Net investment in nonfinancial assets in Lao People's Democratic Republic
Lao People's Democratic Republic: Net investment in nonfinancial assets was 9.31 trillion current LCU in 2022. ▲ Rising
Net investment in nonfinancial assets in Lao People's Democratic Republic, 2008–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net investment in nonfinancial assets in Lao People's Democratic Republic is 9.31 trillion current LCU, measured in 2022.
Compared with earlier readings it is up 9.1% on the previous year and up 8.7% over ten years.
Over the whole period, net investment in nonfinancial assets in Lao People's Democratic Republic peaked at 13.01 trillion current LCU in 2017 and was at its lowest, 3.28 trillion current LCU, in 2009.
That places Lao People's Democratic Republic 7th out of 156 countries with data for 2022, putting it in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Net investment in nonfinancial assets in Lao People's Democratic Republic, year by year
| Year | current LCU | Change |
|---|---|---|
| 2008 | 3.61 trillion current LCU | — |
| 2009 | 3.28 trillion current LCU | -9.2% |
| 2010 | 6.14 trillion current LCU | +87.3% |
| 2011 | 6.93 trillion current LCU | +12.9% |
| 2012 | 8.56 trillion current LCU | +23.6% |
| 2013 | 8.38 trillion current LCU | -2.2% |
| 2014 | 9.31 trillion current LCU | +11.1% |
| 2015 | 10.78 trillion current LCU | +15.8% |
| 2016 | 9.30 trillion current LCU | -13.8% |
| 2017 | 13.01 trillion current LCU | +40.0% |
| 2018 | 12.50 trillion current LCU | -3.9% |
| 2019 | 9.82 trillion current LCU | -21.5% |
| 2020 | 11.06 trillion current LCU | +12.7% |
| 2021 | 8.53 trillion current LCU | -22.9% |
| 2022 | 9.31 trillion current LCU | +9.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.44 trillion current LCU | 3.28 trillion current LCU | 3.61 trillion current LCU | 2 |
| 2010s | 9.47 trillion current LCU | 6.14 trillion current LCU | 13.01 trillion current LCU | 10 |
| 2020s | 9.63 trillion current LCU | 8.53 trillion current LCU | 11.06 trillion current LCU | 3 |
Countries ranked near Lao People's Democratic Republic
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 net investment in nonfinancial assets in Lao People's Democratic Republic?
- Net investment in nonfinancial assets in Lao People's Democratic Republic was 9.31 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Lao People's Democratic Republic?
- The highest recorded value was 13.01 trillion current LCU in 2017.
- What is the lowest net investment in nonfinancial assets recorded in Lao People's Democratic Republic?
- The lowest recorded value was 3.28 trillion current LCU in 2009.
- How does Lao People's Democratic Republic rank for net investment in nonfinancial assets?
- Lao People's Democratic Republic ranks 7th out of 156 countries with data for 2022.
- Is net investment in nonfinancial assets rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 8.7%. The long-run trend across the full record is rising.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. 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.