Gross Fixed Capital Formation — Value US$, 2015 prices in Laos

Laos: Gross Fixed Capital Formation — Value US$, 2015 prices was 6,487 million USD in 2024. ◆ Volatile

Latest (2024)
6,487 million USD
Change on year
up 5.9%
World rank
120th
of 235 countries
All-time high
7,557 million USD
in 2021
All-time low
91.31 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$, 2015 prices in Laos, 1970–2024

02.0k4.0k6.0k8.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for gross fixed capital formation — value us$, 2015 prices in Laos is 6,487 million USD, measured in 2024.

The figure is up 5.9% on the previous year and up 59.1% over ten years.

Over the whole period, gross fixed capital formation — value us$, 2015 prices in Laos peaked at 7,557 million USD in 2021 and was at its lowest, 91.31 million USD, in 1970.

That places Laos 120th out of 235 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 US$, 2015 prices in Laos, year by year

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices in Laos, 1970 to 2024.
Year million USD Change
1970 91.31 million USD
1971 95.76 million USD +4.9%
1972 99.07 million USD +3.5%
1973 108.2 million USD +9.2%
1974 111.9 million USD +3.4%
1975 118.95 million USD +6.3%
1976 121.88 million USD +2.5%
1977 120.22 million USD -1.4%
1978 124.6 million USD +3.6%
1979 117.93 million USD -5.4%
1980 128.38 million USD +8.9%
1981 146.4 million USD +14.0%
1982 166.87 million USD +14.0%
1983 195.83 million USD +17.4%
1984 147.88 million USD -24.5%
1985 177.09 million USD +19.8%
1986 182.82 million USD +3.2%
1987 264.91 million USD +44.9%
1988 343.96 million USD +29.8%
1989 518.18 million USD +50.7%
1990 522.91 million USD +0.9%
1991 540.67 million USD +3.4%
1992 557.66 million USD +3.1%
1993 593.43 million USD +6.4%
1994 664.77 million USD +12.0%
1995 701.29 million USD +5.5%
1996 812.39 million USD +15.8%
1997 817.44 million USD +0.6%
1998 783.58 million USD -4.1%
1999 1,001 million USD +27.7%
2000 787.16 million USD -21.4%
2001 844.34 million USD +7.3%
2002 1,113 million USD +31.8%
2003 1,128 million USD +1.3%
2004 1,396 million USD +23.8%
2005 1,562 million USD +11.9%
2006 1,989 million USD +27.4%
2007 2,696 million USD +35.5%
2008 2,740 million USD +1.6%
2009 2,776 million USD +1.3%
2010 2,420 million USD -12.8%
2011 2,843 million USD +17.5%
2012 3,667 million USD +29.0%
2013 3,675 million USD +0.2%
2014 4,078 million USD +11.0%
2015 4,461 million USD +9.4%
2016 4,773 million USD +7.0%
2017 5,769 million USD +20.9%
2018 6,584 million USD +14.1%
2019 7,524 million USD +14.3%
2020 7,557 million USD +0.4%
2021 7,557 million USD +0.0%
2022 6,999 million USD -7.4%
2023 6,124 million USD -12.5%
2024 6,487 million USD +5.9%

Laos compared with similar countries

  • Laos's 6,487 million USD is above the median for lower middle income countries, which is 5,259 million USD, 1.2× the median. (44 countries reporting)
  • Laos's 6,487 million USD is above the median for East Asia & Pacific, which is 3,296 million USD, 2.0× the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 110.98 million USD 91.31 million USD 124.6 million USD 10
1980s 227.23 million USD 128.38 million USD 518.18 million USD 10
1990s 699.51 million USD 522.91 million USD 1,001 million USD 10
2000s 1,703 million USD 787.16 million USD 2,776 million USD 10
2010s 4,579 million USD 2,420 million USD 7,524 million USD 10
2020s 6,945 million USD 6,124 million USD 7,557 million USD 5

Countries ranked near Laos

  1. 117 Honduras 6,790 million USD compare
  2. 118 Benin 6,564 million USD compare
  3. 119 Melanesia 6,546 million USD compare
  4. 120 Lao People's Democratic Republic 6,487 million USD compare
  5. 122 Cyprus 6,366 million USD compare
  6. 123 El Salvador 6,219 million USD compare

See the full ranking of 265 places →

More economy & growth data for Laos

All data for Laos →

Frequently asked questions

What is gross fixed capital formation — value us$, 2015 prices in Laos?
Gross fixed capital formation — value us$, 2015 prices in Laos was 6,487 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Laos?
The highest recorded value was 7,557 million USD in 2021.
What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Laos?
The lowest recorded value was 91.31 million USD in 1970.
How does Laos rank for gross fixed capital formation — value us$, 2015 prices?
Laos ranks 120th out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$, 2015 prices rising or falling in Laos?
Over the last ten years it is up 59.1%. The long-run trend across the full record is volatile.
Where does this Laos data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, 2015 prices in Laos. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices/lao-pdr/

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About this data

Indicator
Gross Fixed Capital Formation — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
265 places, 13,517 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).