Gross fixed capital formation (current US$), annual growth rate in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross fixed capital formation (current US$), annual growth rate was 1.39 % change on previous year in 2016. ◆ Volatile
Gross fixed capital formation (current US$), annual growth rate in Lao People's Democratic Republic, 1985–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation (current us$), annual growth rate in Lao People's Democratic Republic is 1.39 % change on previous year, measured in 2016.
The figure is down 90.7% on the previous year and down 87.9% over ten years.
Over the whole period, gross fixed capital formation (current us$), annual growth rate in Lao People's Democratic Republic peaked at 113.16 % change on previous year in 2002 and was at its lowest, -27.01 % change on previous year, in 1988.
Lao People's Democratic Republic ranks 142nd of 179 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$), annual growth rate in Lao People's Democratic Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | 53.51 % change on previous year | — |
| 1986 | -26.11 % change on previous year | -148.8% |
| 1987 | -10.05 % change on previous year | -61.5% |
| 1988 | -27.01 % change on previous year | +168.8% |
| 2001 | 3.14 % change on previous year | -111.6% |
| 2002 | 113.16 % change on previous year | +3508.5% |
| 2003 | 10.05 % change on previous year | -91.1% |
| 2004 | 33.73 % change on previous year | +235.5% |
| 2005 | 23.99 % change on previous year | -28.9% |
| 2006 | 11.51 % change on previous year | -52.0% |
| 2007 | 31.35 % change on previous year | +172.4% |
| 2008 | 26.45 % change on previous year | -15.6% |
| 2009 | 14.79 % change on previous year | -44.1% |
| 2010 | -1.12 % change on previous year | -107.6% |
| 2011 | 25.4 % change on previous year | -2372.0% |
| 2012 | 34.9 % change on previous year | +37.4% |
| 2013 | 10.85 % change on previous year | -68.9% |
| 2014 | 7.76 % change on previous year | -28.5% |
| 2015 | 15.04 % change on previous year | +93.9% |
| 2016 | 1.39 % change on previous year | -90.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -2.41 % change on previous year | -27.01 % change on previous year | 53.51 % change on previous year | 4 |
| 2000s | 29.8 % change on previous year | 3.14 % change on previous year | 113.16 % change on previous year | 9 |
| 2010s | 13.46 % change on previous year | -1.12 % change on previous year | 34.9 % change on previous year | 7 |
Countries ranked near Lao People's Democratic Republic
- 139 Mauritius 1.8 % change on previous year compare
- 140 South Africa 1.78 % change on previous year compare
- 141 Panama 1.55 % change on previous year compare
- 143 Nepal 1.04 % change on previous year compare
- 144 Uruguay 0.6726 % change on previous year compare
- 145 China 0.4804 % 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$), per unit of GDP 0.2901 current US$ per US$ of GDP (2016)
- Gross fixed capital formation (current US$), per capita 668.11 current US$ per person (2016)
Frequently asked questions
- What is gross fixed capital formation (current us$), annual growth rate in Lao People's Democratic Republic?
- Gross fixed capital formation (current us$), annual growth rate in Lao People's Democratic Republic was 1.39 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), annual growth rate recorded in Lao People's Democratic Republic?
- The highest recorded value was 113.16 % change on previous year in 2002.
- What is the lowest gross fixed capital formation (current us$), annual growth rate recorded in Lao People's Democratic Republic?
- The lowest recorded value was -27.01 % change on previous year in 1988.
- How does Lao People's Democratic Republic rank for gross fixed capital formation (current us$), annual growth rate?
- Lao People's Democratic Republic ranks 142nd out of 179 countries with data for 2016.
- Is gross fixed capital formation (current us$), annual growth rate rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 87.9%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (current US$). 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 Offices (NSOs)
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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.