Laos — Gross fixed capital formation (% of GDP)
% of GDP · 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. This series expresses the aggregate as a percentage of GDP for the matching period.
For Laos, the gross fixed capital formation reading stood at 23% of GDP in 2024. Against 27.2% of GDP in 2023, the period change was −4.26 percentage points. It was below the selected 10-year average of 32.6% of GDP.
Get the full series
- Annual data, 1970–2024
- All 4 sources, downloadable
Latest observations
2014–2024
| Period | Value |
|---|---|
| 2024 | 23 % of GDP |
| 2023 | 27.2 % of GDP |
| 2022 | 32.4 % of GDP |
| 2021 | 36.6 % of GDP |
| 2020 | 37.8 % of GDP |
6 earlier values, back to 2014
| 2019 | 38.9 % of GDP |
| 2018 | 35.9 % of GDP |
| 2017 | 33.4 % of GDP |
| 2016 | 29.6 % of GDP |
| 2015 | 30.9 % of GDP |
| 2014 | 30.7 % of GDP |