Gross Fixed Capital: Value Standard Local … Gross rate annual growth in Laos
Laos: Gross Fixed Capital: Value Standard Local … Gross rate annual growth was 8 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Laos, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Laos recorded 8 % change on previous year for gross fixed capital formation — value standard local currency, annual in 2024.
That represents a change of up 136.6% on the previous year and down 45.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Laos peaked at 230.48 % change on previous year in 1985 and was at its lowest, -4.11 % change on previous year, in 2010.
Laos ranks 69th of 230 countries on this measure, 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: Value Standard Local … Gross rate annual growth in Laos, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.26 % change on previous year | — |
| 1972 | 29.44 % change on previous year | +370.0% |
| 1973 | 42.86 % change on previous year | +45.6% |
| 1974 | 55.13 % change on previous year | +28.6% |
| 1975 | 37.92 % change on previous year | -31.2% |
| 1976 | 13.63 % change on previous year | -64.0% |
| 1977 | 87.4 % change on previous year | +541.1% |
| 1978 | 12.87 % change on previous year | -85.3% |
| 1979 | -2.36 % change on previous year | -118.3% |
| 1980 | 214.25 % change on previous year | -9182.8% |
| 1981 | 13.11 % change on previous year | -93.9% |
| 1982 | 90.28 % change on previous year | +588.7% |
| 1983 | 107.97 % change on previous year | +19.6% |
| 1984 | 1.68 % change on previous year | -98.4% |
| 1985 | 230.48 % change on previous year | +13649.6% |
| 1986 | 44.95 % change on previous year | -80.5% |
| 1987 | 90.25 % change on previous year | +100.8% |
| 1988 | 88.28 % change on previous year | -2.2% |
| 1989 | 148.92 % change on previous year | +68.7% |
| 1990 | 34.34 % change on previous year | -76.9% |
| 1991 | 16.82 % change on previous year | -51.0% |
| 1992 | 14.31 % change on previous year | -14.9% |
| 1993 | 13.48 % change on previous year | -5.8% |
| 1994 | 20.82 % change on previous year | +54.5% |
| 1995 | 26.77 % change on previous year | +28.6% |
| 1996 | 30.75 % change on previous year | +14.9% |
| 1997 | 20 % change on previous year | -35.0% |
| 1998 | 77.57 % change on previous year | +287.8% |
| 1999 | 190.12 % change on previous year | +145.1% |
| 2000 | -1.63 % change on previous year | -100.9% |
| 2001 | 16.23 % change on previous year | -1096.8% |
| 2002 | 141.46 % change on previous year | +771.7% |
| 2003 | 15.08 % change on previous year | -89.3% |
| 2004 | 34.61 % change on previous year | +129.6% |
| 2005 | 24.8 % change on previous year | -28.3% |
| 2006 | -2.02 % change on previous year | -108.1% |
| 2007 | 24.22 % change on previous year | -1298.8% |
| 2008 | 15.09 % change on previous year | -37.7% |
| 2009 | 11.78 % change on previous year | -21.9% |
| 2010 | -4.11 % change on previous year | -134.9% |
| 2011 | 21.98 % change on previous year | -635.0% |
| 2012 | 34.52 % change on previous year | +57.1% |
| 2013 | 7.66 % change on previous year | -77.8% |
| 2014 | 14.8 % change on previous year | +93.2% |
| 2015 | 10.6 % change on previous year | -28.4% |
| 2016 | 5.41 % change on previous year | -49.0% |
| 2017 | 23.12 % change on previous year | +327.1% |
| 2018 | 16.31 % change on previous year | -29.5% |
| 2019 | 15.65 % change on previous year | -4.0% |
| 2020 | 3.38 % change on previous year | -78.4% |
| 2021 | 3.38 % change on previous year | -0.0% |
| 2022 | 3.38 % change on previous year | +0.0% |
| 2023 | 3.38 % change on previous year | -0.0% |
| 2024 | 8 % change on previous year | +136.6% |
Laos compared with similar countries
- Laos's 8 % change on previous year is above the median for lower middle income countries, which is 7.76 % change on previous year, 1.0× the median. (44 countries reporting)
- Laos's 8 % change on previous year is above the median for East Asia & Pacific, which is 5.81 % change on previous year, 1.4× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital: Value Standard Local … Gross rate annual growth 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.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +13649.6% | 1.68 % change on previous year | 230.48 % change on previous year |
| 1980 | +9182.8% | -2.36 % change on previous year | 214.25 % change on previous year |
| 2007 | +1298.8% | -2.02 % change on previous year | 24.22 % change on previous year |
| 2001 | +1096.8% | -1.63 % change on previous year | 16.23 % change on previous year |
| 2002 | +771.7% | 16.23 % change on previous year | 141.46 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.46 % change on previous year | -2.36 % change on previous year | 87.4 % change on previous year | 9 |
| 1980s | 103.02 % change on previous year | 1.68 % change on previous year | 230.48 % change on previous year | 10 |
| 1990s | 44.5 % change on previous year | 13.48 % change on previous year | 190.12 % change on previous year | 10 |
| 2000s | 27.96 % change on previous year | -2.02 % change on previous year | 141.46 % change on previous year | 10 |
| 2010s | 14.59 % change on previous year | -4.11 % change on previous year | 34.52 % change on previous year | 10 |
| 2020s | 4.31 % change on previous year | 3.38 % change on previous year | 8 % change on previous year | 5 |
Countries ranked near Laos
- 66 Yemen 8.25 % change on previous year compare
- 67 Uganda 8.09 % change on previous year compare
- 68 Malawi 8.06 % change on previous year compare
- 69 Lao People's Democratic Republic 8 % change on previous year compare
- 71 Comoros 8 % change on previous year compare
- 72 Guinea-Bissau 7.99 % change on previous year compare
More economy & growth data for Laos
- Real gdp growth, annual growth rate 11 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 60.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 19.21 units per person (2025)
- SDRs holdings, SDR, annual growth rate 52.95 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 14.03 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, annual in Laos?
- Gross fixed capital formation — value standard local currency, annual in Laos was 8 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Laos?
- The highest recorded value was 230.48 % change on previous year in 1985.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Laos?
- The lowest recorded value was -4.11 % change on previous year in 2010.
- How does Laos rank for gross fixed capital formation — value standard local currency, annual?
- Laos ranks 69th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Laos?
- Over the last ten years it is down 45.9%. 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, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.