Gross Fixed Capital Formation — Value Standard Local Currency, annual in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 8 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Lao People's Democratic Republic, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, annual in Lao People's Democratic Republic is 8 % change on previous year, measured in 2024.
The figure is 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 Lao People's Democratic Republic peaked at 230.48 % change on previous year in 1985 and was at its lowest, -4.11 % change on previous year, in 2010.
That places Lao People's Democratic Republic 69th out of 230 countries with data for 2024, 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 — Value Standard Local Currency, annual in Lao People's Democratic Republic, 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% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual in Lao People's Democratic Republic 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 Lao People's Democratic Republic
More economy & growth data for Lao People's Democratic Republic
- Gross Fixed Capital Formation — Value US$, annual growth rate -11.76 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 5.92 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 5.92 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices 22,420 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 78.08 million million SLC (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.85 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.26 % (2024)
- Gross Domestic Product — Annual growth US$ per capita -4.28 % (2024)
- Gross Domestic Product — Annual growth US$ -2.97 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 4.26 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, annual in Lao People's Democratic Republic?
- Gross fixed capital formation — value standard local currency, annual in Lao People's Democratic Republic 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 Lao People's Democratic Republic?
- 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 Lao People's Democratic Republic?
- The lowest recorded value was -4.11 % change on previous year in 2010.
- How does Lao People's Democratic Republic rank for gross fixed capital formation — value standard local currency, annual?
- Lao People's Democratic Republic ranks 69th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 45.9%. 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 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.