Gross Fixed Capital … Deflator Standard Local Currency in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross Fixed Capital … Deflator Standard Local Currency was 148.1 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Lao People's Democratic Republic, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gross fixed capital formation deflator — value standard local in Lao People's Democratic Republic is 148.1 SLC, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 2.0% on the previous year and up 49.8% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Lao People's Democratic Republic peaked at 148.1 SLC in 2024 and was at its lowest, 0.0018 SLC, in 1970.
That places Lao People's Democratic Republic 70th 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 … Deflator Standard Local Currency in Lao People's Democratic Republic, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0.0018 SLC | — |
| 1971 | 0.0018 SLC | +1.3% |
| 1972 | 0.0023 SLC | +25.1% |
| 1973 | 0.003 SLC | +30.8% |
| 1974 | 0.0045 SLC | +50.0% |
| 1975 | 0.0058 SLC | +29.7% |
| 1976 | 0.0064 SLC | +10.9% |
| 1977 | 0.0122 SLC | +90.0% |
| 1978 | 0.0132 SLC | +8.9% |
| 1979 | 0.0137 SLC | +3.2% |
| 1980 | 0.0395 SLC | +188.7% |
| 1981 | 0.0391 SLC | -0.8% |
| 1982 | 0.0653 SLC | +66.9% |
| 1983 | 0.1158 SLC | +77.2% |
| 1984 | 0.1559 SLC | +34.6% |
| 1985 | 0.4302 SLC | +176.0% |
| 1986 | 0.6041 SLC | +40.4% |
| 1987 | 0.7931 SLC | +31.3% |
| 1988 | 1.15 SLC | +45.0% |
| 1989 | 1.9 SLC | +65.2% |
| 1990 | 2.53 SLC | +33.1% |
| 1991 | 2.86 SLC | +13.0% |
| 1992 | 3.17 SLC | +10.8% |
| 1993 | 3.38 SLC | +6.6% |
| 1994 | 3.64 SLC | +7.9% |
| 1995 | 4.38 SLC | +20.2% |
| 1996 | 4.94 SLC | +12.9% |
| 1997 | 5.89 SLC | +19.3% |
| 1998 | 10.92 SLC | +85.2% |
| 1999 | 24.79 SLC | +127.1% |
| 2000 | 31.02 SLC | +25.1% |
| 2001 | 33.61 SLC | +8.4% |
| 2002 | 61.57 SLC | +83.2% |
| 2003 | 69.92 SLC | +13.6% |
| 2004 | 76.03 SLC | +8.7% |
| 2005 | 84.82 SLC | +11.6% |
| 2006 | 65.25 SLC | -23.1% |
| 2007 | 59.8 SLC | -8.4% |
| 2008 | 67.72 SLC | +13.2% |
| 2009 | 74.7 SLC | +10.3% |
| 2010 | 82.19 SLC | +10.0% |
| 2011 | 85.31 SLC | +3.8% |
| 2012 | 88.99 SLC | +4.3% |
| 2013 | 95.6 SLC | +7.4% |
| 2014 | 98.9 SLC | +3.5% |
| 2015 | 100 SLC | +1.1% |
| 2016 | 98.52 SLC | -1.5% |
| 2017 | 100.34 SLC | +1.9% |
| 2018 | 102.27 SLC | +1.9% |
| 2019 | 103.49 SLC | +1.2% |
| 2020 | 106.53 SLC | +2.9% |
| 2021 | 110.13 SLC | +3.4% |
| 2022 | 122.93 SLC | +11.6% |
| 2023 | 145.25 SLC | +18.2% |
| 2024 | 148.1 SLC | +2.0% |
Biggest year-on-year movements
Years where Gross Fixed Capital … Deflator Standard Local Currency 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 |
|---|---|---|---|
| 1980 | +188.7% | 0.0137 SLC | 0.0395 SLC |
| 1985 | +176.0% | 0.1559 SLC | 0.4302 SLC |
| 1999 | +127.1% | 10.92 SLC | 24.79 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0065 SLC | 0.0018 SLC | 0.0137 SLC | 10 |
| 1980s | 0.5293 SLC | 0.0391 SLC | 1.9 SLC | 10 |
| 1990s | 6.65 SLC | 2.53 SLC | 24.79 SLC | 10 |
| 2000s | 62.44 SLC | 31.02 SLC | 84.82 SLC | 10 |
| 2010s | 95.56 SLC | 82.19 SLC | 103.49 SLC | 10 |
| 2020s | 126.59 SLC | 106.53 SLC | 148.1 SLC | 5 |
Countries ranked near Lao People's Democratic Republic
- 67 Turks and Caicos Islands 150.4 SLC compare
- 68 Trinidad and Tobago 149.37 SLC compare
- 69 Mauritius 148.59 SLC compare
- 71 Eswatini 147.64 SLC compare
- 72 Papua New Guinea 147.28 SLC compare
- 73 Nicaragua 145.45 SLC compare
More economy & growth data for Lao People's Democratic Republic
- Gross Fixed Capital Formation Deflator — Value Standard Local 1.97 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -6.93 % change on previous year (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 13.91 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -16.69 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate -2.97 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 4.26 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 4.26 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 8 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 5.92 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -11.76 % change on previous year (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 148.1 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Lao People's Democratic Republic?
- The highest recorded value was 148.1 SLC in 2024.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0018 SLC in 1970.
- How does Lao People's Democratic Republic rank for gross fixed capital formation deflator — value standard local?
- Lao People's Democratic Republic ranks 70th 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 up 49.8%. 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 Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).