Net investment in nonfinancial assets in Lao People's Democratic Republic
Lao People's Democratic Republic: Net investment in nonfinancial assets was 4.3% in 2022. ▼ Falling
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 % of GDP.
Analysis
In 2022, net investment in nonfinancial assets in Lao People's Democratic Republic stood at 4.3%. That is the lowest value across all 15 years on record.
The figure is down 8.2% on the previous year and down 59.1% over ten years.
Over the whole period, net investment in nonfinancial assets in Lao People's Democratic Republic peaked at 10.5% in 2012 and was at its lowest, 4.3%, in 2022.
Lao People's Democratic Republic ranks 51st of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Net investment in nonfinancial assets in Lao People's Democratic Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 7.6% | — |
| 2009 | 6.6% | -13.0% |
| 2010 | 10.4% | +58.1% |
| 2011 | 9.9% | -5.4% |
| 2012 | 10.5% | +6.4% |
| 2013 | 8.9% | -14.9% |
| 2014 | 8.7% | -2.4% |
| 2015 | 9.2% | +5.5% |
| 2016 | 7.2% | -21.8% |
| 2017 | 9.2% | +28.6% |
| 2018 | 8.2% | -11.3% |
| 2019 | 6.0% | -26.4% |
| 2020 | 6.4% | +6.7% |
| 2021 | 4.7% | -27.5% |
| 2022 | 4.3% | -8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.1% | 6.6% | 7.6% | 2 |
| 2010s | 8.8% | 6.0% | 10.5% | 10 |
| 2020s | 5.1% | 4.3% | 6.4% | 3 |
Countries ranked near Lao People's Democratic Republic
- 48 Timor-Leste 4.4% compare
- 49 Nepal 4.4% compare
- 50 Malaysia 4.4% compare
- 52 Bangladesh 4.1% compare
- 53 Morocco 4.1% compare
- 54 Saudi Arabia 4.1% 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 net investment in nonfinancial assets in Lao People's Democratic Republic?
- Net investment in nonfinancial assets in Lao People's Democratic Republic was 4.3% 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 10.5% in 2012.
- What is the lowest net investment in nonfinancial assets recorded in Lao People's Democratic Republic?
- The lowest recorded value was 4.3% in 2022.
- How does Lao People's Democratic Republic rank for net investment in nonfinancial assets?
- Lao People's Democratic Republic ranks 51st 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 down 59.1%. The long-run trend across the full record is falling.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.