Lao People's Democratic Republic vs Least Developed Countries (LDCs): Merchandise trade as a proportion of GDP
Lao People's Democratic Republic
109.4%
in 2024
Least Developed Countries (LDCs)
40.4%
in 2024
Lao People's Democratic Republic rank
25th
Least Developed Countries (LDCs) rank
27th
Merchandise trade as a proportion of GDP over time
- Lao People's Democratic Republic
- Least Developed Countries (LDCs)
How they compare
Lao People's Democratic Republic currently reports 109.4% against 40.4% in Least Developed Countries (LDCs), a difference of 69.0%.
That makes Lao People's Democratic Republic'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 Lao People's Democratic Republic ahead.
Lao People's Democratic Republic ranks 25th and Least Developed Countries (LDCs) ranks 27th of 218 countries.
Lao People's Democratic Republic has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Least Developed Countries (LDCs) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 46.9% | 41.8% | 5.1% | Lao People's Democratic Republic |
| 2010s | 57.1% | 43.9% | 13.2% | Lao People's Democratic Republic |
| 2020s | 89.0% | 40.4% | 48.6% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Lao People's Democratic Republic or Least Developed Countries (LDCs)?
- Lao People's Democratic Republic, 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 Lao People's Democratic Republic and Least Developed Countries (LDCs)?
- 69.0%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Least Developed Countries (LDCs)?
- 25 years are reported by both, from 2000 to 2024.
- How do Lao People's Democratic Republic and Least Developed Countries (LDCs) rank globally for merchandise trade as a proportion of gdp?
- Lao People's Democratic Republic ranks 25th and Least Developed Countries (LDCs) ranks 27th 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.