Gross fixed capital formation (constant 2015 US$), per unit of GDP in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross fixed capital formation (constant 2015 US$), per unit of GDP was 0.3061 constant 2015 US$ per US$ of GDP in 2016. ▼ Falling
Gross fixed capital formation (constant 2015 US$), per unit of GDP in Lao People's Democratic Republic, 2000–2016
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation (constant 2015 us$), per unit of gdp in Lao People's Democratic Republic is 0.3061 constant 2015 US$ per US$ of GDP, measured in 2016. That is the lowest value across all 17 years on record.
The figure is down 3.0% on the previous year and down 47.9% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), per unit of gdp in Lao People's Democratic Republic peaked at 0.6515 constant 2015 US$ per US$ of GDP in 2007 and was at its lowest, 0.3061 constant 2015 US$ per US$ of GDP, in 2016.
That places Lao People's Democratic Republic 12th out of 161 countries with data for 2016, putting it in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Gross fixed capital formation (constant 2015 US$), per unit of GDP in Lao People's Democratic Republic, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2000 | 0.464 constant 2015 US$ per US$ of GDP | — |
| 2001 | 0.4871 constant 2015 US$ per US$ of GDP | +5.0% |
| 2002 | 0.6458 constant 2015 US$ per US$ of GDP | +32.6% |
| 2003 | 0.5687 constant 2015 US$ per US$ of GDP | -11.9% |
| 2004 | 0.602 constant 2015 US$ per US$ of GDP | +5.8% |
| 2005 | 0.5825 constant 2015 US$ per US$ of GDP | -3.2% |
| 2006 | 0.5875 constant 2015 US$ per US$ of GDP | +0.9% |
| 2007 | 0.6515 constant 2015 US$ per US$ of GDP | +10.9% |
| 2008 | 0.5134 constant 2015 US$ per US$ of GDP | -21.2% |
| 2009 | 0.4855 constant 2015 US$ per US$ of GDP | -5.4% |
| 2010 | 0.3463 constant 2015 US$ per US$ of GDP | -28.7% |
| 2011 | 0.3316 constant 2015 US$ per US$ of GDP | -4.2% |
| 2012 | 0.3672 constant 2015 US$ per US$ of GDP | +10.7% |
| 2013 | 0.313 constant 2015 US$ per US$ of GDP | -14.8% |
| 2014 | 0.3134 constant 2015 US$ per US$ of GDP | +0.1% |
| 2015 | 0.3156 constant 2015 US$ per US$ of GDP | +0.7% |
| 2016 | 0.3061 constant 2015 US$ per US$ of GDP | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5588 constant 2015 US$ per US$ of GDP | 0.464 constant 2015 US$ per US$ of GDP | 0.6515 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.3276 constant 2015 US$ per US$ of GDP | 0.3061 constant 2015 US$ per US$ of GDP | 0.3672 constant 2015 US$ per US$ of GDP | 7 |
Countries ranked near Lao People's Democratic Republic
- 9 Gambia 0.3259 constant 2015 US$ per US$ of GDP compare
- 10 Rwanda 0.3191 constant 2015 US$ per US$ of GDP compare
- 11 Greenland 0.3149 constant 2015 US$ per US$ of GDP compare
- 13 Japan 0.2985 constant 2015 US$ per US$ of GDP compare
- 14 Senegal 0.2964 constant 2015 US$ per US$ of GDP compare
- 15 Sierra Leone 0.2921 constant 2015 US$ 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)
- 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$), per unit of gdp in Lao People's Democratic Republic?
- Gross fixed capital formation (constant 2015 us$), per unit of gdp in Lao People's Democratic Republic was 0.3061 constant 2015 US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in Lao People's Democratic Republic?
- The highest recorded value was 0.6515 constant 2015 US$ per US$ of GDP in 2007.
- What is the lowest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.3061 constant 2015 US$ per US$ of GDP in 2016.
- How does Lao People's Democratic Republic rank for gross fixed capital formation (constant 2015 us$), per unit of gdp?
- Lao People's Democratic Republic ranks 12th out of 161 countries with data for 2016.
- Is gross fixed capital formation (constant 2015 us$), per unit of gdp rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 47.9%. The long-run trend across the full record is falling.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.