Gross Fixed Capital Formation — Value Standard Local Currency, per in Laos
Laos: Gross Fixed Capital Formation — Value Standard Local Currency, per was 313.25 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Laos, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Laos is 313.25 million SLC per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 3.4% on the previous year and up 153.2% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Laos peaked at 313.25 million SLC per square kilometre in 2023 and was at its lowest, 0.0001 million SLC per square kilometre, in 1970.
Laos ranks 8th 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 square kilometre | Change |
|---|---|---|
| 1970 | 0.0001 million SLC per square kilometre | — |
| 1971 | 0.0001 million SLC per square kilometre | +6.3% |
| 1972 | 0.0001 million SLC per square kilometre | +29.4% |
| 1973 | 0.0001 million SLC per square kilometre | +42.9% |
| 1974 | 0.0002 million SLC per square kilometre | +55.1% |
| 1975 | 0.0002 million SLC per square kilometre | +37.9% |
| 1976 | 0.0003 million SLC per square kilometre | +13.6% |
| 1977 | 0.0005 million SLC per square kilometre | +87.4% |
| 1978 | 0.0006 million SLC per square kilometre | +12.9% |
| 1979 | 0.0006 million SLC per square kilometre | -2.4% |
| 1980 | 0.0018 million SLC per square kilometre | +214.2% |
| 1981 | 0.002 million SLC per square kilometre | +13.1% |
| 1982 | 0.0038 million SLC per square kilometre | +90.3% |
| 1983 | 0.008 million SLC per square kilometre | +108.0% |
| 1984 | 0.0081 million SLC per square kilometre | +1.7% |
| 1985 | 0.0268 million SLC per square kilometre | +230.5% |
| 1986 | 0.0389 million SLC per square kilometre | +44.9% |
| 1987 | 0.074 million SLC per square kilometre | +90.3% |
| 1988 | 0.1393 million SLC per square kilometre | +88.3% |
| 1989 | 0.3468 million SLC per square kilometre | +148.9% |
| 1990 | 0.4658 million SLC per square kilometre | +34.3% |
| 1991 | 0.5442 million SLC per square kilometre | +16.8% |
| 1992 | 0.6221 million SLC per square kilometre | +14.3% |
| 1993 | 0.7059 million SLC per square kilometre | +13.5% |
| 1994 | 0.8529 million SLC per square kilometre | +20.8% |
| 1995 | 1.08 million SLC per square kilometre | +26.8% |
| 1996 | 1.41 million SLC per square kilometre | +30.8% |
| 1997 | 1.7 million SLC per square kilometre | +20.0% |
| 1998 | 3.01 million SLC per square kilometre | +77.6% |
| 1999 | 8.74 million SLC per square kilometre | +190.1% |
| 2000 | 8.6 million SLC per square kilometre | -1.6% |
| 2001 | 9.99 million SLC per square kilometre | +16.2% |
| 2002 | 24.13 million SLC per square kilometre | +141.5% |
| 2003 | 27.77 million SLC per square kilometre | +15.1% |
| 2004 | 37.38 million SLC per square kilometre | +34.6% |
| 2005 | 46.65 million SLC per square kilometre | +24.8% |
| 2006 | 45.7 million SLC per square kilometre | -2.0% |
| 2007 | 56.77 million SLC per square kilometre | +24.2% |
| 2008 | 65.34 million SLC per square kilometre | +15.1% |
| 2009 | 73.04 million SLC per square kilometre | +11.8% |
| 2010 | 70.04 million SLC per square kilometre | -4.1% |
| 2011 | 85.43 million SLC per square kilometre | +22.0% |
| 2012 | 114.91 million SLC per square kilometre | +34.5% |
| 2013 | 123.72 million SLC per square kilometre | +7.7% |
| 2014 | 142.03 million SLC per square kilometre | +14.8% |
| 2015 | 157.08 million SLC per square kilometre | +10.6% |
| 2016 | 165.59 million SLC per square kilometre | +5.4% |
| 2017 | 203.86 million SLC per square kilometre | +23.1% |
| 2018 | 237.1 million SLC per square kilometre | +16.3% |
| 2019 | 274.22 million SLC per square kilometre | +15.7% |
| 2020 | 283.5 million SLC per square kilometre | +3.4% |
| 2021 | 293.08 million SLC per square kilometre | +3.4% |
| 2022 | 303 million SLC per square kilometre | +3.4% |
| 2023 | 313.25 million SLC per square kilometre | +3.4% |
Laos compared with similar countries
- Laos's 313.25 million SLC per square kilometre is above the median for lower middle income countries, which is 4.03 million SLC per square kilometre, 77.7× the median. (44 countries reporting)
- Laos's 313.25 million SLC per square kilometre is above the median for East Asia & Pacific, which is 2.25 million SLC per square kilometre, 139.3× 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 | +230.5% | 0.0081 million SLC per square kilometre | 0.0268 million SLC per square kilometre |
| 1980 | +214.2% | 0.0006 million SLC per square kilometre | 0.0018 million SLC per square kilometre |
| 1999 | +190.1% | 3.01 million SLC per square kilometre | 8.74 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0003 million SLC per square kilometre | 0.0001 million SLC per square kilometre | 0.0006 million SLC per square kilometre | 10 |
| 1980s | 0.065 million SLC per square kilometre | 0.0018 million SLC per square kilometre | 0.3468 million SLC per square kilometre | 10 |
| 1990s | 1.91 million SLC per square kilometre | 0.4658 million SLC per square kilometre | 8.74 million SLC per square kilometre | 10 |
| 2000s | 39.54 million SLC per square kilometre | 8.6 million SLC per square kilometre | 73.04 million SLC per square kilometre | 10 |
| 2010s | 157.4 million SLC per square kilometre | 70.04 million SLC per square kilometre | 274.22 million SLC per square kilometre | 10 |
| 2020s | 298.21 million SLC per square kilometre | 283.5 million SLC per square kilometre | 313.25 million SLC per square kilometre | 4 |
Countries ranked near Laos
- 5 Uzbekistan 842.34 million SLC per square kilometre compare
- 6 Japan 417.47 million SLC per square kilometre compare
- 7 Cambodia 314.82 million SLC per square kilometre compare
- 9 Colombia 249.83 million SLC per square kilometre compare
- 10 Uganda 227.46 million SLC per square kilometre compare
- 11 Hungary 214.85 million SLC per square kilometre compare
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 313.25 million SLC per square kilometre in 2023, 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 313.25 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Laos?
- The lowest recorded value was 0.0001 million SLC per square kilometre in 1970.
- How does Laos rank for gross fixed capital formation — value standard local currency, per?
- Laos ranks 8th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Laos?
- Over the last ten years it is up 153.2%. 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, per square kilometre. 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
Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.