Laos vs Nigeria: Gross Domestic Product — Value Standard Local Currency, annual growth
Laos
18.76 % change on previous year
in 2024
Nigeria
18.37 % change on previous year
in 2024
Laos rank
24th
Nigeria rank
25th
Gross Domestic Product — Value Standard Local Currency, annual growth over time
- Laos
- Nigeria
How they compare
Laos currently reports 18.76 % change on previous year against 18.37 % change on previous year in Nigeria, a difference of 0.39 % change on previous year.
The two have swapped places 17 times across 54 shared years of data; in 1971 it was Nigeria ahead.
Laos ranks 24th and Nigeria ranks 25th of 218 countries.
Across the 6 decades both report, Laos averaged higher in 4 and Nigeria in 2.
Head to head by decade
| Decade | Laos | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 31.49 % change on previous year | 21.24 % change on previous year | 10.25 % change on previous year | Laos |
| 1980s | 83.79 % change on previous year | 14.26 % change on previous year | 69.54 % change on previous year | Laos |
| 1990s | 41.96 % change on previous year | 30.96 % change on previous year | 11 % change on previous year | Laos |
| 2000s | 17.17 % change on previous year | 23.38 % change on previous year | 6.21 % change on previous year | Nigeria |
| 2010s | 12.23 % change on previous year | 13.01 % change on previous year | 0.7807 % change on previous year | Nigeria |
| 2020s | 14.35 % change on previous year | 13.84 % change on previous year | 0.5043 % change on previous year | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product — value standard local currency, annual growth, Laos or Nigeria?
- Laos, at 18.76 % change on previous year against 18.37 % change on previous year in Nigeria as of 2024.
- What is the difference in gross domestic product — value standard local currency, annual growth between Laos and Nigeria?
- 0.39 % change on previous year, with Laos ahead.
- How many years of comparable data are there for Laos and Nigeria?
- 54 years are reported by both, from 1971 to 2024.
- How do Laos and Nigeria rank globally for gross domestic product — value standard local currency, annual growth?
- Laos ranks 24th and Nigeria ranks 25th of 218 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.