Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Laos

Gross capital formation (% of GDP) in Laos in 2016 — 29%. Ranked 39 in the world out of 176. Since 1984, the indicator has risen by 22.8 pp.

2016 29% −2.5 pp vs 2015
World rank 39of 176
Period maximum 34.1%2005
Period minimum 6.2%1984

Trend over time

1984–2016 · % of GDP

Gross capital formation (% of GDP) — Laos, 1984–20160102030401984198819921996200020042008201220161984: 6.2%1985: 7%1986: 6.9%1987: 10.2%1988: 13.5%2000: 13.4%2001: 13.5%2002: 29%2003: 27.8%2004: 31.8%2005: 34.1%2006: 30.1%2007: 32.3%2008: 31.7%2009: 33.9%2010: 27.5%2011: 28.1%2012: 32.5%2013: 30.6%2014: 29.8%2015: 31.6%2016: 29%
Change over the period: +22.8 pp Annual average: 0.71 pp

Comparison, 2016

How the value compares with the world and the groups this territory belongs to: Laos

Laos 29%
World 25.7%
South-Eastern Asia computed 28.6%
Gross capital formation (% of GDP) — Laos, by year Laos All countries CSV XLSX
Year % Change, pp
2016 29 −2.5 pp
2015 31.6 +1.8 pp
2014 29.8 −0.8 pp
2013 30.6 −1.9 pp
2012 32.5 +4.4 pp
2011 28.1 +0.6 pp
2010 27.5 −6.5 pp
2009 33.9 +2.3 pp
2008 31.7 −0.6 pp
2007 32.3 +2.2 pp
2006 30.1 −4 pp
2005 34.1 +2.3 pp
2004 31.8 +4 pp
2003 27.8 −1.3 pp
2002 29 +15.5 pp
2001 13.5 +0.1 pp
2000 13.4
1988 13.5 +3.3 pp
1987 10.2 +3.3 pp
1986 6.9 −0.1 pp
1985 7 +0.9 pp
1984 6.2

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

Source: World Development Indicators (World Bank), license CC BY 4.0.