In 2016, gross fixed capital formation for Lao People’s Democratic Republic was 26.4 %. Though Lao People’s Democratic Republic gross fixed capital formation fluctuated substantially in recent years, it tended to increase through 1997 - 2016 period ending at 26.4 % in 2016.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realized by the productive activity of institutional units.