Gross Fixed Capital Formation Deflator — Value Standard Local in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross Fixed Capital Formation Deflator — Value Standard Local was 1.97 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Lao People's Democratic Republic, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Lao People's Democratic Republic recorded 1.97 % change on previous year for gross fixed capital formation deflator — value standard local in 2024.
The figure is down 89.2% on the previous year and down 43.0% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Lao People's Democratic Republic peaked at 188.66 % change on previous year in 1980 and was at its lowest, -23.08 % change on previous year, in 2006.
That places Lao People's Democratic Republic 136th out of 208 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation Deflator — Value Standard Local in Lao People's Democratic Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 1.33 % change on previous year | — |
| 1972 | 25.11 % change on previous year | +1781.3% |
| 1973 | 30.81 % change on previous year | +22.7% |
| 1974 | 50 % change on previous year | +62.3% |
| 1975 | 29.75 % change on previous year | -40.5% |
| 1976 | 10.9 % change on previous year | -63.4% |
| 1977 | 89.98 % change on previous year | +725.5% |
| 1978 | 8.9 % change on previous year | -90.1% |
| 1979 | 3.16 % change on previous year | -64.5% |
| 1980 | 188.66 % change on previous year | +5863.1% |
| 1981 | -0.8143 % change on previous year | -100.4% |
| 1982 | 66.94 % change on previous year | -8319.9% |
| 1983 | 77.22 % change on previous year | +15.4% |
| 1984 | 34.64 % change on previous year | -55.1% |
| 1985 | 175.97 % change on previous year | +408.0% |
| 1986 | 40.41 % change on previous year | -77.0% |
| 1987 | 31.3 % change on previous year | -22.6% |
| 1988 | 45.01 % change on previous year | +43.8% |
| 1989 | 65.23 % change on previous year | +44.9% |
| 1990 | 33.12 % change on previous year | -49.2% |
| 1991 | 12.99 % change on previous year | -60.8% |
| 1992 | 10.83 % change on previous year | -16.6% |
| 1993 | 6.64 % change on previous year | -38.7% |
| 1994 | 7.85 % change on previous year | +18.3% |
| 1995 | 20.17 % change on previous year | +156.7% |
| 1996 | 12.87 % change on previous year | -36.2% |
| 1997 | 19.26 % change on previous year | +49.6% |
| 1998 | 85.25 % change on previous year | +342.6% |
| 1999 | 127.11 % change on previous year | +49.1% |
| 2000 | 25.09 % change on previous year | -80.3% |
| 2001 | 8.36 % change on previous year | -66.7% |
| 2002 | 83.21 % change on previous year | +895.7% |
| 2003 | 13.55 % change on previous year | -83.7% |
| 2004 | 8.74 % change on previous year | -35.5% |
| 2005 | 11.57 % change on previous year | +32.3% |
| 2006 | -23.08 % change on previous year | -299.5% |
| 2007 | -8.35 % change on previous year | -63.8% |
| 2008 | 13.24 % change on previous year | -258.6% |
| 2009 | 10.32 % change on previous year | -22.1% |
| 2010 | 10.02 % change on previous year | -2.9% |
| 2011 | 3.8 % change on previous year | -62.0% |
| 2012 | 4.31 % change on previous year | +13.2% |
| 2013 | 7.43 % change on previous year | +72.6% |
| 2014 | 3.45 % change on previous year | -53.6% |
| 2015 | 1.11 % change on previous year | -67.8% |
| 2016 | -1.48 % change on previous year | -233.4% |
| 2017 | 1.85 % change on previous year | -224.9% |
| 2018 | 1.92 % change on previous year | +3.5% |
| 2019 | 1.2 % change on previous year | -37.6% |
| 2020 | 2.94 % change on previous year | +145.3% |
| 2021 | 3.38 % change on previous year | +15.0% |
| 2022 | 11.62 % change on previous year | +244.0% |
| 2023 | 18.16 % change on previous year | +56.2% |
| 2024 | 1.97 % change on previous year | -89.2% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation Deflator — Value Standard Local in Lao People's Democratic Republic 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 |
|---|---|---|---|
| 1982 | +8319.9% | -0.8143 % change on previous year | 66.94 % change on previous year |
| 1980 | +5863.1% | 3.16 % change on previous year | 188.66 % change on previous year |
| 1972 | +1781.3% | 1.33 % change on previous year | 25.11 % change on previous year |
| 2002 | +895.7% | 8.36 % change on previous year | 83.21 % change on previous year |
| 1977 | +725.5% | 10.9 % change on previous year | 89.98 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.77 % change on previous year | 1.33 % change on previous year | 89.98 % change on previous year | 9 |
| 1980s | 72.46 % change on previous year | -0.8143 % change on previous year | 188.66 % change on previous year | 10 |
| 1990s | 33.61 % change on previous year | 6.64 % change on previous year | 127.11 % change on previous year | 10 |
| 2000s | 14.26 % change on previous year | -23.08 % change on previous year | 83.21 % change on previous year | 10 |
| 2010s | 3.36 % change on previous year | -1.48 % change on previous year | 10.02 % change on previous year | 10 |
| 2020s | 7.61 % change on previous year | 1.97 % change on previous year | 18.16 % change on previous year | 5 |
Countries ranked near Lao People's Democratic Republic
- 133 Libya 2.01 % change on previous year compare
- 134 Eswatini 2 % change on previous year compare
- 135 Republic of Korea 1.98 % change on previous year compare
- 137 Czechia 1.96 % change on previous year compare
- 138 Curaçao 1.96 % change on previous year compare
- 139 Fiji 1.94 % change on previous year compare
More economy & growth data for Lao People's Democratic Republic
- Gross Domestic Product — Value US$, annual growth rate -2.97 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 5.92 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -11.76 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 8 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 4.26 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 4.26 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -16.69 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 5.92 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices 22,420 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 78.08 million million SLC (2024)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Lao People's Democratic Republic?
- Gross fixed capital formation deflator — value standard local in Lao People's Democratic Republic was 1.97 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation deflator — value standard local recorded in Lao People's Democratic Republic?
- The highest recorded value was 188.66 % change on previous year in 1980.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Lao People's Democratic Republic?
- The lowest recorded value was -23.08 % change on previous year in 2006.
- How does Lao People's Democratic Republic rank for gross fixed capital formation deflator — value standard local?
- Lao People's Democratic Republic ranks 136th out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 43.0%. 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 Deflator — Value Standard Local Currency, 2015 prices, 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 Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation Deflator — Value Standard Local Food and Agriculture Organization of the United Nations
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 Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.