Gross Fixed Capital Formation — Value Standard Local Currency, per in Laos
Laos: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0047 million SLC per US$ of GDP in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Laos, 1984–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
Laos recorded 0.0047 million SLC per US$ of GDP for gross fixed capital formation — value standard local currency, per in 2024. That is the highest value across all 41 years on record.
That represents a change of up 3.7% on the previous year and up 91.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Laos peaked at 0.0047 million SLC per US$ of GDP in 2024 and was at its lowest, 0 million SLC per US$ of GDP, in 1984.
Laos ranks 4th of 193 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 US$ of GDP | Change |
|---|---|---|
| 1984 | 0 million SLC per US$ of GDP | — |
| 1985 | 0 million SLC per US$ of GDP | +145.4% |
| 1986 | 0 million SLC per US$ of GDP | +93.1% |
| 1987 | 0 million SLC per US$ of GDP | +210.9% |
| 1988 | 0.0001 million SLC per US$ of GDP | +241.8% |
| 1989 | 0.0001 million SLC per US$ of GDP | +108.8% |
| 1990 | 0.0001 million SLC per US$ of GDP | +10.8% |
| 1991 | 0.0001 million SLC per US$ of GDP | -1.6% |
| 1992 | 0.0001 million SLC per US$ of GDP | +4.2% |
| 1993 | 0.0001 million SLC per US$ of GDP | -3.6% |
| 1994 | 0.0001 million SLC per US$ of GDP | +3.9% |
| 1995 | 0.0001 million SLC per US$ of GDP | +11.0% |
| 1996 | 0.0002 million SLC per US$ of GDP | +23.1% |
| 1997 | 0.0002 million SLC per US$ of GDP | +28.7% |
| 1998 | 0.0005 million SLC per US$ of GDP | +142.3% |
| 1999 | 0.0014 million SLC per US$ of GDP | +155.4% |
| 2000 | 0.0011 million SLC per US$ of GDP | -17.4% |
| 2001 | 0.0013 million SLC per US$ of GDP | +13.8% |
| 2002 | 0.0032 million SLC per US$ of GDP | +142.9% |
| 2003 | 0.0032 million SLC per US$ of GDP | -0.0% |
| 2004 | 0.0036 million SLC per US$ of GDP | +15.1% |
| 2005 | 0.0039 million SLC per US$ of GDP | +8.0% |
| 2006 | 0.0031 million SLC per US$ of GDP | -22.4% |
| 2007 | 0.0031 million SLC per US$ of GDP | +1.6% |
| 2008 | 0.0028 million SLC per US$ of GDP | -10.8% |
| 2009 | 0.0029 million SLC per US$ of GDP | +4.3% |
| 2010 | 0.0023 million SLC per US$ of GDP | -21.5% |
| 2011 | 0.0023 million SLC per US$ of GDP | -0.6% |
| 2012 | 0.0026 million SLC per US$ of GDP | +15.5% |
| 2013 | 0.0024 million SLC per US$ of GDP | -8.4% |
| 2014 | 0.0025 million SLC per US$ of GDP | +3.6% |
| 2015 | 0.0025 million SLC per US$ of GDP | +1.8% |
| 2016 | 0.0024 million SLC per US$ of GDP | -4.4% |
| 2017 | 0.0028 million SLC per US$ of GDP | +14.8% |
| 2018 | 0.003 million SLC per US$ of GDP | +9.4% |
| 2019 | 0.0034 million SLC per US$ of GDP | +12.0% |
| 2020 | 0.0034 million SLC per US$ of GDP | +2.1% |
| 2021 | 0.0036 million SLC per US$ of GDP | +4.2% |
| 2022 | 0.0045 million SLC per US$ of GDP | +25.8% |
| 2023 | 0.0046 million SLC per US$ of GDP | +0.9% |
| 2024 | 0.0047 million SLC per US$ of GDP | +3.7% |
Laos compared with similar countries
- Laos's 0.0047 million SLC per US$ of GDP is above the median for lower middle income countries, which is 0 million SLC per US$ of GDP, 179.0× the median. (44 countries reporting)
- Laos's 0.0047 million SLC per US$ of GDP is above the median for East Asia & Pacific, which is 0 million SLC per US$ of GDP, 5525.4× 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 |
|---|---|---|---|
| 1988 | +241.8% | 0 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP |
| 1987 | +210.9% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1999 | +155.4% | 0.0005 million SLC per US$ of GDP | 0.0014 million SLC per US$ of GDP |
| 1985 | +145.4% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1998 | +142.3% | 0.0002 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP |
| 2002 | +142.9% | 0.0013 million SLC per US$ of GDP | 0.0032 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 6 |
| 1990s | 0.0003 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP | 0.0014 million SLC per US$ of GDP | 10 |
| 2000s | 0.0028 million SLC per US$ of GDP | 0.0011 million SLC per US$ of GDP | 0.0039 million SLC per US$ of GDP | 10 |
| 2010s | 0.0026 million SLC per US$ of GDP | 0.0023 million SLC per US$ of GDP | 0.0034 million SLC per US$ of GDP | 10 |
| 2020s | 0.0042 million SLC per US$ of GDP | 0.0034 million SLC per US$ of GDP | 0.0047 million SLC per US$ of GDP | 5 |
Countries ranked near Laos
- 1 Lebanon 0.0174 million SLC per US$ of GDP compare
- 2 Vietnam 0.007 million SLC per US$ of GDP compare
- 3 Somalia 0.0058 million SLC per US$ of GDP compare
- 5 Indonesia 0.0046 million SLC per US$ of GDP compare
- 6 Uzbekistan 0.0042 million SLC per US$ of GDP compare
- 7 Paraguay 0.0016 million SLC per US$ of GDP 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in Laos?
- Gross fixed capital formation — value standard local currency, per in Laos was 0.0047 million SLC per US$ of GDP 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 0.0047 million SLC per US$ of GDP 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 US$ of GDP in 1984.
- How does Laos rank for gross fixed capital formation — value standard local currency, per?
- Laos ranks 4th out of 193 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 91.7%. 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 unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ GDP (current US$)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.