Gross fixed capital formation (current LCU) in Laos
Laos: Gross fixed capital formation (current LCU) was 37.50 trillion current LCU in 2016. ◆ Volatile
Gross fixed capital formation in Laos, 1984–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2016, gross fixed capital formation in Laos stood at 37.50 trillion current LCU. 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 fixed 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 181 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 fixed capital formation (current LCU) 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 457.10 billion current LCU, 82.0× the median. (45 countries reporting)
- Laos's 37.50 trillion current LCU is above the median for East Asia & Pacific, which is 174.36 billion current LCU, 215.1× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU) 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)
- SDRs holdings, US dollar, annual growth rate 60.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 19.21 units per person (2025)
- SDRs holdings, SDR, annual growth rate 52.95 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 14.03 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Laos?
- Gross fixed 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 fixed capital formation recorded in Laos?
- The highest recorded value was 37.50 trillion current LCU in 2016.
- What is the lowest gross fixed capital formation recorded in Laos?
- The lowest recorded value was 3.80 billion current LCU in 1984.
- How does Laos rank for gross fixed capital formation?
- Laos ranks 21st out of 181 countries with data for 2016.
- Is gross fixed 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 fixed capital formation (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.