Exports of goods and services in Lao People's Democratic Republic
Lao People's Democratic Republic: Exports of goods and services was 5.41 billion constant 2015 US$ in 2016. ▲ Rising
Exports of goods and services in Lao People's Democratic Republic, 2000–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2016, exports of goods and services in Lao People's Democratic Republic stood at 5.41 billion constant 2015 US$. That is the highest value across all 17 years on record.
That represents a change of up 10.5% on the previous year and up 195.1% over ten years.
Over the whole period, exports of goods and services in Lao People's Democratic Republic peaked at 5.41 billion constant 2015 US$ in 2016 and was at its lowest, 1.37 billion constant 2015 US$, in 2003.
That places Lao People's Democratic Republic 118th out of 172 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Exports of goods and services in Lao People's Democratic Republic, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 1.82 billion constant 2015 US$ | — |
| 2001 | 1.57 billion constant 2015 US$ | -13.7% |
| 2002 | 1.50 billion constant 2015 US$ | -4.6% |
| 2003 | 1.37 billion constant 2015 US$ | -8.3% |
| 2004 | 1.44 billion constant 2015 US$ | +4.5% |
| 2005 | 1.60 billion constant 2015 US$ | +11.7% |
| 2006 | 1.83 billion constant 2015 US$ | +14.4% |
| 2007 | 1.98 billion constant 2015 US$ | +8.1% |
| 2008 | 2.25 billion constant 2015 US$ | +13.6% |
| 2009 | 2.38 billion constant 2015 US$ | +5.6% |
| 2010 | 2.75 billion constant 2015 US$ | +15.7% |
| 2011 | 3.37 billion constant 2015 US$ | +22.4% |
| 2012 | 3.59 billion constant 2015 US$ | +6.7% |
| 2013 | 4.29 billion constant 2015 US$ | +19.4% |
| 2014 | 4.59 billion constant 2015 US$ | +7.0% |
| 2015 | 4.90 billion constant 2015 US$ | +6.7% |
| 2016 | 5.41 billion constant 2015 US$ | +10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.77 billion constant 2015 US$ | 1.37 billion constant 2015 US$ | 2.38 billion constant 2015 US$ | 10 |
| 2010s | 4.13 billion constant 2015 US$ | 2.75 billion constant 2015 US$ | 5.41 billion constant 2015 US$ | 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)
- 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 exports of goods and services in Lao People's Democratic Republic?
- Exports of goods and services in Lao People's Democratic Republic was 5.41 billion constant 2015 US$ in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest exports of goods and services recorded in Lao People's Democratic Republic?
- The highest recorded value was 5.41 billion constant 2015 US$ in 2016.
- What is the lowest exports of goods and services recorded in Lao People's Democratic Republic?
- The lowest recorded value was 1.37 billion constant 2015 US$ in 2003.
- How does Lao People's Democratic Republic rank for exports of goods and services?
- Lao People's Democratic Republic ranks 118th out of 172 countries with data for 2016.
- Is exports of goods and services rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 195.1%. The long-run trend across the full record is rising.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Exports of goods and services (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.