Gross fixed capital formation, private sector in Laos

Laos: Gross fixed capital formation, private sector was 27.34 trillion current LCU in 2016. ◆ Volatile

Latest (2016)
27.34 trillion current LCU
Change on year
up 0.0%
World rank
9th
of 105 countries
All-time high
27.34 trillion current LCU
in 2016
All-time low
854.55 billion current LCU
in 2000
Years of data
17
2000–2016

Gross fixed capital formation, private sector in Laos, 2000–2016

010.0T20.0T30.0T2000200820162000: 854.6B current LCU2001: 1.1T current LCU2002: 3.9T current LCU2003: 4.4T current LCU2004: 6.0T current LCU2005: 7.4T current LCU2006: 7.5T current LCU2007: 9.4T current LCU2008: 10.4T current LCU2009: 11.5T current LCU2010: 10.4T current LCU2011: 13.7T current LCU2012: 16.8T current LCU2013: 18.8T current LCU2014: 22.1T current LCU2015: 27.3T current LCU2016: 27.3T current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

The most recent figure for gross fixed capital formation, private sector in Laos is 27.34 trillion current LCU, measured in 2016. That is the highest value across all 17 years on record.

Compared with earlier readings it is up 264.8% over ten years.

Over the whole period, gross fixed capital formation, private sector in Laos peaked at 27.34 trillion current LCU in 2016 and was at its lowest, 854.55 billion current LCU, in 2000.

That places Laos 9th out of 105 countries with data for 2016, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.24 trillion current LCU 854.55 billion current LCU 11.45 trillion current LCU 10
2010s 19.50 trillion current LCU 10.43 trillion current LCU 27.34 trillion current LCU 7

Countries ranked near Laos

  1. 6 Democratic Republic of Congo 31.41 trillion current LCU compare
  2. 7 Uganda 30.62 trillion current LCU compare
  3. 8 Lebanon 28.12 trillion current LCU compare
  4. 10 Russia 21.93 trillion current LCU compare
  5. 11 Madagascar 13.17 trillion current LCU compare
  6. 12 Uzbekistan 13.16 trillion current LCU compare

See the full ranking of 105 places →

More economy & growth data for Laos

All data for Laos →

Frequently asked questions

What is gross fixed capital formation, private sector in Laos?
Gross fixed capital formation, private sector in Laos was 27.34 trillion current LCU in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross fixed capital formation, private sector recorded in Laos?
The highest recorded value was 27.34 trillion current LCU in 2016.
What is the lowest gross fixed capital formation, private sector recorded in Laos?
The lowest recorded value was 854.55 billion current LCU in 2000.
How does Laos rank for gross fixed capital formation, private sector?
Laos ranks 9th out of 105 countries with data for 2016.
Is gross fixed capital formation, private sector rising or falling in Laos?
Over the last ten years it is up 264.8%. 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 Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation, private sector (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
105 places, 3,078 data points, 1960–2025
Last refreshed

Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 series is expressed in local currency units.