Annual gdp growth in Laos
Laos: Annual gdp growth was 3.75 in 2023. ▼ Falling
Latest (2023)
3.75
Change on year
up 38.4%
World rank
83rd
of 211 countries
All-time high
8.62
in 2006
All-time low
0.5
in 2020
Years of data
24
2000–2023
Annual gdp growth in Laos, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Laos is 3.75, measured in 2023.
The figure is up 38.4% on the previous year and down 53.3% over ten years.
Over the whole period, annual gdp growth in Laos peaked at 8.62 in 2006 and was at its lowest, 0.5, in 2020.
Laos ranks 83rd of 211 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.85 | 5.75 | 8.62 | 10 |
| 2010s | 7.31 | 5.46 | 8.53 | 10 |
| 2020s | 2.37 | 0.5 | 3.75 | 4 |
Countries ranked near Laos
- 80 Madagascar 3.8 compare
- 80 Sint Maarten (Dutch part) 3.8 compare
- 82 Egypt 3.76 compare
- 84 United Arab Emirates 3.62 compare
- 85 Russia 3.6 compare
- 86 Honduras 3.58 compare
More economy & growth data for Laos
- External balance on goods and services as a percent of gdp -8.67 (2016)
- Inflation of consumer prices 7.74 (2025)
- Gdp per capita worldbank constant usd 2,807 (2025)
- Manufacturing value added to gdp 9.11 (2025)
- Gdp worldbank constant usd 22.10 billion (2025)
- Gdp per capita in international and market dollars 2,807 (2025)
- DEC alternative conversion factor 20,444 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.36 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 604.50 million current US$ (2025)
- Taxes less subsidies on products 39.84 trillion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Laos?
- Annual gdp growth in Laos was 3.75 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Laos?
- The highest recorded value was 8.62 in 2006.
- What is the lowest annual gdp growth recorded in Laos?
- The lowest recorded value was 0.5 in 2020.
- How does Laos rank for annual gdp growth?
- Laos ranks 83rd out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Laos?
- Over the last ten years it is down 53.3%. The long-run trend across the full record is falling.
- Where does this Laos data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).