Gross fixed capital formation (current US$), per unit of GDP in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross fixed capital formation (current US$), per unit of GDP was 0.2901 current US$ per US$ of GDP in 2016. ▲ Rising
Gross fixed capital formation (current US$), per unit of GDP in Lao People's Democratic Republic, 1984–2016
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross fixed capital formation (current us$), per unit of gdp in Lao People's Democratic Republic is 0.2901 current US$ per US$ of GDP, measured in 2016.
That represents a change of down 8.1% on the previous year and down 3.5% over ten years.
Over the whole period, gross fixed capital formation (current us$), per unit of gdp in Lao People's Democratic Republic peaked at 0.3406 current US$ per US$ of GDP in 2005 and was at its lowest, 0.0618 current US$ per US$ of GDP, in 1984.
That places Lao People's Democratic Republic 28th out of 181 countries with data for 2016, putting it in the top quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Gross fixed capital formation (current US$), per unit of GDP in Lao People's Democratic Republic, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1984 | 0.0618 current US$ per US$ of GDP | — |
| 1985 | 0.0704 current US$ per US$ of GDP | +14.0% |
| 1986 | 0.0693 current US$ per US$ of GDP | -1.6% |
| 1987 | 0.1019 current US$ per US$ of GDP | +47.0% |
| 1988 | 0.135 current US$ per US$ of GDP | +32.5% |
| 2000 | 0.1342 current US$ per US$ of GDP | -0.6% |
| 2001 | 0.1354 current US$ per US$ of GDP | +1.0% |
| 2002 | 0.2904 current US$ per US$ of GDP | +114.4% |
| 2003 | 0.2777 current US$ per US$ of GDP | -4.4% |
| 2004 | 0.3175 current US$ per US$ of GDP | +14.3% |
| 2005 | 0.3406 current US$ per US$ of GDP | +7.3% |
| 2006 | 0.3007 current US$ per US$ of GDP | -11.7% |
| 2007 | 0.3231 current US$ per US$ of GDP | +7.5% |
| 2008 | 0.3168 current US$ per US$ of GDP | -2.0% |
| 2009 | 0.3394 current US$ per US$ of GDP | +7.1% |
| 2010 | 0.2746 current US$ per US$ of GDP | -19.1% |
| 2011 | 0.2807 current US$ per US$ of GDP | +2.2% |
| 2012 | 0.325 current US$ per US$ of GDP | +15.8% |
| 2013 | 0.3065 current US$ per US$ of GDP | -5.7% |
| 2014 | 0.298 current US$ per US$ of GDP | -2.8% |
| 2015 | 0.3156 current US$ per US$ of GDP | +5.9% |
| 2016 | 0.2901 current US$ per US$ of GDP | -8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0877 current US$ per US$ of GDP | 0.0618 current US$ per US$ of GDP | 0.135 current US$ per US$ of GDP | 5 |
| 2000s | 0.2776 current US$ per US$ of GDP | 0.1342 current US$ per US$ of GDP | 0.3406 current US$ per US$ of GDP | 10 |
| 2010s | 0.2986 current US$ per US$ of GDP | 0.2746 current US$ per US$ of GDP | 0.325 current US$ per US$ of GDP | 7 |
Countries ranked near Lao People's Democratic Republic
- 25 Viet Nam 0.2921 current US$ per US$ of GDP compare
- 26 Congo 0.2908 current US$ per US$ of GDP compare
- 27 Kiribati 0.2904 current US$ per US$ of GDP compare
- 29 United Arab Emirates 0.2891 current US$ per US$ of GDP compare
- 30 Bahrain 0.2888 current US$ per US$ of GDP compare
- 31 Iran, Islamic Republic of 0.288 current 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 capita 668.11 current US$ per person (2016)
Frequently asked questions
- What is gross fixed capital formation (current us$), per unit of gdp in Lao People's Democratic Republic?
- Gross fixed capital formation (current us$), per unit of gdp in Lao People's Democratic Republic was 0.2901 current US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per unit of gdp recorded in Lao People's Democratic Republic?
- The highest recorded value was 0.3406 current US$ per US$ of GDP in 2005.
- What is the lowest gross fixed capital formation (current us$), per unit of gdp recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0618 current US$ per US$ of GDP in 1984.
- How does Lao People's Democratic Republic rank for gross fixed capital formation (current us$), per unit of gdp?
- Lao People's Democratic Republic ranks 28th out of 181 countries with data for 2016.
- Is gross fixed capital formation (current us$), per unit of gdp rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is rising.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.