Laos — Gross fixed capital formation
millions of LAK · Annual · 1970–2024 · 55 observations
About this series
Gross fixed capital formation is the value of fixed assets acquired less the value of fixed assets disposed of during the period for use in production. It excludes changes in inventories.
For Laos, the gross fixed capital formation reading stood at 74.74T LAK in 2024. Against 72.30T LAK in 2023, the period change was +3.38%. It was above the selected 10-year average of 58.96T LAK. The corresponding ratio to GDP was 23% in 2024.
Get the full series
- Annual data, 1970–2024
- All 3 sources, downloadable
Latest observations
2014–2024
| Period | Value |
|---|---|
| 2024 | 74.74T LAK |
| 2023 | 72.30T LAK |
| 2022 | 69.93T LAK |
| 2021 | 67.64T LAK |
| 2020 | 65.43T LAK |
6 earlier values, back to 2014
| 2019 | 63.29T LAK |
| 2018 | 54.72T LAK |
| 2017 | 47.05T LAK |
| 2016 | 38.22T LAK |
| 2015 | 36.26T LAK |
| 2014 | 32.78T LAK |