Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Laos
Laos: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0265 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.0265 million USD per square kilometre
Change on year
down 12.5%
World rank
152nd
of 194 countries
All-time high
0.0327 million USD per square kilometre
in 2021
All-time low
0.0004 million USD per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Laos, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices, per square in Laos is 0.0265 million USD per square kilometre, measured in 2023.
That represents a change of down 12.5% on the previous year and up 66.7% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Laos peaked at 0.0327 million USD per square kilometre in 2021 and was at its lowest, 0.0004 million USD per square kilometre, in 1970.
Laos ranks 152nd of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Laos, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0004 million USD per square kilometre | — |
| 1971 | 0.0004 million USD per square kilometre | +4.9% |
| 1972 | 0.0004 million USD per square kilometre | +3.5% |
| 1973 | 0.0005 million USD per square kilometre | +9.2% |
| 1974 | 0.0005 million USD per square kilometre | +3.4% |
| 1975 | 0.0005 million USD per square kilometre | +6.3% |
| 1976 | 0.0005 million USD per square kilometre | +2.5% |
| 1977 | 0.0005 million USD per square kilometre | -1.4% |
| 1978 | 0.0005 million USD per square kilometre | +3.6% |
| 1979 | 0.0005 million USD per square kilometre | -5.4% |
| 1980 | 0.0006 million USD per square kilometre | +8.9% |
| 1981 | 0.0006 million USD per square kilometre | +14.0% |
| 1982 | 0.0007 million USD per square kilometre | +14.0% |
| 1983 | 0.0008 million USD per square kilometre | +17.4% |
| 1984 | 0.0006 million USD per square kilometre | -24.5% |
| 1985 | 0.0008 million USD per square kilometre | +19.8% |
| 1986 | 0.0008 million USD per square kilometre | +3.2% |
| 1987 | 0.0011 million USD per square kilometre | +44.9% |
| 1988 | 0.0015 million USD per square kilometre | +29.8% |
| 1989 | 0.0022 million USD per square kilometre | +50.7% |
| 1990 | 0.0023 million USD per square kilometre | +0.9% |
| 1991 | 0.0023 million USD per square kilometre | +3.4% |
| 1992 | 0.0024 million USD per square kilometre | +3.1% |
| 1993 | 0.0026 million USD per square kilometre | +6.4% |
| 1994 | 0.0029 million USD per square kilometre | +12.0% |
| 1995 | 0.003 million USD per square kilometre | +5.5% |
| 1996 | 0.0035 million USD per square kilometre | +15.8% |
| 1997 | 0.0035 million USD per square kilometre | +0.6% |
| 1998 | 0.0034 million USD per square kilometre | -4.1% |
| 1999 | 0.0043 million USD per square kilometre | +27.7% |
| 2000 | 0.0034 million USD per square kilometre | -21.4% |
| 2001 | 0.0037 million USD per square kilometre | +7.3% |
| 2002 | 0.0048 million USD per square kilometre | +31.8% |
| 2003 | 0.0049 million USD per square kilometre | +1.3% |
| 2004 | 0.006 million USD per square kilometre | +23.8% |
| 2005 | 0.0068 million USD per square kilometre | +11.9% |
| 2006 | 0.0086 million USD per square kilometre | +27.4% |
| 2007 | 0.0117 million USD per square kilometre | +35.5% |
| 2008 | 0.0119 million USD per square kilometre | +1.6% |
| 2009 | 0.012 million USD per square kilometre | +1.3% |
| 2010 | 0.0105 million USD per square kilometre | -12.8% |
| 2011 | 0.0123 million USD per square kilometre | +17.5% |
| 2012 | 0.0159 million USD per square kilometre | +29.0% |
| 2013 | 0.0159 million USD per square kilometre | +0.2% |
| 2014 | 0.0177 million USD per square kilometre | +11.0% |
| 2015 | 0.0193 million USD per square kilometre | +9.4% |
| 2016 | 0.0207 million USD per square kilometre | +7.0% |
| 2017 | 0.025 million USD per square kilometre | +20.9% |
| 2018 | 0.0285 million USD per square kilometre | +14.1% |
| 2019 | 0.0326 million USD per square kilometre | +14.3% |
| 2020 | 0.0327 million USD per square kilometre | +0.4% |
| 2021 | 0.0327 million USD per square kilometre | +0.0% |
| 2022 | 0.0303 million USD per square kilometre | -7.4% |
| 2023 | 0.0265 million USD per square kilometre | -12.5% |
Laos compared with similar countries
- Laos's 0.0265 million USD per square kilometre is below the median for lower middle income countries, which is 0.0398 million USD per square kilometre, 67% of the median. (44 countries reporting)
- Laos's 0.0265 million USD per square kilometre is below the median for East Asia & Pacific, which is 0.1742 million USD per square kilometre, 15% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0005 million USD per square kilometre | 0.0004 million USD per square kilometre | 0.0005 million USD per square kilometre | 10 |
| 1980s | 0.001 million USD per square kilometre | 0.0006 million USD per square kilometre | 0.0022 million USD per square kilometre | 10 |
| 1990s | 0.003 million USD per square kilometre | 0.0023 million USD per square kilometre | 0.0043 million USD per square kilometre | 10 |
| 2000s | 0.0074 million USD per square kilometre | 0.0034 million USD per square kilometre | 0.012 million USD per square kilometre | 10 |
| 2010s | 0.0198 million USD per square kilometre | 0.0105 million USD per square kilometre | 0.0326 million USD per square kilometre | 10 |
| 2020s | 0.0306 million USD per square kilometre | 0.0265 million USD per square kilometre | 0.0327 million USD per square kilometre | 4 |
Countries ranked near Laos
- 149 Equatorial Guinea 0.0322 million USD per square kilometre compare
- 150 Malawi 0.0295 million USD per square kilometre compare
- 151 Nicaragua 0.0289 million USD per square kilometre compare
- 153 Kazakhstan 0.026 million USD per square kilometre compare
- 154 Belize 0.0252 million USD per square kilometre compare
- 155 Lesotho 0.0242 million USD 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Laos?
- Gross fixed capital formation — value us$, 2015 prices, per square in Laos was 0.0265 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Laos?
- The highest recorded value was 0.0327 million USD per square kilometre in 2021.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Laos?
- The lowest recorded value was 0.0004 million USD per square kilometre in 1970.
- How does Laos rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Laos ranks 152nd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Laos?
- Over the last ten years it is up 66.7%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 2015 prices 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.