Lao PDR's adjusted savings, consumption of fixed capital (% of GNI) was 19.12% in 2021, the latest year in the World Bank's World Development Indicators. That is up 4.25 percentage points from 14.87% in 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 19.12% | 2021 |
| Five years earlier | 15.11% | 2016 |
| Ten years earlier | 14.87% | 2011 |
| Highest | 19.12% | 2021 |
| Lowest | 10% | 1986 |
| Average since 2012 | 15.67% | 2012–2021 |
| First recorded | 10.87% | 1984 |
What the numbers say
In 2021, Lao PDR's adjusted savings, consumption of fixed capital (% of GNI) rose 0.77 percentage points on 2020 (from 18.36% to 19.12%).
Across the 30 yearly changes before that (1991 to 2020), the average change was +0.21 percentage points and a typical year strayed about 1.02 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 1.73 percentage points in 2008 and the biggest yearly fall was 2.67 percentage points in 2001. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about 0.73 percentage points a year. A straight line explains 98% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Lao PDR had the 29th highest value of the 185 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Lao PDR in the 2021 ranking
What this measures
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 38 values
| Year | Adjusted savings, consumption of fixed capital (% of GNI) |
|---|---|
| 2021 | 19.12 |
| 2020 | 18.36 |
| 2019 | 17.58 |
| 2018 | 16.88 |
| 2017 | 15.78 |
| 2016 | 15.11 |
| 2015 | 14.45 |
| 2014 | 13.24 |
| 2013 | 13.11 |
| 2012 | 13.05 |
| 2011 |
Adjusted savings, consumption of fixed capital (% of GNI) in nearby economies
- Australia — 17.31% (2021)
- Brunei Darussalam — 11.05% (2021)
- Cambodia — 10.73% (2021)
- China — 26.53% (2021)
- Fiji — 12.18% (2021)
- Hong Kong SAR, China — 17.85% (2021)
- Indonesia — 20.31% (2021)
- Japan — 25.2% (2021)
- Kiribati — 4.33% (2021)
More economic policy & debt data for Lao PDR
- Grants, excluding technical cooperation (BoP, current US$) — US$347.91 million (2023)
- Technical cooperation grants (BoP, current US$) — US$90.18 million (2023)
- Net bilateral aid flows from DAC donors, Japan (current US$) — US$41.74 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$435.39 million (2023)
- Net official development assistance and official aid received (current US$) — US$514.84 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$514.84 million (2023)
- Net official development assistance received (current US$) — US$514.84 million (2023)
- Net official development assistance received (constant 2023 US$)
Reading data like this
Questions people ask
- What is Lao PDR's adjusted savings, consumption of fixed capital (% of GNI)?
- 19.12% in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1984?
- It is up 8.26 percentage points from 10.87% in 1984. The highest value was 19.12% in 2021 and the lowest 10% in 1986.
- How does Lao PDR rank?
- 29th highest of 185 economies with data for 2021.
- Is the latest change in adjusted savings, consumption of fixed capital (% of GNI) unusual for Lao PDR?
- In 2021, Lao PDR's adjusted savings, consumption of fixed capital (% of GNI) rose 0.77 percentage points on 2020 (from 18.36% to 19.12%). Across the 30 yearly changes before that (1991 to 2020), the average change was +0.21 percentage points and a typical year strayed about 1.02 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.ADJ.DKAP.GN.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); National Accounts Statistics, United Nations (UN), publisher: UN Statistics Division Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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