Laos vs Latin America and the Caribbean: Merchandise trade as a proportion of GDP
Laos
109.4%
in 2024
Latin America and the Caribbean
43.1%
in 2024
Laos rank
25th
Latin America and the Caribbean rank
24th
Merchandise trade as a proportion of GDP over time
- Laos
- Latin America and the Caribbean
How they compare
Laos currently reports 109.4% against 43.1% in Latin America and the Caribbean, a difference of 66.3%.
That makes Laos's figure about 2.5 times Latin America and the Caribbean's.
Across all 25 years both countries report, Laos has been ahead every year.
Laos ranks 25th and Latin America and the Caribbean ranks 24th of 218 countries.
Laos has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Laos | Latin America and the Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 46.9% | 37.3% | 9.6% | Laos |
| 2010s | 57.1% | 37.1% | 20.0% | Laos |
| 2020s | 89.0% | 45.0% | 44.0% | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Laos or Latin America and the Caribbean?
- Laos, at 109.4% against 43.1% in Latin America and the Caribbean as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Laos and Latin America and the Caribbean?
- 66.3%, with Laos ahead.
- How many years of comparable data are there for Laos and Latin America and the Caribbean?
- 25 years are reported by both, from 2000 to 2024.
- How do Laos and Latin America and the Caribbean rank globally for merchandise trade as a proportion of gdp?
- Laos ranks 25th and Latin America and the Caribbean ranks 24th of 218 countries.
- 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.