Gross capital formation in Laos
Laos: Gross capital formation was 4.62 billion current US$ in 2016. ◆ Volatile
Gross capital formation in Laos, 1984–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2016, gross capital formation in Laos stood at 4.62 billion current US$. That is the highest value across all 22 years on record.
The figure is up 1.4% on the previous year and up 344.3% over ten years.
Over the whole period, gross capital formation in Laos peaked at 4.62 billion current US$ in 2016 and was at its lowest, 80.86 million current US$, in 1988.
Laos ranks 131st of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Laos, year by year
| Year | current US$ | Change |
|---|---|---|
| 1984 | 108.57 million current US$ | — |
| 1985 | 166.67 million current US$ | +53.5% |
| 1986 | 123.16 million current US$ | -26.1% |
| 1987 | 110.78 million current US$ | -10.0% |
| 1988 | 80.86 million current US$ | -27.0% |
| 2000 | 232.25 million current US$ | +187.2% |
| 2001 | 239.53 million current US$ | +3.1% |
| 2002 | 510.58 million current US$ | +113.2% |
| 2003 | 561.91 million current US$ | +10.1% |
| 2004 | 751.43 million current US$ | +33.7% |
| 2005 | 931.68 million current US$ | +24.0% |
| 2006 | 1.04 billion current US$ | +11.5% |
| 2007 | 1.36 billion current US$ | +31.3% |
| 2008 | 1.73 billion current US$ | +26.5% |
| 2009 | 1.98 billion current US$ | +14.8% |
| 2010 | 1.96 billion current US$ | -1.1% |
| 2011 | 2.46 billion current US$ | +25.4% |
| 2012 | 3.31 billion current US$ | +34.9% |
| 2013 | 3.67 billion current US$ | +10.8% |
| 2014 | 3.96 billion current US$ | +7.8% |
| 2015 | 4.55 billion current US$ | +15.0% |
| 2016 | 4.62 billion current US$ | +1.4% |
Laos compared with similar countries
- Laos's 4.62 billion current US$ is below the median for lower middle income countries, which is 5.91 billion current US$, 78% of the median. (45 countries reporting)
- Laos's 4.62 billion current US$ is below the median for East Asia & Pacific, which is 6.38 billion current US$, 72% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +187.2% | 80.86 million current US$ | 232.25 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 118.01 million current US$ | 80.86 million current US$ | 166.67 million current US$ | 5 |
| 2000s | 933.71 million current US$ | 232.25 million current US$ | 1.98 billion current US$ | 10 |
| 2010s | 3.50 billion current US$ | 1.96 billion current US$ | 4.62 billion current US$ | 7 |
Countries ranked near Laos
- 128 Trinidad and Tobago 4.75 billion current US$ compare
- 129 Madagascar 4.74 billion current US$ compare
- 130 Tajikistan 4.68 billion current US$ compare
- 132 Palestine 4.39 billion current US$ compare
- 133 Chad 4.37 billion current US$ compare
- 134 Kosovo 4.31 billion current US$ compare
- 134 Kosovo (UNSCR 1244) 4.31 billion current US$ 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gross capital formation in Laos?
- Gross capital formation in Laos was 4.62 billion current US$ 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 4.62 billion current US$ in 2016.
- What is the lowest gross capital formation recorded in Laos?
- The lowest recorded value was 80.86 million current US$ in 1988.
- How does Laos rank for gross capital formation?
- Laos ranks 131st 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 344.3%. 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.