Lao People's Democratic Republic vs Latin America and the Caribbean: Merchandise trade as a proportion of GDP
Lao People's Democratic Republic
109.4%
in 2024
Latin America and the Caribbean
43.1%
in 2024
Lao People's Democratic Republic rank
25th
Latin America and the Caribbean rank
24th
Merchandise trade as a proportion of GDP over time
- Lao People's Democratic Republic
- Latin America and the Caribbean
How they compare
Lao People's Democratic Republic currently reports 109.4% against 43.1% in Latin America and the Caribbean, a difference of 66.3%.
That makes Lao People's Democratic Republic's figure about 2.5 times Latin America and the Caribbean's.
Across all 25 years both countries report, Lao People's Democratic Republic has been ahead every year.
Lao People's Democratic Republic ranks 25th and Latin America and the Caribbean ranks 24th 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 | Latin America and the Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 46.9% | 37.3% | 9.6% | Lao People's Democratic Republic |
| 2010s | 57.1% | 37.1% | 20.0% | Lao People's Democratic Republic |
| 2020s | 89.0% | 45.0% | 44.0% | 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 Latin America and the Caribbean?
- Lao People's Democratic Republic, 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 Lao People's Democratic Republic and Latin America and the Caribbean?
- 66.3%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Latin America and the Caribbean?
- 25 years are reported by both, from 2000 to 2024.
- How do Lao People's Democratic Republic and Latin America and the Caribbean rank globally for merchandise trade as a proportion of gdp?
- Lao People's Democratic Republic 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.