Machinery and transport equipment in Lao People's Democratic Republic
Lao People's Democratic Republic: Machinery and transport equipment was 0.9% in 2017. ◆ Volatile
Machinery and transport equipment in Lao People's Democratic Republic, 1999–2017
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
The most recent figure for machinery and transport equipment in Lao People's Democratic Republic is 0.9%, measured in 2017. That is the lowest value across all 19 years on record.
The figure is down 88.0% over ten years.
Over the whole period, machinery and transport equipment in Lao People's Democratic Republic peaked at 8.1% in 1999 and was at its lowest, 0.9%, in 2012.
Lao People's Democratic Republic ranks 129th of 149 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Machinery and transport equipment in Lao People's Democratic Republic, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1999 | 8.1% | — |
| 2000 | 7.6% | -5.7% |
| 2001 | 7.6% | +0.0% |
| 2002 | 7.6% | +0.0% |
| 2003 | 7.6% | +0.0% |
| 2004 | 7.6% | +0.0% |
| 2005 | 7.6% | +0.0% |
| 2006 | 7.6% | +0.0% |
| 2007 | 7.6% | +0.0% |
| 2008 | 0.9% | -88.0% |
| 2009 | 0.9% | +0.0% |
| 2010 | 0.9% | +0.0% |
| 2011 | 0.9% | +0.0% |
| 2012 | 0.9% | +0.0% |
| 2013 | 0.9% | +0.0% |
| 2014 | 0.9% | +0.0% |
| 2015 | 4.4% | +374.5% |
| 2016 | 0.9% | -78.9% |
| 2017 | 0.9% | +0.0% |
Lao People's Democratic Republic compared with similar countries
- Lao People's Democratic Republic's 0.9% is below the median for lower middle income countries, which is 4.0%, 23% of the median. (30 countries reporting)
- Lao People's Democratic Republic's 0.9% is below the median for East Asia & Pacific, which is 22.0%, 4% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.1% | 8.1% | 8.1% | 1 |
| 2000s | 6.3% | 0.9% | 7.6% | 10 |
| 2010s | 1.3% | 0.9% | 4.4% | 8 |
Countries ranked near Lao People's Democratic Republic
- 126 Burkina Faso 1.2%
- 127 Guatemala 1.1%
- 128 Nepal 1.0% compare
- 130 Honduras 0.9%
- 131 Madagascar 0.9% compare
- 132 Ghana 0.8% compare
More economy & growth data for Lao People's Democratic Republic
- 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 machinery and transport equipment in Lao People's Democratic Republic?
- Machinery and transport equipment in Lao People's Democratic Republic was 0.9% in 2017, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest machinery and transport equipment recorded in Lao People's Democratic Republic?
- The highest recorded value was 8.1% in 1999.
- What is the lowest machinery and transport equipment recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.9% in 2012.
- How does Lao People's Democratic Republic rank for machinery and transport equipment?
- Lao People's Democratic Republic ranks 129th out of 149 countries with data for 2017.
- Is machinery and transport equipment rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 88.0%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Machinery and transport equipment (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).