Iran, Islamic Republic of vs Lao People's Democratic Republic: External balance on goods and services
External balance on goods and services over time
- Iran, Islamic Republic of
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports -8.7% against -8.7% in Iran, Islamic Republic of, a difference of 0.0%.
The two have swapped places 5 times across 33 shared years of data; in 1984 it was Lao People's Democratic Republic ahead.
Iran, Islamic Republic of ranks 127th and Lao People's Democratic Republic ranks 126th of 193 countries.
Iran, Islamic Republic of has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iran, Islamic Republic of | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -5.4% | -9.9% | 4.5% | Iran, Islamic Republic of |
| 1990s | -0.6% | -13.0% | 12.3% | Iran, Islamic Republic of |
| 2000s | 2.5% | -12.1% | 14.6% | Iran, Islamic Republic of |
| 2010s | 2.4% | -16.2% | 18.6% | Iran, Islamic Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Iran, Islamic Republic of or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at -8.7% against -8.7% in Iran, Islamic Republic of as of 2016.
- What is the difference in external balance on goods and services between Iran, Islamic Republic of and Lao People's Democratic Republic?
- 0.0%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Iran, Islamic Republic of and Lao People's Democratic Republic?
- 33 years are reported by both, from 1984 to 2016.
- How do Iran, Islamic Republic of and Lao People's Democratic Republic rank globally for external balance on goods and services?
- Iran, Islamic Republic of ranks 127th and Lao People's Democratic Republic ranks 126th of 193 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.