Lao PDR's gross fixed capital formation (annual % growth) was 7% in 2016, the latest year in the World Bank's World Development Indicators. That is down 20.38 percentage points from 27.38% in 2006.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 7% | 2016 |
| Five years earlier | 17.51% | 2011 |
| Ten years earlier | 27.38% | 2006 |
| Highest | 35.54% | 2007 |
| Lowest | -12.84% | 2010 |
| Average since 2007 | 9.97% | 2007–2016 |
| First recorded | 7.26% | 2001 |
What the numbers say
In 2016, Lao PDR's gross fixed capital formation (annual % growth) fell 2.38 percentage points on 2015 (from 9.38% to 7%).
Across the 14 yearly changes before that (2002 to 2015), the average change was +0.15 percentage points and a typical year strayed about 21.18 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below 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 30.35 percentage points in 2011 and the biggest yearly fall was 33.91 percentage points in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2007 to 2016 there is no clear straight-line trend: a straight line explains 2% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Lao PDR | 7% | 2016 |
| World | 2.2% | 2024 |
| Lower middle income | 6.33% | 2025 |
What this measures
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 16 values
| Year | Gross fixed capital formation (annual % growth) |
|---|---|
| 2016 | 7 |
| 2015 | 9.38 |
| 2014 | 10.97 |
| 2013 | 0.2149 |
| 2012 | 28.97 |
| 2011 | 17.51 |
| 2010 | -12.84 |
| 2009 | 1.33 |
| 2008 | 1.63 |
| 2007 | 35.54 |
| 2006 |
Gross fixed capital formation (annual % growth) in nearby economies
- Australia — 1.58% (2025)
- Brunei Darussalam — -6.03% (2025)
- Cambodia — 3.68% (2025)
- Hong Kong SAR, China — 4.34% (2025)
- Indonesia — 5.09% (2025)
- Japan — -0.57% (2024)
- Kiribati — 27.09% (2024)
- Korea, Rep. — -3.23% (2025)
- Macao SAR, China — -7.82% (2025)
- Malaysia
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 gross fixed capital formation (annual % growth)?
- 7% in 2016, according to the World Bank (World Development Indicators).
- How has it changed since 2001?
- It is down 0.26 percentage points from 7.26% in 2001. The highest value was 35.54% in 2007 and the lowest -12.84% in 2010.
- Is the latest change in gross fixed capital formation (annual % growth) unusual for Lao PDR?
- In 2016, Lao PDR's gross fixed capital formation (annual % growth) fell 2.38 percentage points on 2015 (from 9.38% to 7%). Across the 14 yearly changes before that (2002 to 2015), the average change was +0.15 percentage points and a typical year strayed about 21.18 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator NE.GDI.FTOT.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) 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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