |
| 2004 | 7.95 trillion current LCU | +34.6% |
| 2005 | 9.93 trillion current LCU | +24.8% |
| 2006 | 10.55 trillion current LCU | +6.3% |
| 2007 | 13.10 trillion current LCU | +24.2% |
| 2008 | 15.08 trillion current LCU | +15.1% |
| 2009 | 16.86 trillion current LCU | +11.8% |
| 2010 | 16.17 trillion current LCU | -4.1% |
| 2011 | 19.72 trillion current LCU | +22.0% |
| 2012 | 26.53 trillion current LCU | +34.5% |
| 2013 | 28.77 trillion current LCU | +8.4% |
| 2014 | 31.83 trillion current LCU | +10.6% |
| 2015 | 37.00 trillion current LCU | +16.3% |
| 2016 | 37.50 trillion current LCU | +1.4% |
Laos compared with similar countries
- Laos's 37.50 trillion current LCU is above the median for lower middle income countries, which is 505.56 billion current LCU, 74.2× the median. (45 countries reporting)
- Laos's 37.50 trillion current LCU is above the median for East Asia & Pacific, which is 177.54 billion current LCU, 211.2× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +5671.9% | 31.70 billion current LCU | 1.83 trillion current LCU |
| 2002 | +141.5% | 2.13 trillion current LCU | 5.13 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 14.82 billion current LCU | 3.80 billion current LCU | 31.70 billion current LCU | 5 |
| 2000s | 8.85 trillion current LCU | 1.83 trillion current LCU | 16.86 trillion current LCU | 10 |
| 2010s | 28.22 trillion current LCU | 16.17 trillion current LCU | 37.50 trillion current LCU | 7 |
Countries ranked near Laos
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 in Laos?
- Gross capital formation in Laos was 37.50 trillion current LCU 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 37.50 trillion current LCU in 2016.
- What is the lowest gross capital formation recorded in Laos?
- The lowest recorded value was 3.80 billion current LCU in 1984.
- How does Laos rank for gross capital formation?
- Laos ranks 21st out of 187 countries with data for 2016.
- Is gross capital formation rising or falling in Laos?
- Over the last ten years it is up 255.5%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.