Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Laos

Laos: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 6.79 million SLC per person in 2024. ◆ Volatile

Latest (2024)
6.79 million SLC per person
Change on year
up 4.5%
World rank
4th
of 194 countries
All-time high
8.45 million SLC per person
in 2019
All-time low
0.278 million SLC per person
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Laos, 1970–2024

02468197019972024

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

Laos recorded 6.79 million SLC per person for gross fixed capital formation — value standard local currency, 2015 in 2024.

The figure is up 4.5% on the previous year and up 37.2% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Laos peaked at 8.45 million SLC per person in 2019 and was at its lowest, 0.278 million SLC per person, in 1970.

Laos ranks 4th of 194 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Laos, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per capita in Laos, 1970 to 2024.
Year million SLC per person Change
1970 0.278 million SLC per person
1971 0.2846 million SLC per person +2.4%
1972 0.2874 million SLC per person +1.0%
1973 0.3063 million SLC per person +6.6%
1974 0.3094 million SLC per person +1.0%
1975 0.3217 million SLC per person +4.0%
1976 0.3232 million SLC per person +0.5%
1977 0.3133 million SLC per person -3.1%
1978 0.3193 million SLC per person +1.9%
1979 0.2969 million SLC per person -7.0%
1980 0.3169 million SLC per person +6.7%
1981 0.3534 million SLC per person +11.5%
1982 0.3931 million SLC per person +11.2%
1983 0.4495 million SLC per person +14.3%
1984 0.3304 million SLC per person -26.5%
1985 0.3849 million SLC per person +16.5%
1986 0.3863 million SLC per person +0.4%
1987 0.544 million SLC per person +40.8%
1988 0.6864 million SLC per person +26.2%
1989 1 million SLC per person +46.4%
1990 0.9856 million SLC per person -1.9%
1991 0.9908 million SLC per person +0.5%
1992 0.994 million SLC per person +0.3%
1993 1.03 million SLC per person +3.6%
1994 1.12 million SLC per person +9.1%
1995 1.16 million SLC per person +2.9%
1996 1.31 million SLC per person +13.2%
1997 1.29 million SLC per person -1.5%
1998 1.21 million SLC per person -5.9%
1999 1.52 million SLC per person +25.5%
2000 1.18 million SLC per person -22.7%
2001 1.24 million SLC per person +5.5%
2002 1.61 million SLC per person +29.7%
2003 1.61 million SLC per person -0.2%
2004 1.96 million SLC per person +22.0%
2005 2.16 million SLC per person +10.2%
2006 2.71 million SLC per person +25.4%
2007 3.62 million SLC per person +33.5%
2008 3.62 million SLC per person +0.1%
2009 3.62 million SLC per person -0.2%
2010 3.1 million SLC per person -14.1%
2011 3.6 million SLC per person +15.8%
2012 4.57 million SLC per person +27.1%
2013 4.52 million SLC per person -1.2%
2014 4.94 million SLC per person +9.5%
2015 5.33 million SLC per person +7.8%
2016 5.61 million SLC per person +5.3%
2017 6.68 million SLC per person +19.0%
2018 7.51 million SLC per person +12.4%
2019 8.45 million SLC per person +12.6%
2020 8.36 million SLC per person -1.1%
2021 8.24 million SLC per person -1.4%
2022 7.53 million SLC per person -8.7%
2023 6.49 million SLC per person -13.7%
2024 6.79 million SLC per person +4.5%

Laos compared with similar countries

  • Laos's 6.79 million SLC per person is above the median for lower middle income countries, which is 0.0322 million SLC per person, 210.8× the median. (44 countries reporting)
  • Laos's 6.79 million SLC per person is above the median for East Asia & Pacific, which is 0.0171 million SLC per person, 396.3× the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.304 million SLC per person 0.278 million SLC per person 0.3232 million SLC per person 10
1980s 0.485 million SLC per person 0.3169 million SLC per person 1 million SLC per person 10
1990s 1.16 million SLC per person 0.9856 million SLC per person 1.52 million SLC per person 10
2000s 2.33 million SLC per person 1.18 million SLC per person 3.62 million SLC per person 10
2010s 5.43 million SLC per person 3.1 million SLC per person 8.45 million SLC per person 10
2020s 7.48 million SLC per person 6.49 million SLC per person 8.36 million SLC per person 5

Countries ranked near Laos

  1. 1 Vietnam 27.06 million SLC per person compare
  2. 2 Indonesia 18.45 million SLC per person compare
  3. 3 Paraguay 7.31 million SLC per person compare
  4. 5 Uzbekistan 4.6 million SLC per person compare
  5. 6 Colombia 3.4 million SLC per person compare
  6. 7 Mongolia 3.32 million SLC per person compare

See the full ranking of 194 places →

More economy & growth data for Laos

All data for Laos →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, 2015 in Laos?
Gross fixed capital formation — value standard local currency, 2015 in Laos was 6.79 million SLC per person in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Laos?
The highest recorded value was 8.45 million SLC per person in 2019.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Laos?
The lowest recorded value was 0.278 million SLC per person in 1970.
How does Laos rank for gross fixed capital formation — value standard local currency, 2015?
Laos ranks 4th out of 194 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Laos?
Over the last ten years it is up 37.2%. The long-run trend across the full record is volatile.
Where does this Laos data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Laos. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-per-capita/lao-pdr/

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How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Population, total

Computed from

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

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,949 data points, 1970–2024
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.