Annual growth of exports of goods and services in Lao People's Democratic Republic
Lao People's Democratic Republic: Annual growth of exports of goods and services was 10.5% in 2016. ◆ Volatile
Latest (2016)
10.5%
Change on year
up 57.2%
World rank
41st
of 186 countries
All-time high
22.4%
in 2011
All-time low
-13.7%
in 2001
Years of data
16
2001–2016
Annual growth of exports of goods and services in Lao People's Democratic Republic, 2001–2016
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Lao People's Democratic Republic recorded 10.5% for annual growth of exports of goods and services in 2016.
That represents a change of up 57.2% on the previous year and down 27.3% over ten years.
Over the whole period, annual growth of exports of goods and services in Lao People's Democratic Republic peaked at 22.4% in 2011 and was at its lowest, -13.7%, in 2001.
That places Lao People's Democratic Republic 41st out of 186 countries with data for 2016, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Lao People's Democratic Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | -13.7% | — |
| 2002 | -4.6% | -66.6% |
| 2003 | -8.3% | +80.2% |
| 2004 | 4.5% | -154.2% |
| 2005 | 11.7% | +160.3% |
| 2006 | 14.4% | +23.3% |
| 2007 | 8.1% | -43.4% |
| 2008 | 13.6% | +66.8% |
| 2009 | 5.6% | -58.8% |
| 2010 | 15.7% | +180.7% |
| 2011 | 22.4% | +42.8% |
| 2012 | 6.7% | -70.1% |
| 2013 | 19.4% | +188.5% |
| 2014 | 7.0% | -63.7% |
| 2015 | 6.7% | -5.4% |
| 2016 | 10.5% | +57.2% |
Lao People's Democratic Republic compared with similar countries
- Lao People's Democratic Republic's 10.5% is above the median for lower middle income countries, which is 2.7%, 3.9× the median. (40 countries reporting)
- Lao People's Democratic Republic's 10.5% is above the median for East Asia & Pacific, which is 7.3%, 1.4× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.5% | -13.7% | 14.4% | 9 |
| 2010s | 12.6% | 6.7% | 22.4% | 7 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6,670 BoP, current US$ (2022)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2022)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0009 BoP, current US$ per person (2022)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 988.46 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -44.51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0599 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 127.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is annual growth of exports of goods and services in Lao People's Democratic Republic?
- Annual growth of exports of goods and services in Lao People's Democratic Republic was 10.5% in 2016, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in Lao People's Democratic Republic?
- The highest recorded value was 22.4% in 2011.
- What is the lowest annual growth of exports of goods and services recorded in Lao People's Democratic Republic?
- The lowest recorded value was -13.7% in 2001.
- How does Lao People's Democratic Republic rank for annual growth of exports of goods and services?
- Lao People's Democratic Republic ranks 41st out of 186 countries with data for 2016.
- Is annual growth of exports of goods and services rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 27.3%. The long-run trend across the full record is volatile.
- 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 Annual growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
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