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

Laos: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0032 million SLC per US$ of GDP in 2024. ▬ Flat

Latest (2024)
0.0032 million SLC per US$ of GDP
Change on year
up 1.7%
World rank
4th
of 193 countries
All-time high
0.0059 million SLC per US$ of GDP
in 1989
All-time low
0.0006 million SLC per US$ of GDP
in 1985
Years of data
41
1984–2024

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Laos, 1984–2024

00.0020.0040.0061984200420241984: 0.001 million SLC per US$ of GDP1985: 0.001 million SLC per US$ of GDP1986: 0.001 million SLC per US$ of GDP1987: 0.002 million SLC per US$ of GDP1988: 0.005 million SLC per US$ of GDP1989: 0.006 million SLC per US$ of GDP1990: 0.005 million SLC per US$ of GDP1991: 0.004 million SLC per US$ of GDP1992: 0.004 million SLC per US$ of GDP1993: 0.004 million SLC per US$ of GDP1994: 0.004 million SLC per US$ of GDP1995: 0.003 million SLC per US$ of GDP1996: 0.004 million SLC per US$ of GDP1997: 0.004 million SLC per US$ of GDP1998: 0.005 million SLC per US$ of GDP1999: 0.006 million SLC per US$ of GDP2000: 0.004 million SLC per US$ of GDP2001: 0.004 million SLC per US$ of GDP2002: 0.005 million SLC per US$ of GDP2003: 0.005 million SLC per US$ of GDP2004: 0.005 million SLC per US$ of GDP2005: 0.005 million SLC per US$ of GDP2006: 0.005 million SLC per US$ of GDP2007: 0.005 million SLC per US$ of GDP2008: 0.004 million SLC per US$ of GDP2009: 0.004 million SLC per US$ of GDP2010: 0.003 million SLC per US$ of GDP2011: 0.003 million SLC per US$ of GDP2012: 0.003 million SLC per US$ of GDP2013: 0.002 million SLC per US$ of GDP2014: 0.002 million SLC per US$ of GDP2015: 0.003 million SLC per US$ of GDP2016: 0.002 million SLC per US$ of GDP2017: 0.003 million SLC per US$ of GDP2018: 0.003 million SLC per US$ of GDP2019: 0.003 million SLC per US$ of GDP2020: 0.003 million SLC per US$ of GDP2021: 0.003 million SLC per US$ of GDP2022: 0.004 million SLC per US$ of GDP2023: 0.003 million SLC per US$ of GDP2024: 0.003 million SLC per US$ of GDP

Source: Statizoid (derived). Measured in million SLC per US$ of GDP.

Analysis

The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Laos is 0.0032 million SLC per US$ of GDP, measured in 2024.

The figure is up 1.7% on the previous year and up 28.0% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Laos peaked at 0.0059 million SLC per US$ of GDP in 1989 and was at its lowest, 0.0006 million SLC per US$ of GDP, in 1985.

Laos ranks 4th of 193 countries on this measure, in the top 10%.

