Gross fixed capital formation, private sector in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross fixed capital formation, private sector was 21.2% in 2016. ▲ Rising
Gross fixed capital formation, private sector in Lao People's Democratic Republic, 2000–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation, private sector in Lao People's Democratic Republic is 21.2%, measured in 2016.
The figure is down 9.3% on the previous year and down 1.0% over ten years.
Over the whole period, gross fixed capital formation, private sector in Lao People's Democratic Republic peaked at 25.5% in 2005 and was at its lowest, 6.3%, in 2000.
That places Lao People's Democratic Republic 30th out of 106 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Gross fixed capital formation, private sector in Lao People's Democratic Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 6.3% | — |
| 2001 | 6.7% | +7.2% |
| 2002 | 21.9% | +225.6% |
| 2003 | 20.6% | -5.8% |
| 2004 | 24.2% | +17.3% |
| 2005 | 25.5% | +5.5% |
| 2006 | 21.4% | -16.1% |
| 2007 | 23.2% | +8.6% |
| 2008 | 21.8% | -6.0% |
| 2009 | 23.1% | +5.7% |
| 2010 | 17.7% | -23.2% |
| 2011 | 19.5% | +9.9% |
| 2012 | 20.6% | +5.8% |
| 2013 | 20.0% | -2.9% |
| 2014 | 20.7% | +3.7% |
| 2015 | 23.3% | +12.5% |
| 2016 | 21.2% | -9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.4% | 6.3% | 25.5% | 10 |
| 2010s | 20.4% | 17.7% | 23.3% | 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)
- Gross capital formation (current US$), annual growth rate 1.39 % change on previous year (2016)
- Gross capital formation (current US$), per unit of GDP 0.2901 current US$ per US$ of GDP (2016)
- Gross capital formation (current US$), per capita 668.11 current US$ per person (2016)
- Gross capital formation (current LCU), annual growth rate 1.35 % change on previous year (2016)
- Gross capital formation (current LCU), per unit of GDP 2,357 current LCU per US$ of GDP (2016)
- Gross capital formation (current LCU), per capita 5.43 million current LCU per person (2016)
- Gross capital formation (constant 2015 US$), annual growth rate 7 % change on previous year (2016)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3061 constant 2015 US$ per US$ of GDP (2016)
Frequently asked questions
- What is gross fixed capital formation, private sector in Lao People's Democratic Republic?
- Gross fixed capital formation, private sector in Lao People's Democratic Republic was 21.2% in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Lao People's Democratic Republic?
- The highest recorded value was 25.5% in 2005.
- What is the lowest gross fixed capital formation, private sector recorded in Lao People's Democratic Republic?
- The lowest recorded value was 6.3% in 2000.
- How does Lao People's Democratic Republic rank for gross fixed capital formation, private sector?
- Lao People's Democratic Republic ranks 30th out of 106 countries with data for 2016.
- Is gross fixed capital formation, private sector rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 1.0%. 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, private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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.