Africa's Development Dynamics (AfDD) Table 28 - International trade in Lao People's Democratic Republic
Lao People's Democratic Republic: Africa's Development Dynamics (AfDD) Table 28 - International trade was 76.6 Percentage of merchandise value in 2020. ▼ Falling
Africa's Development Dynamics (AfDD) Table 28 - International trade in Lao People's Democratic Republic, 2000–2020
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of merchandise value.
Analysis
The most recent figure for africa's development dynamics (afdd) table 28 - international trade in Lao People's Democratic Republic is 76.6 Percentage of merchandise value, measured in 2020.
That represents a change of down 4.4% on the previous year and down 21.4% over ten years.
Over the whole period, africa's development dynamics (afdd) table 28 - international trade in Lao People's Democratic Republic peaked at 97.48 Percentage of merchandise value in 2010 and was at its lowest, 67.91 Percentage of merchandise value, in 2006.
That places Lao People's Democratic Republic 118th out of 157 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Africa's Development Dynamics (AfDD) Table 28 - International trade in Lao People's Democratic Republic, year by year
| Year | Percentage of merchandise value | Change |
|---|---|---|
| 2000 | 87.14 Percentage of merchandise value | — |
| 2001 | 96.21 Percentage of merchandise value | +10.4% |
| 2002 | 91.78 Percentage of merchandise value | -4.6% |
| 2003 | 95.43 Percentage of merchandise value | +4.0% |
| 2004 | 92.78 Percentage of merchandise value | -2.8% |
| 2005 | 82.82 Percentage of merchandise value | -10.7% |
| 2006 | 67.91 Percentage of merchandise value | -18.0% |
| 2007 | 72.04 Percentage of merchandise value | +6.1% |
| 2008 | 72.27 Percentage of merchandise value | +0.3% |
| 2009 | 90.25 Percentage of merchandise value | +24.9% |
| 2010 | 97.48 Percentage of merchandise value | +8.0% |
| 2011 | 83.92 Percentage of merchandise value | -13.9% |
| 2012 | 84.86 Percentage of merchandise value | +1.1% |
| 2013 | 74.57 Percentage of merchandise value | -12.1% |
| 2014 | 80.8 Percentage of merchandise value | +8.3% |
| 2015 | 76.24 Percentage of merchandise value | -5.6% |
| 2016 | 81.06 Percentage of merchandise value | +6.3% |
| 2017 | 84.26 Percentage of merchandise value | +4.0% |
| 2018 | 68.52 Percentage of merchandise value | -18.7% |
| 2019 | 80.16 Percentage of merchandise value | +17.0% |
| 2020 | 76.6 Percentage of merchandise value | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 84.86 Percentage of merchandise value | 67.91 Percentage of merchandise value | 96.21 Percentage of merchandise value | 10 |
| 2010s | 81.19 Percentage of merchandise value | 68.52 Percentage of merchandise value | 97.48 Percentage of merchandise value | 10 |
| 2020s | 76.6 Percentage of merchandise value | 76.6 Percentage of merchandise value | 76.6 Percentage of merchandise value | 1 |
Countries ranked near Lao People's Democratic Republic
- 115 Mozambique 79.27 Percentage of merchandise value compare
- 116 Andorra 78.34 Percentage of merchandise value compare
- 117 El Salvador 78.31 Percentage of merchandise value compare
- 119 Russian Federation 76.56 Percentage of merchandise value compare
- 120 Ireland 76.37 Percentage of merchandise value compare
- 121 Thailand 75.43 Percentage of merchandise value compare
More economy & growth data for Lao People's Democratic Republic
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 7.85 % change on previous year (2016)
- Exports of goods and services (current LCU), per unit of GDP 2,698 current LCU per US$ of GDP (2016)
- Exports of goods and services (current LCU), per capita 6.21 million current LCU per person (2016)
- Exports of goods and services (constant 2015 US$), annual growth rate 10.46 % change on previous year (2016)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.34 constant 2015 US$ per US$ of GDP (2016)
- Exports of goods and services (constant 2015 US$), per capita 783.11 constant 2015 US$ per person (2016)
- Gross fixed capital formation (current US$), annual growth rate 1.39 % change on previous year (2016)
- Gross fixed capital formation (current US$), per unit of GDP 0.2901 current US$ per US$ of GDP (2016)
Frequently asked questions
- What is africa's development dynamics (afdd) table 28 - international trade in Lao People's Democratic Republic?
- Africa's development dynamics (afdd) table 28 - international trade in Lao People's Democratic Republic was 76.6 Percentage of merchandise value in 2020, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 28 - international trade recorded in Lao People's Democratic Republic?
- The highest recorded value was 97.48 Percentage of merchandise value in 2010.
- What is the lowest africa's development dynamics (afdd) table 28 - international trade recorded in Lao People's Democratic Republic?
- The lowest recorded value was 67.91 Percentage of merchandise value in 2006.
- How does Lao People's Democratic Republic rank for africa's development dynamics (afdd) table 28 - international trade?
- Lao People's Democratic Republic ranks 118th out of 157 countries with data for 2020.
- Is africa's development dynamics (afdd) table 28 - international trade rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 21.4%. The long-run trend across the full record is falling.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 28 - International trade costs — Average cost of trade within continent, manufactured goods. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 28 shows the average cost of importing and exporting goods calculated as a percentage of the value of goods traded, broken down by the origin and destination of the trade, whether it is with bordering countries, with countries in the same region, or the same continent.