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Lao People’s Democratic Republic - Gross fixed capital formation in constant prices of 2010

3,284,714,623 (US dollars) in 2016

In 2016, real gross fixed capital formation for Lao People’s Democratic Republic was 3,284 million US dollars. Real gross fixed capital formation of Lao People’s Democratic Republic increased from 601 million US dollars in 1997 to 3,284 million US dollars in 2016 growing at an average annual rate of 10.44 %.

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What is real gross fixed capital formation?

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) realised by the productive activity of institutional units.

What is Lao People’s Democratic Republic real gross fixed capital formation?

Date Value Change, %
2016 3,284,714,623 0.42 %
2015 3,271,119,808 14.24 %
2014 2,863,374,223 4.19 %
2013 2,748,262,972 1.75 %
2012 2,701,018,440 28.97 %
2011 2,094,364,245 17.51 %
2010 1,782,283,205 -12.84 %
2009 2,044,787,750 1.33 %
2008 2,018,032,089 1.63 %
2007 1,985,610,818 35.54 %
2006 1,464,936,272 27.38 %
2005 1,150,047,121