Annual gdp growth in Laos
Laos: Annual gdp growth was 4.13 in 2024. ▼ Falling
Annual gdp growth in Laos, 2000–2024
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Laos is 4.13, measured in 2024.
The figure is up 10.1% on the previous year and down 45.7% 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 65th of 212 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Annual gdp growth in Laos, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 5.8 | — |
| 2001 | 5.75 | -0.9% |
| 2002 | 5.92 | +3.0% |
| 2003 | 6.07 | +2.5% |
| 2004 | 6.36 | +4.8% |
| 2005 | 7.11 | +11.8% |
| 2006 | 8.62 | +21.2% |
| 2007 | 7.6 | -11.8% |
| 2008 | 7.82 | +2.9% |
| 2009 | 7.5 | -4.1% |
| 2010 | 8.53 | +13.7% |
| 2011 | 8.04 | -5.7% |
| 2012 | 8.03 | -0.1% |
| 2013 | 8.03 | +0.0% |
| 2014 | 7.61 | -5.2% |
| 2015 | 7.27 | -4.5% |
| 2016 | 7.02 | -3.4% |
| 2017 | 6.89 | -1.9% |
| 2018 | 6.25 | -9.3% |
| 2019 | 5.46 | -12.6% |
| 2020 | 0.5 | -90.8% |
| 2021 | 2.53 | +406.0% |
| 2022 | 2.71 | +7.1% |
| 2023 | 3.75 | +38.4% |
| 2024 | 4.13 | +10.1% |
Laos compared with similar countries
- Laos's 4.13 is above the median for lower middle income countries, which is 3.8, 1.1× the median. (47 countries reporting)
- Laos's 4.13 is above the median for East Asia & Pacific, which is 3.26, 1.3× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Annual gdp growth in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +406.0% | 0.5 | 2.53 |
| 2020 | -90.8% | 5.46 | 0.5 |
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 | 2.72 | 0.5 | 4.13 | 5 |
Countries ranked near Laos
- 62 Chad 4.2 compare
- 62 Madagascar 4.2 compare
- 64 Guinea-Bissau 4.15 compare
- 66 Burundi 4.11 compare
- 66 Somalia 4.11 compare
- 68 Azerbaijan 4.07 compare
More economy & growth data for Laos
- Real gdp growth, annual growth rate 11 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 60.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 19.21 units per person (2025)
- SDRs holdings, SDR, annual growth rate 52.95 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 14.03 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Laos?
- Annual gdp growth in Laos was 4.13 in 2024, 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 65th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Laos?
- Over the last ten years it is down 45.7%. 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 — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).