Gross fixed capital formation (current LCU), annual growth rate in Laos
Laos: Gross fixed capital formation (current LCU), annual growth rate was 1.35 % change on previous year in 2016. ◆ Volatile
Gross fixed capital formation (current LCU), annual growth rate in Laos, 1985–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Laos recorded 1.35 % change on previous year for gross fixed capital formation (current lcu), annual growth rate in 2016.
That represents a change of down 91.7% on the previous year and down 78.4% over ten years.
Over the whole period, gross fixed capital formation (current lcu), annual growth rate in Laos peaked at 141.46 % change on previous year in 2002 and was at its lowest, -4.11 % change on previous year, in 2010.
That places Laos 148th out of 179 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current LCU), annual growth rate in Laos, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | 97.37 % change on previous year | — |
| 1986 | 56 % change on previous year | -42.5% |
| 1987 | 65.81 % change on previous year | +17.5% |
| 1988 | 63.4 % change on previous year | -3.7% |
| 2001 | 16.23 % change on previous year | -74.4% |
| 2002 | 141.46 % change on previous year | +771.8% |
| 2003 | 15.08 % change on previous year | -89.3% |
| 2004 | 34.61 % change on previous year | +129.6% |
| 2005 | 24.8 % change on previous year | -28.3% |
| 2006 | 6.26 % change on previous year | -74.8% |
| 2007 | 24.22 % change on previous year | +286.9% |
| 2008 | 15.09 % change on previous year | -37.7% |
| 2009 | 11.78 % change on previous year | -21.9% |
| 2010 | -4.11 % change on previous year | -134.8% |
| 2011 | 21.98 % change on previous year | -635.4% |
| 2012 | 34.52 % change on previous year | +57.1% |
| 2013 | 8.45 % change on previous year | -75.5% |
| 2014 | 10.63 % change on previous year | +25.9% |
| 2015 | 16.26 % change on previous year | +52.9% |
| 2016 | 1.35 % change on previous year | -91.7% |
Laos compared with similar countries
- Laos's 1.35 % change on previous year is below the median for lower middle income countries, which is 11.72 % change on previous year, 12% of the median. (45 countries reporting)
- Laos's 1.35 % change on previous year is below the median for East Asia & Pacific, which is 6.2 % change on previous year, 22% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU), annual growth rate 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 |
|---|---|---|---|
| 2002 | +771.8% | 16.23 % change on previous year | 141.46 % change on previous year |
| 2011 | +635.4% | -4.11 % change on previous year | 21.98 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 70.65 % change on previous year | 56 % change on previous year | 97.37 % change on previous year | 4 |
| 2000s | 32.17 % change on previous year | 6.26 % change on previous year | 141.46 % change on previous year | 9 |
| 2010s | 12.73 % change on previous year | -4.11 % change on previous year | 34.52 % change on previous year | 7 |
Countries ranked near Laos
- 145 France 1.67 % change on previous year compare
- 146 Dominican Republic 1.57 % change on previous year compare
- 147 Panama 1.55 % change on previous year compare
- 149 Luxembourg 1.17 % change on previous year compare
- 150 Hungary 1.01 % change on previous year compare
- 151 Mauritius 0.8801 % change on previous year 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 fixed capital formation (current lcu), annual growth rate in Laos?
- Gross fixed capital formation (current lcu), annual growth rate in Laos was 1.35 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), annual growth rate recorded in Laos?
- The highest recorded value was 141.46 % change on previous year in 2002.
- What is the lowest gross fixed capital formation (current lcu), annual growth rate recorded in Laos?
- The lowest recorded value was -4.11 % change on previous year in 2010.
- How does Laos rank for gross fixed capital formation (current lcu), annual growth rate?
- Laos ranks 148th out of 179 countries with data for 2016.
- Is gross fixed capital formation (current lcu), annual growth rate rising or falling in Laos?
- Over the last ten years it is down 78.4%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (current LCU). 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.