Korea vs Lao People's Democratic Republic: Trade in services
Trade in services over time
- Korea
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports 18.2% against 17.9% in Korea, a difference of 0.3%.
The two have swapped places 7 times across 41 shared years of data; in 1984 it was Korea ahead.
Korea ranks 115th and Lao People's Democratic Republic ranks 113th of 200 countries.
Across the 5 decades both report, Korea averaged higher in 4 and Lao People's Democratic Republic in 1.
Head to head by decade
| Decade | Korea | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 8.8% | 5.0% | 3.7% | Korea |
| 1990s | 8.7% | 16.3% | 7.7% | Lao People's Democratic Republic |
| 2000s | 12.3% | 9.5% | 2.9% | Korea |
| 2010s | 14.1% | 12.6% | 1.5% | Korea |
| 2020s | 14.3% | 9.2% | 5.1% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade in services, Korea or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at 18.2% against 17.9% in Korea as of 2024.
- What is the difference in trade in services between Korea and Lao People's Democratic Republic?
- 0.3%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Korea and Lao People's Democratic Republic?
- 41 years are reported by both, from 1984 to 2024.
- How do Korea and Lao People's Democratic Republic rank globally for trade in services?
- Korea ranks 115th and Lao People's Democratic Republic ranks 113th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Trade in services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.