Gross Fixed Capital Formation — Value Standard Local Currency, per in Laos
Laos: Gross Fixed Capital Formation — Value Standard Local Currency, per was 10.05 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Laos, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Laos is 10.05 million SLC per person, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 6.5% on the previous year and up 105.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Laos peaked at 10.05 million SLC per person in 2024 and was at its lowest, 0 million SLC per person, in 1970.
Laos ranks 6th 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, per in Laos, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0 million SLC per person | — |
| 1971 | 0 million SLC per person | +3.7% |
| 1972 | 0 million SLC per person | +26.3% |
| 1973 | 0 million SLC per person | +39.4% |
| 1974 | 0 million SLC per person | +51.5% |
| 1975 | 0 million SLC per person | +34.9% |
| 1976 | 0 million SLC per person | +11.4% |
| 1977 | 0 million SLC per person | +84.1% |
| 1978 | 0 million SLC per person | +11.0% |
| 1979 | 0 million SLC per person | -4.1% |
| 1980 | 0.0001 million SLC per person | +208.1% |
| 1981 | 0.0001 million SLC per person | +10.6% |
| 1982 | 0.0003 million SLC per person | +85.7% |
| 1983 | 0.0005 million SLC per person | +102.6% |
| 1984 | 0.0005 million SLC per person | -1.0% |
| 1985 | 0.0017 million SLC per person | +221.5% |
| 1986 | 0.0023 million SLC per person | +40.9% |
| 1987 | 0.0043 million SLC per person | +84.9% |
| 1988 | 0.0079 million SLC per person | +83.0% |
| 1989 | 0.0191 million SLC per person | +141.9% |
| 1990 | 0.0249 million SLC per person | +30.6% |
| 1991 | 0.0283 million SLC per person | +13.6% |
| 1992 | 0.0315 million SLC per person | +11.2% |
| 1993 | 0.0348 million SLC per person | +10.4% |
| 1994 | 0.0409 million SLC per person | +17.7% |
| 1995 | 0.0506 million SLC per person | +23.7% |
| 1996 | 0.0647 million SLC per person | +27.7% |
| 1997 | 0.076 million SLC per person | +17.5% |
| 1998 | 0.1325 million SLC per person | +74.3% |
| 1999 | 0.3777 million SLC per person | +185.1% |
| 2000 | 0.3653 million SLC per person | -3.3% |
| 2001 | 0.4177 million SLC per person | +14.3% |
| 2002 | 0.9925 million SLC per person | +137.6% |
| 2003 | 1.12 million SLC per person | +13.3% |
| 2004 | 1.49 million SLC per person | +32.7% |
| 2005 | 1.83 million SLC per person | +22.9% |
| 2006 | 1.77 million SLC per person | -3.6% |
| 2007 | 2.16 million SLC per person | +22.3% |
| 2008 | 2.45 million SLC per person | +13.4% |
| 2009 | 2.7 million SLC per person | +10.1% |
| 2010 | 2.55 million SLC per person | -5.5% |
| 2011 | 3.07 million SLC per person | +20.2% |
| 2012 | 4.07 million SLC per person | +32.6% |
| 2013 | 4.32 million SLC per person | +6.2% |
| 2014 | 4.89 million SLC per person | +13.2% |
| 2015 | 5.33 million SLC per person | +9.0% |
| 2016 | 5.53 million SLC per person | +3.8% |
| 2017 | 6.7 million SLC per person | +21.2% |
| 2018 | 7.68 million SLC per person | +14.5% |
| 2019 | 8.74 million SLC per person | +13.9% |
| 2020 | 8.91 million SLC per person | +1.8% |
| 2021 | 9.08 million SLC per person | +1.9% |
| 2022 | 9.25 million SLC per person | +1.9% |
| 2023 | 9.43 million SLC per person | +2.0% |
| 2024 | 10.05 million SLC per person | +6.5% |
Laos compared with similar countries
- Laos's 10.05 million SLC per person is above the median for lower middle income countries, which is 0.0501 million SLC per person, 200.7× the median. (44 countries reporting)
- Laos's 10.05 million SLC per person is above the median for East Asia & Pacific, which is 0.0231 million SLC per person, 434.2× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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 | +221.5% | 0.0005 million SLC per person | 0.0017 million SLC per person |
| 1980 | +208.1% | 0 million SLC per person | 0.0001 million SLC per person |
| 1999 | +185.1% | 0.1325 million SLC per person | 0.3777 million SLC per person |
| 1989 | +141.9% | 0.0079 million SLC per person | 0.0191 million SLC per person |
| 2002 | +137.6% | 0.4177 million SLC per person | 0.9925 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per person | 0 million SLC per person | 0 million SLC per person | 10 |
| 1980s | 0.0037 million SLC per person | 0.0001 million SLC per person | 0.0191 million SLC per person | 10 |
| 1990s | 0.0862 million SLC per person | 0.0249 million SLC per person | 0.3777 million SLC per person | 10 |
| 2000s | 1.53 million SLC per person | 0.3653 million SLC per person | 2.7 million SLC per person | 10 |
| 2010s | 5.29 million SLC per person | 2.55 million SLC per person | 8.74 million SLC per person | 10 |
| 2020s | 9.34 million SLC per person | 8.91 million SLC per person | 10.05 million SLC per person | 5 |
Countries ranked near Laos
More economy & growth data for Laos
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6,670 BoP, current US$ (2022)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2022)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0009 BoP, current US$ per person (2022)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 988.46 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -44.51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0599 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 127.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in Laos?
- Gross fixed capital formation — value standard local currency, per in Laos was 10.05 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Laos?
- The highest recorded value was 10.05 million SLC per person in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Laos?
- The lowest recorded value was 0 million SLC per person in 1970.
- How does Laos rank for gross fixed capital formation — value standard local currency, per?
- Laos ranks 6th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Laos?
- Over the last ten years it is up 105.5%. 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, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency 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 ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.