Laos vs Vietnam: Gross Domestic Product — Value Standard Local Currency, 2015 prices

Laos
0.011 million SLC per US$ of GDP
in 2024
Vietnam
0.0184 million SLC per US$ of GDP
in 2024
Laos rank
4th
Vietnam rank
2nd

Gross Domestic Product — Value Standard Local Currency, 2015 prices over time

  • Laos
  • Vietnam
00.0250.050.0750.10.125198420042024

How they compare

Vietnam currently reports 0.0184 million SLC per US$ of GDP against 0.011 million SLC per US$ of GDP in Laos, a difference of 0.0074 million SLC per US$ of GDP.

That makes Vietnam's figure about 1.7 times Laos's.

The two have swapped places 2 times across 40 shared years of data; in 1985 it was Vietnam ahead.

Laos ranks 4th and Vietnam ranks 2nd of 193 countries.

Vietnam has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Laos Vietnam Difference Ahead
1980s 0.0188 million SLC per US$ of GDP 0.0454 million SLC per US$ of GDP 0.0266 million SLC per US$ of GDP Vietnam
1990s 0.0213 million SLC per US$ of GDP 0.0679 million SLC per US$ of GDP 0.0466 million SLC per US$ of GDP Vietnam
2000s 0.0195 million SLC per US$ of GDP 0.0424 million SLC per US$ of GDP 0.0229 million SLC per US$ of GDP Vietnam
2010s 0.0087 million SLC per US$ of GDP 0.0219 million SLC per US$ of GDP 0.0132 million SLC per US$ of GDP Vietnam
2020s 0.0099 million SLC per US$ of GDP 0.0192 million SLC per US$ of GDP 0.0093 million SLC per US$ of GDP Vietnam

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 Vietnam?
Vietnam, at 0.0184 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 Vietnam?
0.0074 million SLC per US$ of GDP, with Vietnam ahead.
How many years of comparable data are there for Laos and Vietnam?
40 years are reported by both, from 1985 to 2024.
How do Laos and Vietnam rank globally for gross domestic product — value standard local currency, 2015 prices?
Laos ranks 4th and Vietnam ranks 2nd 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.

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Laos vs Vietnam: Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-value-standard-local-currency-2015-prices-per-unit-of-gdp/lao-pdr/viet-nam/

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About this data

Indicator
Gross Domestic Product — Value Standard Local Currency, 2015 prices, per unit of GDP
Unit
million SLC per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 9,436 data points, 1970–2024
Last refreshed

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.