Annual growth of imports of goods and services in Lao People's Democratic Republic
Lao People's Democratic Republic: Annual growth of imports of goods and services was 4.6% in 2016. ◆ Volatile
Annual growth of imports 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 4.6% for annual growth of imports of goods and services in 2016.
That represents a change of up 12.5% on the previous year and down 75.3% over ten years.
Over the whole period, annual growth of imports of goods and services in Lao People's Democratic Republic peaked at 31.1% in 2004 and was at its lowest, -2.1%, in 2002.
Lao People's Democratic Republic ranks 85th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Lao People's Democratic Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 7.4% | — |
| 2002 | -2.1% | -128.4% |
| 2003 | 2.7% | -230.1% |
| 2004 | 31.1% | +1042.5% |
| 2005 | 16.2% | -47.9% |
| 2006 | 18.4% | +13.6% |
| 2007 | 15.8% | -14.4% |
| 2008 | 21.9% | +38.4% |
| 2009 | 9.4% | -56.8% |
| 2010 | 9.2% | -2.2% |
| 2011 | 17.1% | +85.0% |
| 2012 | 31.0% | +81.5% |
| 2013 | 13.4% | -56.9% |
| 2014 | 2.5% | -81.4% |
| 2015 | 4.0% | +62.4% |
| 2016 | 4.6% | +12.5% |
Biggest year-on-year movements
Years where Annual growth of imports of goods and services in Lao People's Democratic Republic 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 |
|---|---|---|---|
| 2004 | +1042.5% | 2.7% | 31.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.4% | -2.1% | 31.1% | 9 |
| 2010s | 11.7% | 2.5% | 31.0% | 7 |
Countries ranked near Lao People's Democratic Republic
More economy & growth data for Lao People's Democratic Republic
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 8 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -11.76 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 5.92 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 5.92 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices 22,420 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 78.08 million million SLC (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.85 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.26 % (2024)
- Gross Domestic Product — Annual growth US$ per capita -4.28 % (2024)
- Gross Domestic Product — Annual growth US$ -2.97 % (2024)
Frequently asked questions
- What is annual growth of imports of goods and services in Lao People's Democratic Republic?
- Annual growth of imports of goods and services in Lao People's Democratic Republic was 4.6% in 2016, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Lao People's Democratic Republic?
- The highest recorded value was 31.1% in 2004.
- What is the lowest annual growth of imports of goods and services recorded in Lao People's Democratic Republic?
- The lowest recorded value was -2.1% in 2002.
- How does Lao People's Democratic Republic rank for annual growth of imports of goods and services?
- Lao People's Democratic Republic ranks 85th out of 186 countries with data for 2016.
- Is annual growth of imports of goods and services rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 75.3%. 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 imports of goods and services (%). Statizoid updates them automatically from the source API.
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