Guinea vs Lao People's Democratic Republic: External balance on goods and services
External balance on goods and services over time
- Guinea
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports -11.21 trillion current LCU against -51.06 trillion current LCU in Guinea, a difference of 39.85 trillion current LCU.
The two have swapped places 7 times across 31 shared years of data; in 1986 it was Guinea ahead.
Guinea ranks 187th and Lao People's Democratic Republic ranks 184th of 192 countries.
Across the 4 decades both report, Guinea averaged higher in 3 and Lao People's Democratic Republic in 1.
Head to head by decade
| Decade | Guinea | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -127.89 million current LCU | -36.90 billion current LCU | 36.77 billion current LCU | Guinea |
| 1990s | -115.72 billion current LCU | -274.46 billion current LCU | 158.73 billion current LCU | Guinea |
| 2000s | -2.63 trillion current LCU | -3.79 trillion current LCU | 1.16 trillion current LCU | Guinea |
| 2010s | -16.56 trillion current LCU | -15.10 trillion current LCU | 1.46 trillion current LCU | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Guinea or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at -11.21 trillion current LCU against -51.06 trillion current LCU in Guinea as of 2016.
- What is the difference in external balance on goods and services between Guinea and Lao People's Democratic Republic?
- 39.85 trillion current LCU, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Guinea and Lao People's Democratic Republic?
- 31 years are reported by both, from 1986 to 2016.
- How do Guinea and Lao People's Democratic Republic rank globally for external balance on goods and services?
- Guinea ranks 187th and Lao People's Democratic Republic ranks 184th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.