Gross capital formation Laos 2007-2016
The gross capital formation in Laos increased by 0.1 billion U.S. dollars (+2.2 percent) in 2016 in comparison to the previous year. Therefore, the gross capital formation in Laos reached a peak in 2016 with 4.62 billion U.S. dollars.
Gross capital formation comprises expenses on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements, plant, machinery, and equipment purchases, and the construction of roads, railways, schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales.
Find more statistics on other topics about Laos with key insights such as net trade in goods and services, gross savings as a share of the GDP, and gross savings.
Gross capital formation comprises expenses on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements, plant, machinery, and equipment purchases, and the construction of roads, railways, schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales.
Find more statistics on other topics about Laos with key insights such as net trade in goods and services, gross savings as a share of the GDP, and gross savings.
