Gross fixed capital formation, General government, Current prices in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross fixed capital formation, General government, Current prices was 5.11 % change on previous year in 2016. ◆ Volatile
Gross fixed capital formation, General government, Current prices in Lao People's Democratic Republic, 1971–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2016, gross fixed capital formation, general government, current prices in Lao People's Democratic Republic stood at 5.11 % change on previous year.
Compared with earlier readings it is up 1,833.4% on the previous year and down 59.2% over ten years.
Over the whole period, gross fixed capital formation, general government, current prices in Lao People's Democratic Republic peaked at 230.48 % change on previous year in 1985 and was at its lowest, -3.07 % change on previous year, in 2014.
That places Lao People's Democratic Republic 87th out of 174 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, Current prices in Lao People's Democratic Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.26 % change on previous year | — |
| 1972 | 29.44 % change on previous year | +370.0% |
| 1973 | 42.86 % change on previous year | +45.6% |
| 1974 | 55.13 % change on previous year | +28.6% |
| 1975 | 37.92 % change on previous year | -31.2% |
| 1976 | 13.63 % change on previous year | -64.0% |
| 1977 | 87.4 % change on previous year | +541.1% |
| 1978 | 12.87 % change on previous year | -85.3% |
| 1979 | -2.36 % change on previous year | -118.3% |
| 1980 | 214.25 % change on previous year | -9183.0% |
| 1981 | 13.11 % change on previous year | -93.9% |
| 1982 | 90.28 % change on previous year | +588.7% |
| 1983 | 107.97 % change on previous year | +19.6% |
| 1984 | 1.68 % change on previous year | -98.4% |
| 1985 | 230.48 % change on previous year | +13647.5% |
| 1986 | 44.95 % change on previous year | -80.5% |
| 1987 | 90.25 % change on previous year | +100.8% |
| 1988 | 88.28 % change on previous year | -2.2% |
| 1989 | 148.92 % change on previous year | +68.7% |
| 1990 | 34.34 % change on previous year | -76.9% |
| 1991 | 16.83 % change on previous year | -51.0% |
| 1992 | 14.31 % change on previous year | -14.9% |
| 1993 | 13.48 % change on previous year | -5.8% |
| 1994 | 20.82 % change on previous year | +54.5% |
| 1995 | 26.77 % change on previous year | +28.6% |
| 1996 | 30.75 % change on previous year | +14.9% |
| 1997 | 20 % change on previous year | -35.0% |
| 1998 | 77.57 % change on previous year | +287.9% |
| 1999 | 190.12 % change on previous year | +145.1% |
| 2000 | 47.07 % change on previous year | -75.2% |
| 2001 | 9.97 % change on previous year | -78.8% |
| 2002 | 18.34 % change on previous year | +83.9% |
| 2003 | 20.43 % change on previous year | +11.4% |
| 2004 | 24.61 % change on previous year | +20.5% |
| 2005 | 31.41 % change on previous year | +27.6% |
| 2006 | 12.51 % change on previous year | -60.2% |
| 2007 | 20.99 % change on previous year | +67.8% |
| 2008 | 27.21 % change on previous year | +29.6% |
| 2009 | 15.02 % change on previous year | -44.8% |
| 2010 | 6.18 % change on previous year | -58.9% |
| 2011 | 5.33 % change on previous year | -13.7% |
| 2012 | 60.73 % change on previous year | +1039.4% |
| 2013 | 2.9 % change on previous year | -95.2% |
| 2014 | -3.07 % change on previous year | -205.7% |
| 2015 | -0.2948 % change on previous year | -90.4% |
| 2016 | 5.11 % change on previous year | -1833.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.46 % change on previous year | -2.36 % change on previous year | 87.4 % change on previous year | 9 |
| 1980s | 103.02 % change on previous year | 1.68 % change on previous year | 230.48 % change on previous year | 10 |
| 1990s | 44.5 % change on previous year | 13.48 % change on previous year | 190.12 % change on previous year | 10 |
| 2000s | 22.76 % change on previous year | 9.97 % change on previous year | 47.07 % change on previous year | 10 |
| 2010s | 10.98 % change on previous year | -3.07 % change on previous year | 60.73 % change on previous year | 7 |
Countries ranked near Lao People's Democratic Republic
- 84 Germany 6.63 % change on previous year compare
- 85 United States of America 6.24 % change on previous year compare
- 86 Portugal 5.64 % change on previous year compare
- 88 Jordan 4.46 % change on previous year compare
- 89 Finland 4.4 % change on previous year compare
- 90 Congo 4.25 % change on previous year 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, current prices in Lao People's Democratic Republic?
- Gross fixed capital formation, general government, current prices in Lao People's Democratic Republic was 5.11 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest gross fixed capital formation, general government, current prices recorded in Lao People's Democratic Republic?
- The highest recorded value was 230.48 % change on previous year in 1985.
- What is the lowest gross fixed capital formation, general government, current prices recorded in Lao People's Democratic Republic?
- The lowest recorded value was -3.07 % change on previous year in 2014.
- How does Lao People's Democratic Republic rank for gross fixed capital formation, general government, current prices?
- Lao People's Democratic Republic ranks 87th out of 174 countries with data for 2016.
- Is gross fixed capital formation, general government, current prices rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 59.2%. 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 Statizoid (derived), published as part of Gross fixed capital formation, General government, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, General government, Current prices International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross fixed capital formation, General government, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.