Lao PDR - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Lao PDR was $4,615,842,000 as of 2016. Over the past 32 years, the value for this indicator has fluctuated between $4,615,842,000 in 2016 and $80,864,870 in 1988.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

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

See also:

Year Value
1984 $108,571,400
1985 $166,666,700
1986 $123,157,900
1987 $110,783,100
1988 $80,864,870
2000 $232,251,600
2001 $239,534,800
2002 $510,582,000
2003 $561,908,000
2004 $751,431,800
2005 $931,679,000
2006 $1,038,912,000
2007 $1,364,595,000
2008 $1,725,538,000
2009 $1,980,696,000
2010 $1,958,562,000
2011 $2,455,963,000
2012 $3,313,110,000
2013 $3,672,546,000
2014 $3,957,395,000
2015 $4,552,483,000
2016 $4,615,842,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Lao PDR was 37,500,800,000,000 as of 2016. As the graph below shows, over the past 32 years this indicator reached a maximum value of 37,500,800,000,000 in 2016 and a minimum value of 3,800,000,000 in 1984.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

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

Year Value
1984 3,800,000,000
1985 7,500,000,000
1986 11,700,000,000
1987 19,400,000,000
1988 31,700,000,000
2000 1,829,680,000,000
2001 2,126,590,000,000
2002 5,134,920,000,000
2003 5,909,020,000,000
2004 7,954,210,000,000
2005 9,927,190,000,000
2006 10,548,700,000,000
2007 13,103,800,000,000
2008 15,081,500,000,000
2009 16,858,400,000,000
2010 16,166,300,000,000
2011 19,719,600,000,000
2012 26,526,700,000,000
2013 28,767,900,000,000
2014 31,827,000,000,000
2015 37,000,800,000,000
2016 37,500,800,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Lao PDR was 4,871,157,000 as of 2016. Over the past 16 years, the value for this indicator has fluctuated between 4,871,157,000 in 2016 and 803,211,800 in 2000.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2000 803,211,800
2001 861,555,700
2002 1,135,483,000
2003 1,150,733,000
2004 1,424,461,000
2005 1,593,461,000
2006 2,029,759,000
2007 2,751,185,000
2008 2,796,107,000
2009 2,833,179,000
2010 2,469,463,000
2011 2,901,870,000
2012 3,742,427,000
2013 3,750,468,000
2014 4,161,929,000
2015 4,552,483,000
2016 4,871,157,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Lao PDR was 7.00 as of 2016. As the graph below shows, over the past 15 years this indicator reached a maximum value of 35.54 in 2007 and a minimum value of -12.84 in 2010.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." 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
2001 7.26
2002 31.79
2003 1.34
2004 23.79
2005 11.86
2006 27.38
2007 35.54
2008 1.63
2009 1.33
2010 -12.84
2011 17.51
2012 28.97
2013 0.21
2014 10.97
2015 9.38
2016 7.00

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Lao PDR was 34,527,200,000,000 as of 2016. As the graph below shows, over the past 16 years this indicator reached a maximum value of 34,527,200,000,000 in 2016 and a minimum value of 5,693,240,000,000 in 2000.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

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

Year Value
2000 5,693,240,000,000
2001 6,106,790,000,000
2002 8,048,410,000,000
2003 8,156,510,000,000
2004 10,096,700,000,000
2005 11,294,600,000,000
2006 14,387,100,000,000
2007 19,500,700,000,000
2008 19,819,100,000,000
2009 20,081,800,000,000
2010 17,503,800,000,000
2011 20,568,700,000,000
2012 26,526,700,000,000
2013 26,583,700,000,000
2014 29,500,200,000,000
2015 32,268,400,000,000
2016 34,527,200,000,000

Gross capital formation (% of GDP)

Gross 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 capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." 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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts