Exports of goods and services in Lao People's Democratic Republic
Lao People's Democratic Republic: Exports of goods and services was 33.2% in 2016. ▲ Rising
Exports of goods and services in Lao People's Democratic Republic, 1984–2016
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Lao People's Democratic Republic recorded 33.2% for exports of goods and services in 2016.
Compared with earlier readings it is down 2.2% on the previous year and down 13.0% over ten years.
Over the whole period, exports of goods and services in Lao People's Democratic Republic peaked at 40.8% in 2014 and was at its lowest, 2.8%, in 1984.
That places Lao People's Democratic Republic 107th out of 193 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Exports of goods and services in Lao People's Democratic Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1984 | 2.8% | — |
| 1985 | 4.0% | +46.1% |
| 1986 | 3.6% | -10.5% |
| 1987 | 6.1% | +68.6% |
| 1988 | 13.6% | +123.7% |
| 1989 | 12.1% | -11.0% |
| 1990 | 11.3% | -6.6% |
| 1991 | 13.0% | +14.3% |
| 1992 | 17.0% | +31.4% |
| 1993 | 21.5% | +26.1% |
| 1994 | 25.0% | +16.4% |
| 1995 | 23.2% | -7.1% |
| 1996 | 22.7% | -2.2% |
| 1997 | 23.9% | +5.3% |
| 1998 | 36.5% | +52.6% |
| 1999 | 35.9% | -1.6% |
| 2000 | 30.7% | -14.5% |
| 2001 | 27.9% | -9.1% |
| 2002 | 28.8% | +3.2% |
| 2003 | 23.5% | -18.3% |
| 2004 | 24.9% | +6.0% |
| 2005 | 29.0% | +16.3% |
| 2006 | 38.2% | +31.7% |
| 2007 | 33.6% | -11.9% |
| 2008 | 33.2% | -1.4% |
| 2009 | 30.1% | -9.3% |
| 2010 | 35.4% | +17.6% |
| 2011 | 40.3% | +14.0% |
| 2012 | 37.9% | -6.1% |
| 2013 | 38.2% | +0.8% |
| 2014 | 40.8% | +6.8% |
| 2015 | 34.0% | -16.7% |
| 2016 | 33.2% | -2.2% |
Lao People's Democratic Republic compared with similar countries
- Lao People's Democratic Republic's 33.2% is above the median for lower middle income countries, which is 24.6%, 1.4× the median. (45 countries reporting)
- Lao People's Democratic Republic's 33.2% is above the median for East Asia & Pacific, which is 33.0%, 1.0× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Exports 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 |
|---|---|---|---|
| 1988 | +123.7% | 6.1% | 13.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.0% | 2.8% | 13.6% | 6 |
| 1990s | 23.0% | 11.3% | 36.5% | 10 |
| 2000s | 30.0% | 23.5% | 38.2% | 10 |
| 2010s | 37.1% | 33.2% | 40.8% | 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 exports of goods and services in Lao People's Democratic Republic?
- Exports of goods and services in Lao People's Democratic Republic was 33.2% in 2016, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest exports of goods and services recorded in Lao People's Democratic Republic?
- The highest recorded value was 40.8% in 2014.
- What is the lowest exports of goods and services recorded in Lao People's Democratic Republic?
- The lowest recorded value was 2.8% in 1984.
- How does Lao People's Democratic Republic rank for exports of goods and services?
- Lao People's Democratic Republic ranks 107th out of 193 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 down 13.0%. 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 Offices (NSOs), published as part of Exports of goods and services (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.