Laos vs World: Merchandise trade as a proportion of GDP (%)
Laos
109.4%
in 2024
World
44.0%
in 2024
Laos rank
25th
World rank
22nd
Merchandise trade as a proportion of GDP (%) over time
- Laos
- World
How they compare
Laos currently reports 109.4% against 44.0% in World, a difference of 65.4%.
That makes Laos's figure about 2.5 times World's.
The two have swapped places 4 times across 25 shared years of data; in 2000 it was Laos ahead.
Laos ranks 25th and World ranks 22nd of 220 countries.
Laos has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Laos | World | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 46.9% | 42.5% | 4.4% | Laos |
| 2010s | 57.1% | 45.5% | 11.5% | Laos |
| 2020s | 89.0% | 44.8% | 44.2% | 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 World?
- Laos, at 109.4% against 44.0% in World as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Laos and World?
- 65.4%, with Laos ahead.
- How many years of comparable data are there for Laos and World?
- 25 years are reported by both, from 2000 to 2024.
- How do Laos and World rank globally for merchandise trade as a proportion of gdp?
- Laos ranks 25th and World ranks 22nd 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.