External balance on goods and services in Lao People's Democratic Republic
Lao People's Democratic Republic: External balance on goods and services was -15.70 trillion constant LCU in 2016. ▲ Rising
External balance on goods and services in Lao People's Democratic Republic, 2012–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Lao People's Democratic Republic recorded -15.70 trillion constant LCU for external balance on goods and services in 2016. That is the highest value across all 5 years on record.
The figure is up 9.7% on the previous year and up 14.2% over five years.
That places Lao People's Democratic Republic 158th out of 161 countries with data for 2016, putting it in the bottom quarter.
External balance on goods and services in Lao People's Democratic Republic, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2012 | -18.31 trillion constant LCU | — |
| 2013 | -18.91 trillion constant LCU | +3.3% |
| 2014 | -17.71 trillion constant LCU | -6.4% |
| 2015 | -17.39 trillion constant LCU | -1.8% |
| 2016 | -15.70 trillion constant LCU | -9.7% |
Countries ranked near Lao People's Democratic Republic
- 155 Tanzania, United Republic of -8.77 trillion constant LCU
- 156 Lebanon -11.18 trillion constant LCU compare
- 157 Mongolia -11.74 trillion constant LCU
- 159 Uzbekistan -20.99 trillion constant LCU compare
- 160 Guinea -23.22 trillion constant LCU compare
- 161 Colombia -109.69 trillion constant LCU
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)
- GNI (current LCU), annual growth rate 13.32 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 19,299 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 44.87 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 2.12 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 0.7775 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 10.91 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1065 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 247.52 current US$ per person (2025)
Frequently asked questions
- What is external balance on goods and services in Lao People's Democratic Republic?
- External balance on goods and services in Lao People's Democratic Republic was -15.70 trillion constant LCU in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Lao People's Democratic Republic?
- The highest recorded value was -15.70 trillion constant LCU in 2016.
- What is the lowest external balance on goods and services recorded in Lao People's Democratic Republic?
- The lowest recorded value was -18.91 trillion constant LCU in 2013.
- How does Lao People's Democratic Republic rank for external balance on goods and services?
- Lao People's Democratic Republic ranks 158th out of 161 countries with data for 2016.
- 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 External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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 varies by country. This series is expressed in local currency units.