Gross fixed capital formation (constant 2015 US$), annual growth rate in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross fixed capital formation (constant 2015 US$), annual growth rate was 7 % change on previous year in 2016. ◆ Volatile
Gross fixed capital formation (constant 2015 US$), annual growth rate in Lao People's Democratic Republic, 2001–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2016, gross fixed capital formation (constant 2015 us$), annual growth rate in Lao People's Democratic Republic stood at 7 % change on previous year.
The figure is down 25.4% on the previous year and down 74.4% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), annual growth rate in Lao People's Democratic Republic peaked at 35.54 % change on previous year in 2007 and was at its lowest, -12.84 % change on previous year, in 2010.
That places Lao People's Democratic Republic 59th out of 161 countries with data for 2016, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (constant 2015 US$), annual growth rate in Lao People's Democratic Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 7.26 % change on previous year | — |
| 2002 | 31.79 % change on previous year | +337.7% |
| 2003 | 1.34 % change on previous year | -95.8% |
| 2004 | 23.79 % change on previous year | +1671.2% |
| 2005 | 11.86 % change on previous year | -50.1% |
| 2006 | 27.38 % change on previous year | +130.8% |
| 2007 | 35.54 % change on previous year | +29.8% |
| 2008 | 1.63 % change on previous year | -95.4% |
| 2009 | 1.33 % change on previous year | -18.8% |
| 2010 | -12.84 % change on previous year | -1068.3% |
| 2011 | 17.51 % change on previous year | -236.4% |
| 2012 | 28.97 % change on previous year | +65.4% |
| 2013 | 0.2148 % change on previous year | -99.3% |
| 2014 | 10.97 % change on previous year | +5006.7% |
| 2015 | 9.38 % change on previous year | -14.5% |
| 2016 | 7 % change on previous year | -25.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.77 % change on previous year | 1.33 % change on previous year | 35.54 % change on previous year | 9 |
| 2010s | 8.74 % change on previous year | -12.84 % change on previous year | 28.97 % change on previous year | 7 |
Countries ranked near Lao People's Democratic Republic
- 56 Uganda 7.16 % change on previous year compare
- 57 Oman 7.13 % change on previous year compare
- 58 India 7.08 % change on previous year compare
- 60 Chile 6.97 % change on previous year compare
- 61 Kosovo 6.96 % change on previous year compare
- 61 Kosovo (UNSCR 1244) 6.96 % 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)
- Exports of goods and services (current LCU), annual growth rate 7.85 % change on previous year (2016)
- Exports of goods and services (current LCU), per unit of GDP 2,698 current LCU per US$ of GDP (2016)
- Exports of goods and services (current LCU), per capita 6.21 million current LCU per person (2016)
- Exports of goods and services (constant 2015 US$), annual growth rate 10.46 % change on previous year (2016)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.34 constant 2015 US$ per US$ of GDP (2016)
- Exports of goods and services (constant 2015 US$), per capita 783.11 constant 2015 US$ per person (2016)
- Gross fixed capital formation (current US$), annual growth rate 1.39 % change on previous year (2016)
- Gross fixed capital formation (current US$), per unit of GDP 0.2901 current US$ per US$ of GDP (2016)
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), annual growth rate in Lao People's Democratic Republic?
- Gross fixed capital formation (constant 2015 us$), annual growth rate in Lao People's Democratic Republic was 7 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in Lao People's Democratic Republic?
- The highest recorded value was 35.54 % change on previous year in 2007.
- What is the lowest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in Lao People's Democratic Republic?
- The lowest recorded value was -12.84 % change on previous year in 2010.
- How does Lao People's Democratic Republic rank for gross fixed capital formation (constant 2015 us$), annual growth rate?
- Lao People's Democratic Republic ranks 59th out of 161 countries with data for 2016.
- Is gross fixed capital formation (constant 2015 us$), annual growth rate rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 74.4%. 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 fixed capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed 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 fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.