Gross fixed capital formation in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross fixed capital formation was 29.0% in 2016. ▲ Rising
Gross fixed capital formation in Lao People's Democratic Republic, 1984–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2016, gross fixed capital formation in Lao People's Democratic Republic stood at 29.0%.
Compared with earlier readings it is down 8.1% on the previous year and down 3.5% over ten years.
Over the whole period, gross fixed capital formation in Lao People's Democratic Republic peaked at 34.1% in 2005 and was at its lowest, 6.2%, in 1984.
Lao People's Democratic Republic ranks 28th of 181 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Gross fixed capital formation in Lao People's Democratic Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1984 | 6.2% | — |
| 1985 | 7.0% | +14.0% |
| 1986 | 6.9% | -1.6% |
| 1987 | 10.2% | +47.0% |
| 1988 | 13.5% | +32.5% |
| 2000 | 13.4% | -0.6% |
| 2001 | 13.5% | +1.0% |
| 2002 | 29.0% | +114.4% |
| 2003 | 27.8% | -4.4% |
| 2004 | 31.8% | +14.3% |
| 2005 | 34.1% | +7.3% |
| 2006 | 30.1% | -11.7% |
| 2007 | 32.3% | +7.5% |
| 2008 | 31.7% | -2.0% |
| 2009 | 33.9% | +7.1% |
| 2010 | 27.5% | -19.1% |
| 2011 | 28.1% | +2.2% |
| 2012 | 32.5% | +15.8% |
| 2013 | 30.6% | -5.7% |
| 2014 | 29.8% | -2.8% |
| 2015 | 31.6% | +5.9% |
| 2016 | 29.0% | -8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.8% | 6.2% | 13.5% | 5 |
| 2000s | 27.8% | 13.4% | 34.1% | 10 |
| 2010s | 29.9% | 27.5% | 32.5% | 7 |
Countries ranked near Lao People's Democratic Republic
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0911 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 211.88 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 1,863 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 4.33 million current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1077 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 250.32 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 1.84 million constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.38 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Lao People's Democratic Republic?
- Gross fixed capital formation in Lao People's Democratic Republic was 29.0% in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Lao People's Democratic Republic?
- The highest recorded value was 34.1% in 2005.
- What is the lowest gross fixed capital formation recorded in Lao People's Democratic Republic?
- The lowest recorded value was 6.2% in 1984.
- How does Lao People's Democratic Republic rank for gross fixed capital formation?
- Lao People's Democratic Republic ranks 28th out of 181 countries with data for 2016.
- Is gross fixed capital formation 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.