Gross fixed capital formation in Laos
Laos: Gross fixed capital formation was 4.87 billion constant 2015 US$ in 2016. ▲ Rising
Gross fixed capital formation in Laos, 2000–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Laos recorded 4.87 billion constant 2015 US$ for gross fixed capital formation in 2016. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 7.0% on the previous year and up 140.0% over ten years.
Over the whole period, gross fixed capital formation in Laos peaked at 4.87 billion constant 2015 US$ in 2016 and was at its lowest, 803.21 million constant 2015 US$, in 2000.
Laos ranks 109th of 160 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.74 billion constant 2015 US$ | 803.21 million constant 2015 US$ | 2.83 billion constant 2015 US$ | 10 |
| 2010s | 3.78 billion constant 2015 US$ | 2.47 billion constant 2015 US$ | 4.87 billion constant 2015 US$ | 7 |
Countries ranked near Laos
- 106 Georgia 5.23 billion constant 2015 US$ compare
- 107 Rwanda 5.22 billion constant 2015 US$ compare
- 108 Nicaragua 4.99 billion constant 2015 US$ compare
- 110 Burkina Faso 4.73 billion constant 2015 US$ compare
- 111 Albania 4.56 billion constant 2015 US$ compare
- 112 Armenia 4.50 billion constant 2015 US$ compare
More economy & growth data for Laos
- DEC alternative conversion factor 20,444 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.36 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 604.50 million current US$ (2025)
- Taxes less subsidies on products 39.84 trillion current LCU (2025)
- Taxes less subsidies on products 1.95 billion current US$ (2025)
- Net primary income (Net income from abroad) -20.95 trillion current LCU (2025)
- Net primary income (Net income from abroad) -1.02 billion current US$ (2025)
- GNI per capita 44.87 million current LCU (2025)
- GNI per capita, Atlas method 2,150 current US$ (2025)
- GNI 353.24 trillion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation in Laos?
- Gross fixed capital formation in Laos was 4.87 billion constant 2015 US$ in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Laos?
- The highest recorded value was 4.87 billion constant 2015 US$ in 2016.
- What is the lowest gross fixed capital formation recorded in Laos?
- The lowest recorded value was 803.21 million constant 2015 US$ in 2000.
- How does Laos rank for gross fixed capital formation?
- Laos ranks 109th out of 160 countries with data for 2016.
- Is gross fixed capital formation rising or falling in Laos?
- Over the last ten years it is up 140.0%. The long-run trend across the full record is rising.
- Where does this Laos data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.