Laos vs Somalia: Gross Domestic Product — Value Standard Local Currency, 2015 prices
Laos
0.011 million SLC per US$ of GDP
in 2024
Somalia
0.0187 million SLC per US$ of GDP
in 2024
Laos rank
4th
Somalia rank
1st
Gross Domestic Product — Value Standard Local Currency, 2015 prices over time
- Laos
- Somalia
How they compare
Somalia currently reports 0.0187 million SLC per US$ of GDP against 0.011 million SLC per US$ of GDP in Laos, a difference of 0.0077 million SLC per US$ of GDP.
That makes Somalia's figure about 1.7 times Laos's.
The two have swapped places 2 times across 41 shared years of data; in 1984 it was Somalia ahead.
Laos ranks 4th and Somalia ranks 1st of 193 countries.
Across the 5 decades both report, Laos averaged higher in 1 and Somalia in 4.
Head to head by decade
| Decade | Laos | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.0173 million SLC per US$ of GDP | 0.0384 million SLC per US$ of GDP | 0.0211 million SLC per US$ of GDP | Somalia |
| 1990s | 0.0213 million SLC per US$ of GDP | 0.0304 million SLC per US$ of GDP | 0.009 million SLC per US$ of GDP | Somalia |
| 2000s | 0.0195 million SLC per US$ of GDP | 0.0184 million SLC per US$ of GDP | 0.0011 million SLC per US$ of GDP | Laos |
| 2010s | 0.0087 million SLC per US$ of GDP | 0.0256 million SLC per US$ of GDP | 0.017 million SLC per US$ of GDP | Somalia |
| 2020s | 0.0099 million SLC per US$ of GDP | 0.0204 million SLC per US$ of GDP | 0.0105 million SLC per US$ of GDP | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product — value standard local currency, 2015 prices, Laos or Somalia?
- Somalia, at 0.0187 million SLC per US$ of GDP against 0.011 million SLC per US$ of GDP in Laos as of 2024.
- What is the difference in gross domestic product — value standard local currency, 2015 prices between Laos and Somalia?
- 0.0077 million SLC per US$ of GDP, with Somalia ahead.
- How many years of comparable data are there for Laos and Somalia?
- 41 years are reported by both, from 1984 to 2024.
- How do Laos and Somalia rank globally for gross domestic product — value standard local currency, 2015 prices?
- Laos ranks 4th and Somalia ranks 1st of 193 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value Standard Local Currency, 2015 prices, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.