Laos vs Least Developed Countries (LDCs): Merchandise trade as a proportion of GDP (%)
Laos
109.4%
in 2024
Least Developed Countries (LDCs)
40.4%
in 2024
Laos rank
25th
Least Developed Countries (LDCs) rank
27th
Merchandise trade as a proportion of GDP (%) over time
- Laos
- Least Developed Countries (LDCs)
How they compare
Laos currently reports 109.4% against 40.4% in Least Developed Countries (LDCs), a difference of 69.0%.
That makes Laos's figure about 2.7 times Least Developed Countries (LDCs)'s.
The two have swapped places 4 times across 25 shared years of data; in 2000 it was Laos ahead.
Laos ranks 25th and Least Developed Countries (LDCs) ranks 27th of 220 countries.
Laos has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Laos | Least Developed Countries (LDCs) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 46.9% | 41.8% | 5.1% | Laos |
| 2010s | 57.1% | 43.9% | 13.2% | Laos |
| 2020s | 89.0% | 40.4% | 48.6% | 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 Least Developed Countries (LDCs)?
- Laos, at 109.4% against 40.4% in Least Developed Countries (LDCs) as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Laos and Least Developed Countries (LDCs)?
- 69.0%, with Laos ahead.
- How many years of comparable data are there for Laos and Least Developed Countries (LDCs)?
- 25 years are reported by both, from 2000 to 2024.
- How do Laos and Least Developed Countries (LDCs) rank globally for merchandise trade as a proportion of gdp?
- Laos ranks 25th and Least Developed Countries (LDCs) ranks 27th of 220 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.