Laos vs Somalia: Gross Domestic Product — Value Standard Local Currency, per unit of

Laos
0.0191 million SLC per US$ of GDP
in 2024
Somalia
0.0254 million SLC per US$ of GDP
in 2024
Laos rank
4th
Somalia rank
2nd

Gross Domestic Product — Value Standard Local Currency, per unit of over time

  • Laos
  • Somalia
00.010.020.03197019972024

How they compare

Somalia currently reports 0.0254 million SLC per US$ of GDP against 0.0191 million SLC per US$ of GDP in Laos, a difference of 0.0063 million SLC per US$ of GDP.

That makes Somalia's figure about 1.3 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 2nd of 191 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 0.0002 million SLC per US$ of GDP 0.0002 million SLC per US$ of GDP 0 million SLC per US$ of GDP Laos
1990s 0.0018 million SLC per US$ of GDP 0.0055 million SLC per US$ of GDP 0.0037 million SLC per US$ of GDP Somalia
2000s 0.0102 million SLC per US$ of GDP 0.0169 million SLC per US$ of GDP 0.0067 million SLC per US$ of GDP Somalia
2010s 0.0082 million SLC per US$ of GDP 0.0245 million SLC per US$ of GDP 0.0163 million SLC per US$ of GDP Somalia
2020s 0.0137 million SLC per US$ of GDP 0.0245 million SLC per US$ of GDP 0.0108 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, per unit of, Laos or Somalia?
Somalia, at 0.0254 million SLC per US$ of GDP against 0.0191 million SLC per US$ of GDP in Laos as of 2024.
What is the difference in gross domestic product — value standard local currency, per unit of between Laos and Somalia?
0.0063 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, per unit of?
Laos ranks 4th and Somalia ranks 2nd of 191 countries.
Where does this data come from?
Statizoid (derived), published as Gross Domestic Product — Value Standard Local Currency, 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 Somalia: Gross Domestic Product — Value Standard Local Currency, per unit of. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/gross-domestic-product-value-standard-local-currency-per-unit-of-gdp/lao-pdr/somalia-fed-rep/

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About this data

Indicator
Gross Domestic Product — Value Standard Local Currency, 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
191 places, 9,350 data points, 1970–2024
Last refreshed

Gross Domestic Product — Value Standard Local Currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.