Laos — Gross fixed capital formation (USD)
millions of USD · 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 reports the amount in millions of US dollars.
The gross fixed capital formation reading for Laos was 3.71B USD in 2024. The previous reading was 4.09B USD in 2023; the period change was −9.32%. Relative to the selected 10-year average of 5.57B USD, the latest reading was below. The corresponding ratio to GDP was 22.5% in 2024.
Get the full series
- Annual data, 1970–2024
- The underlying source, downloadable
Latest observations
2014–2024
| Period | Value |
|---|---|
| 2024 | 3.71B USD |
| 2023 | 4.09B USD |
| 2022 | 4.98B USD |
| 2021 | 6.98B USD |
| 2020 | 7.23B USD |
6 earlier values, back to 2014
| 2019 | 7.29B USD |
| 2018 | 6.51B USD |
| 2017 | 5.71B USD |
| 2016 | 4.70B USD |
| 2015 | 4.46B USD |
| 2014 | 4.08B USD |