Gross fixed capital formation, Private sector, Constant prices in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross fixed capital formation, Private sector, Constant prices was 16.79 in 2016. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in Lao People's Democratic Republic, 1970–2016
Source: International Monetary Fund.
Analysis
Lao People's Democratic Republic recorded 16.79 for gross fixed capital formation, private sector, constant prices in 2016.
That represents a change of down 1.3% on the previous year and up 6.9% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Lao People's Democratic Republic peaked at 18.21 in 2007 and was at its lowest, 3.4, in 1984.
That places Lao People's Democratic Republic 68th out of 173 countries with data for 2016, 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, Private sector, Constant prices in Lao People's Democratic Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 4.17 | — |
| 1971 | 4.16 | -0.1% |
| 1972 | 4.16 | +0.0% |
| 1973 | 4.18 | +0.4% |
| 1974 | 4.17 | -0.2% |
| 1975 | 4.16 | -0.4% |
| 1976 | 4.14 | -0.5% |
| 1977 | 4.16 | +0.6% |
| 1978 | 4.27 | +2.6% |
| 1979 | 4.13 | -3.4% |
| 1980 | 4.08 | -1.0% |
| 1981 | 4.04 | -1.1% |
| 1982 | 4.3 | +6.4% |
| 1983 | 4.82 | +12.1% |
| 1984 | 3.4 | -29.5% |
| 1985 | 3.87 | +14.0% |
| 1986 | 3.81 | -1.6% |
| 1987 | 5.6 | +47.0% |
| 1988 | 7.42 | +32.5% |
| 1989 | 9.79 | +31.9% |
| 1990 | 9.26 | -5.4% |
| 1991 | 9.18 | -0.9% |
| 1992 | 8.97 | -2.3% |
| 1993 | 9.01 | +0.5% |
| 1994 | 9.37 | +4.0% |
| 1995 | 9.2 | -1.8% |
| 1996 | 9.97 | +8.4% |
| 1997 | 9.38 | -5.9% |
| 1998 | 8.65 | -7.8% |
| 1999 | 10.3 | +19.1% |
| 2000 | 5.56 | -46.1% |
| 2001 | 5.98 | +7.7% |
| 2002 | 11.2 | +87.3% |
| 2003 | 10.53 | -6.0% |
| 2004 | 12.49 | +18.7% |
| 2005 | 12.87 | +3.0% |
| 2006 | 15.72 | +22.1% |
| 2007 | 18.21 | +15.9% |
| 2008 | 16.46 | -9.6% |
| 2009 | 15.31 | -7.0% |
| 2010 | 11.72 | -23.5% |
| 2011 | 13.7 | +16.9% |
| 2012 | 14.96 | +9.2% |
| 2013 | 14.29 | -4.5% |
| 2014 | 15.71 | +9.9% |
| 2015 | 17.02 | +8.3% |
| 2016 | 16.79 | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.17 | 4.13 | 4.27 | 10 |
| 1980s | 5.11 | 3.4 | 9.79 | 10 |
| 1990s | 9.33 | 8.65 | 10.3 | 10 |
| 2000s | 12.43 | 5.56 | 18.21 | 10 |
| 2010s | 14.88 | 11.72 | 17.02 | 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)
- Total reserves minus gold (current US$), annual growth rate 25.05 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.1341 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 284.82 current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.01 % change on previous year (2016)
- General government final consumption expenditure (current US$), per 0.1397 current US$ per US$ of GDP (2016)
- General government final consumption expenditure (current US$), per 321.78 current US$ per person (2016)
- General government final consumption expenditure (current LCU) 1.97 % change on previous year (2016)
- General government final consumption expenditure (current LCU), per 1,135 current LCU per US$ of GDP (2016)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Lao People's Democratic Republic?
- Gross fixed capital formation, private sector, constant prices in Lao People's Democratic Republic was 16.79 in 2016, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Lao People's Democratic Republic?
- The highest recorded value was 18.21 in 2007.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Lao People's Democratic Republic?
- The lowest recorded value was 3.4 in 1984.
- How does Lao People's Democratic Republic rank for gross fixed capital formation, private sector, constant prices?
- Lao People's Democratic Republic ranks 68th out of 173 countries with data for 2016.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 6.9%. 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 International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.