Gross fixed capital formation, General government, Constant prices in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross fixed capital formation, General government, Constant prices was 2.95 in 2016. ◆ Volatile
Gross fixed capital formation, General government, Constant prices in Lao People's Democratic Republic, 1960–2016
Source: International Monetary Fund.
Analysis
The most recent figure for gross fixed capital formation, general government, constant prices in Lao People's Democratic Republic is 2.95, measured in 2016.
Compared with earlier readings it is up 11.0% on the previous year and up 124.6% over ten years.
Over the whole period, gross fixed capital formation, general government, constant prices in Lao People's Democratic Republic peaked at 3.06 in 2012 and was at its lowest, 0.0501, in 1960.
That places Lao People's Democratic Republic 94th out of 173 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.
Gross fixed capital formation, General government, Constant prices in Lao People's Democratic Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.0501 | — |
| 1961 | 0.0521 | +4.0% |
| 1962 | 0.0542 | +4.0% |
| 1963 | 0.0564 | +4.0% |
| 1964 | 0.0587 | +4.0% |
| 1965 | 0.061 | +4.0% |
| 1966 | 0.0634 | +4.0% |
| 1967 | 0.066 | +4.0% |
| 1968 | 0.0686 | +4.0% |
| 1969 | 0.0714 | +4.0% |
| 1970 | 0.0742 | +4.0% |
| 1971 | 0.0778 | +4.9% |
| 1972 | 0.0805 | +3.5% |
| 1973 | 0.0879 | +9.2% |
| 1974 | 0.0909 | +3.4% |
| 1975 | 0.0966 | +6.3% |
| 1976 | 0.099 | +2.5% |
| 1977 | 0.0977 | -1.4% |
| 1978 | 0.1012 | +3.6% |
| 1979 | 0.0958 | -5.4% |
| 1980 | 0.1043 | +8.9% |
| 1981 | 0.1189 | +14.0% |
| 1982 | 0.1356 | +14.0% |
| 1983 | 0.1591 | +17.4% |
| 1984 | 0.1201 | -24.5% |
| 1985 | 0.1439 | +19.8% |
| 1986 | 0.1485 | +3.2% |
| 1987 | 0.2152 | +44.9% |
| 1988 | 0.2794 | +29.8% |
| 1989 | 0.421 | +50.7% |
| 1990 | 0.4248 | +0.9% |
| 1991 | 0.4393 | +3.4% |
| 1992 | 0.4531 | +3.1% |
| 1993 | 0.4821 | +6.4% |
| 1994 | 0.5401 | +12.0% |
| 1995 | 0.5697 | +5.5% |
| 1996 | 0.66 | +15.8% |
| 1997 | 0.6641 | +0.6% |
| 1998 | 0.6366 | -4.1% |
| 1999 | 0.8132 | +27.7% |
| 2000 | 0.9561 | +17.6% |
| 2001 | 0.9703 | +1.5% |
| 2002 | 0.6267 | -35.4% |
| 2003 | 0.6647 | +6.1% |
| 2004 | 0.7617 | +14.6% |
| 2005 | 0.8972 | +17.8% |
| 2006 | 1.31 | +46.3% |
| 2007 | 1.73 | +32.0% |
| 2008 | 1.95 | +12.3% |
| 2009 | 2.03 | +4.3% |
| 2010 | 1.96 | -3.5% |
| 2011 | 1.99 | +1.5% |
| 2012 | 3.06 | +54.1% |
| 2013 | 2.91 | -4.9% |
| 2014 | 2.83 | -2.8% |
| 2015 | 2.66 | -6.2% |
| 2016 | 2.95 | +11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0602 | 0.0501 | 0.0714 | 10 |
| 1970s | 0.0902 | 0.0742 | 0.1012 | 10 |
| 1980s | 0.1846 | 0.1043 | 0.421 | 10 |
| 1990s | 0.5683 | 0.4248 | 0.8132 | 10 |
| 2000s | 1.19 | 0.6267 | 2.03 | 10 |
| 2010s | 2.62 | 1.96 | 3.06 | 7 |
Countries ranked near Lao People's Democratic Republic
- 91 Slovenia 3.09 compare
- 92 Tajikistan 2.97 compare
- 93 Latvia 2.96 compare
- 95 Luxembourg 2.94 compare
- 96 Paraguay 2.93 compare
- 97 Dominican Republic 2.53 compare
More public sector data for Lao People's Democratic Republic
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.9009 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 133.33 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 3.43 current USD per person (2013)
- Military expenditure (current USD), per unit of GDP 0.0019 current USD per US$ of GDP (2013)
- Military expenditure (current USD), annual growth rate 11.56 % change on previous year (2013)
- Military expenditure (current USD), gaps filled 22.68 million current USD (2013)
- Arms imports (SIPRI trend indicator values), per square kilometre 13 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is gross fixed capital formation, general government, constant prices in Lao People's Democratic Republic?
- Gross fixed capital formation, general government, constant prices in Lao People's Democratic Republic was 2.95 in 2016, according to International Monetary Fund.
- What is the highest gross fixed capital formation, general government, constant prices recorded in Lao People's Democratic Republic?
- The highest recorded value was 3.06 in 2012.
- What is the lowest gross fixed capital formation, general government, constant prices recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0501 in 1960.
- How does Lao People's Democratic Republic rank for gross fixed capital formation, general government, constant prices?
- Lao People's Democratic Republic ranks 94th out of 173 countries with data for 2016.
- Is gross fixed capital formation, general government, constant prices rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 124.6%. 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 Monetary Fund, published as part of Gross fixed capital formation, General government, Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.