Lao PDR - Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Lao PDR was 29.01 as of 2016. Its highest value over the past 32 years was 34.06 in 2005, while its lowest value was 6.18 in 1984.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1984 6.18
1985 7.04
1986 6.93
1987 10.19
1988 13.50
2000 13.42
2001 13.54
2002 29.04
2003 27.77
2004 31.75
2005 34.06
2006 30.07
2007 32.31
2008 31.68
2009 33.94
2010 27.46
2011 28.07
2012 32.50
2013 30.65
2014 29.80
2015 31.56
2016 29.01

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts