Gross fixed capital formation in Laos

Laos: Gross fixed capital formation was 4.62 billion current US$ in 2016. ◆ Volatile

Latest (2016)
4.62 billion current US$
Change on year
up 1.4%
World rank
122nd
of 180 countries
All-time high
4.62 billion current US$
in 2016
All-time low
80.86 million current US$
in 1988
Years of data
22
1984–2016

Gross fixed capital formation in Laos, 1984–2016

01.0B2.0B3.0B4.0B5.0B1984200020161984: 108.6M current US$1985: 166.7M current US$1986: 123.2M current US$1987: 110.8M current US$1988: 80.9M current US$2000: 232.3M current US$2001: 239.5M current US$2002: 510.6M current US$2003: 561.9M current US$2004: 751.4M current US$2005: 931.7M current US$2006: 1.0B current US$2007: 1.4B current US$2008: 1.7B current US$2009: 2.0B current US$2010: 2.0B current US$2011: 2.5B current US$2012: 3.3B current US$2013: 3.7B current US$2014: 4.0B current US$2015: 4.6B current US$2016: 4.6B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

In 2016, gross fixed capital formation in Laos stood at 4.62 billion current US$. That is the highest value across all 22 years on record.

That represents a change of up 1.4% on the previous year and up 344.3% over ten years.

Over the whole period, gross fixed capital formation in Laos peaked at 4.62 billion current US$ in 2016 and was at its lowest, 80.86 million current US$, in 1988.

That places Laos 122nd out of 180 countries with data for 2016, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 118.01 million current US$ 80.86 million current US$ 166.67 million current US$ 5
2000s 933.71 million current US$ 232.25 million current US$ 1.98 billion current US$ 10
2010s 3.50 billion current US$ 1.96 billion current US$ 4.62 billion current US$ 7

Countries ranked near Laos

  1. 119 Congo 4.74 billion current US$ compare
  2. 120 Jordan 4.70 billion current US$ compare
  3. 121 Burkina Faso 4.62 billion current US$ compare
  4. 123 Venezuela 4.56 billion current US$ compare
  5. 124 Niger 4.53 billion current US$ compare
  6. 125 Moldova 4.49 billion current US$ compare

See the full ranking of 223 places →

More economy & growth data for Laos

All data for Laos →

Frequently asked questions

What is gross fixed capital formation in Laos?
Gross fixed capital formation in Laos was 4.62 billion current US$ in 2016, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in Laos?
The highest recorded value was 4.62 billion current US$ in 2016.
What is the lowest gross fixed capital formation recorded in Laos?
The lowest recorded value was 80.86 million current US$ in 1988.
How does Laos rank for gross fixed capital formation?
Laos ranks 122nd out of 180 countries with data for 2016.
Is gross fixed capital formation rising or falling in Laos?
Over the last ten years it is up 344.3%. The long-run trend across the full record is volatile.
Where does this Laos data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
223 places, 10,305 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.