Europe and Northern America vs Laos: Merchandise trade as a proportion of GDP
Europe and Northern America
41.4%
in 2024
Laos
109.4%
in 2024
Europe and Northern America rank
25th
Laos rank
25th
Merchandise trade as a proportion of GDP over time
- Europe and Northern America
- Laos
How they compare
Laos currently reports 109.4% against 41.4% in Europe and Northern America, a difference of 68.0%.
That makes Laos's figure about 2.6 times Europe and Northern America's.
The two have swapped places 4 times across 25 shared years of data; in 2000 it was Laos ahead.
Europe and Northern America ranks 25th and Laos ranks 25th of 37 groups.
Laos has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Europe and Northern America | Laos | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 40.5% | 46.9% | 6.4% | Laos |
| 2010s | 44.7% | 57.1% | 12.4% | Laos |
| 2020s | 43.6% | 89.0% | 45.4% | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Europe and Northern America or Laos?
- Laos, at 109.4% against 41.4% in Europe and Northern America as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Europe and Northern America and Laos?
- 68.0%, with Laos ahead.
- How many years of comparable data are there for Europe and Northern America and Laos?
- 25 years are reported by both, from 2000 to 2024.
- How do Europe and Northern America and Laos rank globally for merchandise trade as a proportion of gdp?
- Europe and Northern America ranks 25th and Laos ranks 25th of 37 groups.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.