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

Year million SLC per US$ of GDP Change
1984 0.0007 million SLC per US$ of GDP —
1985 0.0006 million SLC per US$ of GDP -11.1%
1986 0.0008 million SLC per US$ of GDP +37.5%
1987 0.002 million SLC per US$ of GDP +136.8%
1988 0.0047 million SLC per US$ of GDP +135.7%
1989 0.0059 million SLC per US$ of GDP +26.4%
1990 0.0049 million SLC per US$ of GDP -16.8%
1991 0.0043 million SLC per US$ of GDP -12.9%
1992 0.004 million SLC per US$ of GDP -6.0%
1993 0.0036 million SLC per US$ of GDP -9.6%
1994 0.0035 million SLC per US$ of GDP -3.6%
1995 0.0032 million SLC per US$ of GDP -7.7%
1996 0.0035 million SLC per US$ of GDP +9.0%
1997 0.0038 million SLC per US$ of GDP +7.9%
1998 0.005 million SLC per US$ of GDP +30.8%
1999 0.0056 million SLC per US$ of GDP +12.4%
2000 0.0037 million SLC per US$ of GDP -33.9%
2001 0.0039 million SLC per US$ of GDP +5.0%
2002 0.0051 million SLC per US$ of GDP +32.6%
2003 0.0045 million SLC per US$ of GDP -11.9%
2004 0.0048 million SLC per US$ of GDP +5.8%
2005 0.0046 million SLC per US$ of GDP -3.2%
2006 0.0047 million SLC per US$ of GDP +0.9%
2007 0.0052 million SLC per US$ of GDP +10.9%
2008 0.0041 million SLC per US$ of GDP -21.2%
2009 0.0039 million SLC per US$ of GDP -5.4%
2010 0.0028 million SLC per US$ of GDP -28.7%
2011 0.0026 million SLC per US$ of GDP -4.2%
2012 0.0029 million SLC per US$ of GDP +10.7%
2013 0.0025 million SLC per US$ of GDP -14.8%
2014 0.0025 million SLC per US$ of GDP +0.1%
2015 0.0025 million SLC per US$ of GDP +0.7%
2016 0.0024 million SLC per US$ of GDP -3.0%
2017 0.0027 million SLC per US$ of GDP +12.7%
2018 0.0029 million SLC per US$ of GDP +7.4%
2019 0.0033 million SLC per US$ of GDP +10.6%
2020 0.0032 million SLC per US$ of GDP -0.8%
2021 0.0033 million SLC per US$ of GDP +0.8%
2022 0.0037 million SLC per US$ of GDP +12.7%
2023 0.0031 million SLC per US$ of GDP -14.6%
2024 0.0032 million SLC per US$ of GDP +1.7%

Laos compared with similar countries

  • Laos's 0.0032 million SLC per US$ of GDP is above the median for lower middle income countries, which is 0 million SLC per US$ of GDP, 228.0× the median. (44 countries reporting)
  • Laos's 0.0032 million SLC per US$ of GDP is above the median for East Asia & Pacific, which is 0 million SLC per US$ of GDP, 4671.7× the median. (28 countries reporting)

Biggest year-on-year movements

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

YearChange FromTo
1987 +136.8% 0.0008 million SLC per US$ of GDP 0.002 million SLC per US$ of GDP
1988 +135.7% 0.002 million SLC per US$ of GDP 0.0047 million SLC per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0024 million SLC per US$ of GDP 0.0006 million SLC per US$ of GDP 0.0059 million SLC per US$ of GDP 6
1990s 0.0041 million SLC per US$ of GDP 0.0032 million SLC per US$ of GDP 0.0056 million SLC per US$ of GDP 10
2000s 0.0045 million SLC per US$ of GDP 0.0037 million SLC per US$ of GDP 0.0052 million SLC per US$ of GDP 10
2010s 0.0027 million SLC per US$ of GDP 0.0024 million SLC per US$ of GDP 0.0033 million SLC per US$ of GDP 10
2020s 0.0033 million SLC per US$ of GDP 0.0031 million SLC per US$ of GDP 0.0037 million SLC per US$ of GDP 5

Countries ranked near Laos

  1. 1 Vietnam 0.0057 million SLC per US$ of GDP compare
  2. 2 Somalia 0.0043 million SLC per US$ of GDP compare
  3. 3 Indonesia 0.0037 million SLC per US$ of GDP compare
  4. 5 Uzbekistan 0.0014 million SLC per US$ of GDP compare
  5. 6 Paraguay 0.0011 million SLC per US$ of GDP compare
  6. 7 Cambodia 0.001 million SLC per US$ of GDP compare

See the full ranking of 193 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 0.0032 million SLC per US$ of GDP 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 0.0059 million SLC per US$ of GDP in 1989.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Laos?
The lowest recorded value was 0.0006 million SLC per US$ of GDP in 1985.
How does Laos rank for gross fixed capital formation — value standard local currency, 2015?
Laos ranks 4th out of 193 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 28.0%. The long-run trend across the full record is flat.
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 unit of GDP. 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 23 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices-per-unit-of-gdp/lao-pdr/

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How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by GDP (current US$), 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 ÷ GDP (current US$)

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 unit of GDP
Unit
million SLC per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 9,436 data points, 1970–2024
Last refreshed

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