Gross capital formation as a share of GDP reached 0.290 % in 2017 in Laos, according to the National Statistical Office. This is 0.117 % more than in the previous year.
Historically, gross capital formation as a share of GDP in Laos reached an all time high of 0.341 % in 2005 and an all time low of 0.062 % in 1984. When compared to Laos's main peers, gross capital formation as a share of GDP in Cambodia amounted to 0.229 %, 0.436 % in China, 0.228 % in Thailand and 0.266 % in Vietnam in 2017.
Laos has been ranked 48th within the group of 172 countries we follow in terms of gross capital formation as a share of GDP, 13 places behind the position seen 10 years ago.
Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.