Gross Fixed Capital Formation — Value US$ in Laos
Laos: Gross Fixed Capital Formation — Value US$ was 3,607 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Laos, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Laos recorded 3,607 million USD for gross fixed capital formation — value us$ in 2024.
That represents a change of down 11.8% on the previous year and down 11.5% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Laos peaked at 7,292 million USD in 2019 and was at its lowest, 9.03 million USD, in 1970.
Laos ranks 152nd of 235 countries on this measure, 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$ in Laos, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 9.03 million USD | — |
| 1971 | 9.95 million USD | +10.2% |
| 1972 | 10.74 million USD | +7.9% |
| 1973 | 12.37 million USD | +15.2% |
| 1974 | 13.95 million USD | +12.7% |
| 1975 | 16.2 million USD | +16.1% |
| 1976 | 17.51 million USD | +8.1% |
| 1977 | 18.35 million USD | +4.8% |
| 1978 | 20.35 million USD | +10.9% |
| 1979 | 20.86 million USD | +2.5% |
| 1980 | 24.76 million USD | +18.7% |
| 1981 | 30.91 million USD | +24.8% |
| 1982 | 37.4 million USD | +21.0% |
| 1983 | 45.61 million USD | +21.9% |
| 1984 | 35.69 million USD | -21.8% |
| 1985 | 44.09 million USD | +23.5% |
| 1986 | 46.43 million USD | +5.3% |
| 1987 | 68.95 million USD | +48.5% |
| 1988 | 92.68 million USD | +34.4% |
| 1989 | 145.1 million USD | +56.6% |
| 1990 | 151.91 million USD | +4.7% |
| 1991 | 178.9 million USD | +17.8% |
| 1992 | 200.5 million USD | +12.1% |
| 1993 | 227.47 million USD | +13.5% |
| 1994 | 274.29 million USD | +20.6% |
| 1995 | 310.11 million USD | +13.1% |
| 1996 | 354.26 million USD | +14.2% |
| 1997 | 310.75 million USD | -12.3% |
| 1998 | 210.8 million USD | -32.2% |
| 1999 | 284.02 million USD | +34.7% |
| 2000 | 251.57 million USD | -11.4% |
| 2001 | 257.55 million USD | +2.4% |
| 2002 | 553.76 million USD | +115.0% |
| 2003 | 606.33 million USD | +9.5% |
| 2004 | 814.93 million USD | +34.4% |
| 2005 | 1,010 million USD | +24.0% |
| 2006 | 1,039 million USD | +2.8% |
| 2007 | 1,365 million USD | +31.3% |
| 2008 | 1,725 million USD | +26.4% |
| 2009 | 1,980 million USD | +14.8% |
| 2010 | 1,958 million USD | -1.1% |
| 2011 | 2,456 million USD | +25.4% |
| 2012 | 3,313 million USD | +34.9% |
| 2013 | 3,645 million USD | +10.0% |
| 2014 | 4,076 million USD | +11.8% |
| 2015 | 4,461 million USD | +9.4% |
| 2016 | 4,704 million USD | +5.5% |
| 2017 | 5,707 million USD | +21.3% |
| 2018 | 6,514 million USD | +14.1% |
| 2019 | 7,292 million USD | +11.9% |
| 2020 | 7,233 million USD | -0.8% |
| 2021 | 6,975 million USD | -3.6% |
| 2022 | 4,983 million USD | -28.6% |
| 2023 | 4,087 million USD | -18.0% |
| 2024 | 3,607 million USD | -11.8% |
Laos compared with similar countries
- Laos's 3,607 million USD is below the median for lower middle income countries, which is 5,205 million USD, 69% of the median. (44 countries reporting)
- Laos's 3,607 million USD is above the median for East Asia & Pacific, which is 3,348 million USD, 1.1× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$ 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 |
|---|---|---|---|
| 2002 | +115.0% | 257.55 million USD | 553.76 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.93 million USD | 9.03 million USD | 20.86 million USD | 10 |
| 1980s | 57.16 million USD | 24.76 million USD | 145.1 million USD | 10 |
| 1990s | 250.3 million USD | 151.91 million USD | 354.26 million USD | 10 |
| 2000s | 960.39 million USD | 251.57 million USD | 1,980 million USD | 10 |
| 2010s | 4,412 million USD | 1,958 million USD | 7,292 million USD | 10 |
| 2020s | 5,377 million USD | 3,607 million USD | 7,233 million USD | 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Laos?
- Gross fixed capital formation — value us$ in Laos was 3,607 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Laos?
- The highest recorded value was 7,292 million USD in 2019.
- What is the lowest gross fixed capital formation — value us$ recorded in Laos?
- The lowest recorded value was 9.03 million USD in 1970.
- How does Laos rank for gross fixed capital formation — value us$?
- Laos ranks 152nd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Laos?
- Over the last ten years it is down 11.5%. 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$. Statizoid updates them automatically from the source API.
Download this data
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About this data
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).