Laos vs Mongolia: Merchandise trade as a proportion of GDP (%)
Laos
109.4%
in 2024
Mongolia
115.1%
in 2024
Laos rank
25th
Mongolia rank
23rd
Merchandise trade as a proportion of GDP (%) over time
- Laos
- Mongolia
How they compare
Mongolia currently reports 115.1% against 109.4% in Laos, a difference of 5.7%.
That makes Mongolia's figure about 1.1 times Laos's.
Across all 25 years both countries report, Mongolia has been ahead every year.
Laos ranks 25th and Mongolia ranks 23rd of 220 countries.
Mongolia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Laos | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 46.9% | 93.3% | 46.4% | Mongolia |
| 2010s | 57.1% | 89.4% | 32.3% | Mongolia |
| 2020s | 89.0% | 112.2% | 23.2% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Laos or Mongolia?
- Mongolia, at 115.1% against 109.4% in Laos as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Laos and Mongolia?
- 5.7%, with Mongolia ahead.
- How many years of comparable data are there for Laos and Mongolia?
- 25 years are reported by both, from 2000 to 2024.
- How do Laos and Mongolia rank globally for merchandise trade as a proportion of gdp?
- Laos ranks 25th and Mongolia ranks 23rd 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.