Agriculture value added share of GDP in Lao People's Democratic Republic
Lao People's Democratic Republic: Agriculture value added share of GDP was 21.0% in 2023. ▼ Falling
Agriculture value added share of GDP in Lao People's Democratic Republic, 2001–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for agriculture value added share of gdp in Lao People's Democratic Republic is 21.0%, measured in 2023.
Compared with earlier readings it is up 17.8% on the previous year and up 17.1% over ten years.
Over the whole period, agriculture value added share of gdp in Lao People's Democratic Republic peaked at 31.4% in 2001 and was at its lowest, 15.7%, in 2018.
That places Lao People's Democratic Republic 31st out of 203 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Agriculture value added share of GDP in Lao People's Democratic Republic, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 31.4% | — |
| 2002 | 30.8% | -1.8% |
| 2003 | 29.6% | -3.9% |
| 2004 | 28.0% | -5.2% |
| 2005 | 26.3% | -6.3% |
| 2006 | 25.6% | -2.6% |
| 2007 | 23.8% | -6.9% |
| 2008 | 23.0% | -3.7% |
| 2009 | 23.3% | +1.5% |
| 2010 | 22.0% | -5.5% |
| 2011 | 21.1% | -4.4% |
| 2012 | 18.6% | -11.9% |
| 2013 | 17.9% | -3.3% |
| 2014 | 17.9% | -0.4% |
| 2015 | 17.6% | -1.5% |
| 2016 | 17.2% | -2.0% |
| 2017 | 16.2% | -5.9% |
| 2018 | 15.7% | -3.1% |
| 2019 | 16.1% | +2.2% |
| 2020 | 16.5% | +2.7% |
| 2021 | 15.9% | -3.2% |
| 2022 | 17.8% | +11.8% |
| 2023 | 21.0% | +17.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.9% | 23.0% | 31.4% | 9 |
| 2010s | 18.0% | 15.7% | 22.0% | 10 |
| 2020s | 17.8% | 15.9% | 21.0% | 4 |
Countries ranked near Lao People's Democratic Republic
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)
- Gross capital formation (constant 2015 US$), annual growth rate 7 % change on previous year (2016)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3061 constant 2015 US$ per US$ of GDP (2016)
- Gross capital formation (constant 2015 US$), per capita 705.07 constant 2015 US$ per person (2016)
- Imports of goods and services (current US$), annual growth rate -10.9 % change on previous year (2016)
- Imports of goods and services (current US$), per unit of GDP 0.4188 current US$ per US$ of GDP (2016)
- Imports of goods and services (current US$), per capita 964.65 current US$ per person (2016)
- Imports of goods and services (current LCU), annual growth rate -10.93 % change on previous year (2016)
- Imports of goods and services (current LCU), per unit of GDP 3,403 current LCU per US$ of GDP (2016)
Frequently asked questions
- What is agriculture value added share of gdp in Lao People's Democratic Republic?
- Agriculture value added share of gdp in Lao People's Democratic Republic was 21.0% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest agriculture value added share of gdp recorded in Lao People's Democratic Republic?
- The highest recorded value was 31.4% in 2001.
- What is the lowest agriculture value added share of gdp recorded in Lao People's Democratic Republic?
- The lowest recorded value was 15.7% in 2018.
- How does Lao People's Democratic Republic rank for agriculture value added share of gdp?
- Lao People's Democratic Republic ranks 31st out of 203 countries with data for 2023.
- Is agriculture value added share of gdp rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 17.1%. 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 United Nations Statistics Division, SDG Global Database, published as part of Agriculture value added share of GDP (%). Statizoid updates them automatically from the source API.
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